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Canadian Equity Balanced
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|
NAVPS (05-03-2024) |
$30.51 |
|---|---|
| Change |
$0.22
(0.72%)
|
As at March 31, 2024
As at December 31, 2023
As at February 29, 2024
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Inception Return (December 30, 1994): 7.53%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.46% | 5.14% | 13.39% | 5.14% | 11.27% | 3.79% | 6.11% | 10.97% | 7.01% | 6.89% | 6.02% | 6.27% | 5.17% | 5.52% |
| Benchmark | 3.22% | 4.61% | 13.14% | 4.61% | 10.92% | 3.03% | 6.47% | 12.42% | 7.64% | 7.62% | 6.76% | 7.65% | 6.20% | 6.37% |
| Category Average | 1.89% | 12.31% | 12.31% | 4.51% | 10.27% | 3.64% | 5.44% | 10.47% | 6.11% | 5.79% | 5.14% | 5.88% | 4.79% | 5.04% |
| Category Rank | 110 / 377 | 145 / 376 | 116 / 375 | 145 / 376 | 147 / 373 | 198 / 370 | 143 / 361 | 160 / 335 | 113 / 329 | 90 / 307 | 96 / 281 | 128 / 269 | 141 / 258 | 111 / 238 |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.01% | -3.00% | 2.16% | 1.15% | -1.20% | -2.85% | -1.29% | 5.77% | 3.30% | 0.61% | 1.99% | 2.46% |
| Benchmark | 2.40% | -4.11% | 2.51% | 1.67% | -1.08% | -3.16% | -2.30% | 6.66% | 3.79% | 0.07% | 1.27% | 3.22% |
9.33% (December 1999)
-10.77% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.79% | -0.75% | 7.07% | 4.92% | -3.95% | 13.91% | 7.84% | 15.75% | -7.72% | 10.24% |
| Benchmark | 10.25% | -5.39% | 15.95% | 7.50% | -6.34% | 18.83% | 6.85% | 17.62% | -7.12% | 10.48% |
| Category Average | 8.24% | -2.09% | 10.63% | 6.12% | -6.63% | 14.36% | 4.77% | 15.38% | -7.74% | 9.70% |
| Quartile Ranking | 2 | 3 | 4 | 4 | 1 | 4 | 2 | 2 | 3 | 2 |
| Category Rank | 79/ 232 | 154/ 258 | 221/ 266 | 210/ 278 | 67/ 307 | 247/ 327 | 117/ 335 | 170/ 361 | 196/ 369 | 139/ 373 |
15.75% (2021)
-7.72% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 57.28 |
| US Equity | 13.31 |
| Foreign Government Bonds | 9.12 |
| Canadian Government Bonds | 6.34 |
| Cash and Equivalents | 4.78 |
| Other | 9.17 |
| Name | Percent |
|---|---|
| Fixed Income | 20.27 |
| Financial Services | 16.17 |
| Industrial Services | 12.38 |
| Technology | 10.63 |
| Consumer Services | 10.30 |
| Other | 30.25 |
| Name | Percent |
|---|---|
| North America | 93.04 |
| Asia | 4.88 |
| Europe | 2.88 |
| Latin America | 1.95 |
| Africa and Middle East | 0.53 |
| Other | -3.28 |
| Name | Percent |
|---|---|
| iShares 20 Plus Year Treasury Bond ETF (TLT) | - |
| Canadian National Railway Co | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| Constellation Software Inc | - |
| Canadian Natural Resources Ltd | - |
| Royal Bank of Canada | - |
| Toronto-Dominion Bank | - |
| Shopify Inc Cl A | - |
| Canadian Pacific Railway Ltd | - |
| Rogers Communications Inc Cl B | - |
Fidelity Canadian Asset Allocation Fund Series B
Median
Other - Canadian Equity Balanced
| Standard Deviation | 9.76% | 10.50% | 8.34% |
|---|---|---|---|
| Beta | 0.87% | 0.83% | 0.81% |
| Alpha | 0.00% | 0.01% | 0.00% |
| Rsquared | 0.98% | 0.98% | 0.95% |
| Sharpe | 0.39% | 0.52% | 0.52% |
| Sortino | 0.52% | 0.59% | 0.47% |
| Treynor | 0.04% | 0.07% | 0.05% |
| Tax Efficiency | 62.71% | 75.65% | 74.88% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.02% | 9.76% | 10.50% | 8.34% |
| Beta | 0.82% | 0.87% | 0.83% | 0.81% |
| Alpha | 0.02% | 0.00% | 0.01% | 0.00% |
| Rsquared | 0.98% | 0.98% | 0.98% | 0.95% |
| Sharpe | 0.70% | 0.39% | 0.52% | 0.52% |
| Sortino | 1.63% | 0.52% | 0.59% | 0.47% |
| Treynor | 0.08% | 0.04% | 0.07% | 0.05% |
| Tax Efficiency | 88.98% | 62.71% | 75.65% | 74.88% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | December 30, 1994 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $1,527 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID281 |
The Fund aims to achieve high total investment return. The Fund uses an asset allocation approach. It invests primarily in a mix of Canadian equity securities, fixed income securities and money market instruments. The Fund can invest in these securities either directly or indirectly through investments in underlying funds.
To meet the Fund’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 70% equity securities and 30% fixed income securities and money market instruments. Depending on market conditions, may vary the asset mix from the neutral mix if it believes this produces the best overall return. Generally keeps the Fund’s asset mix within the following ranges: 20%-90% equity securities, 10%-60% fixed income securities, and 0%-70% money market instruments.
| Name | Start Date |
|---|---|
| Don Newman | 03-11-2009 |
| Hugo Lavallee | 03-25-2011 |
| Geoffrey D. Stein | 03-25-2011 |
| Catriona Martin | 04-01-2011 |
| Joe Overdevest | 04-01-2011 |
| Darren Lekkerkerker | 04-01-2011 |
| David D. Wolf | 09-03-2013 |
| Harley Lank | 03-22-2017 |
| Sri Tella | 03-22-2017 |
| Michael Weaver | 03-22-2017 |
| Fidelity Management & Research Company LLC | 02-06-2023 |
| Fund Manager | Fidelity Investments Canada ULC |
|---|---|
| Advisor | Fidelity Investments Canada ULC |
| Custodian | CIBC Mellon Trust Company |
| Registrar | Fidelity Investments Canada ULC |
| Distributor | Fidelity Investments Canada ULC |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 2.23% |
|---|---|
| Management Fee | 1.85% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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