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Fidelity Strategic Income Currency Neutral Fund Series A
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-23-2026) |
$8.79 |
|---|---|
| Change |
$0.00
(-0.05%)
|
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (June 28, 2016): 2.10%
| 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 | 0.33% | -0.39% | 0.64% | 0.56% | 4.91% | 4.74% | 5.07% | 3.17% | 1.06% | 2.17% | 1.67% | 1.81% | 1.60% | - |
| Benchmark | 1.62% | -0.17% | -0.34% | 1.15% | 5.05% | 7.00% | 5.96% | 5.49% | 2.36% | 0.82% | 1.74% | 2.55% | 1.98% | 2.48% |
| Category Average | 0.55% | -0.45% | 0.70% | 0.73% | 4.95% | 5.11% | 4.99% | - | - | - | - | - | - | - |
| Category Rank | 266 / 319 | 175 / 318 | 164 / 312 | 204 / 314 | 156 / 303 | 194 / 282 | 178 / 273 | 200 / 263 | 192 / 253 | 146 / 235 | 184 / 219 | 166 / 202 | 140 / 179 | - |
| Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.59% | 0.24% | 0.83% | 0.80% | 0.57% | 0.16% | 0.08% | 0.25% | 0.70% | -1.65% | 0.94% | 0.33% |
| Benchmark | 1.36% | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% |
Best Monthly Return Since Inception
3.73% (November 2023)
Worst Monthly Return Since Inception
-10.11% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 4.57% | -3.47% | 8.72% | 2.50% | 1.88% | -11.92% | 7.03% | 3.91% | 5.51% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | - | 2 | 4 | 2 | 4 | 2 | 4 | 3 | 4 | 2 |
| Category Rank | - | 46/ 166 | 171/ 192 | 90/ 213 | 185/ 234 | 81/ 247 | 204/ 255 | 139/ 273 | 228/ 282 | 137/ 298 |
Best Calendar Return (Last 10 years)
8.72% (2019)
Worst Calendar Return (Last 10 years)
-11.92% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 49.75 |
| Foreign Government Bonds | 39.56 |
| Cash and Equivalents | 8.10 |
| US Equity | 1.11 |
| Canadian Corporate Bonds | 0.46 |
| Other | 1.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 90.54 |
| Cash and Cash Equivalent | 8.09 |
| Utilities | 0.26 |
| Energy | 0.19 |
| Financial Services | 0.09 |
| Other | 0.83 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 79.87 |
| Europe | 7.54 |
| Latin America | 5.19 |
| Africa and Middle East | 3.49 |
| Asia | 3.18 |
| Other | 0.73 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity U.S. Money Market Investment Trust O | - |
| United States Treasury 1.13% 31-Aug-2028 | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| USTN 3.88% 15-Jul-2028 | - |
| United States Treasury 4.25% 31-Jan-2030 | - |
| EchoStar Corp 10.75% 30-Nov-2029 | - |
| USTN 3.75% 30-Nov-2032 | - |
| USTN 3.50% 15-Mar-2029 | - |
| United States Treasury 3.88% 15-Mar-2028 | - |
| United States Treasury 4.00% 15-Dec-2027 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Strategic Income Currency Neutral Fund Series A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.13% | 5.58% | - |
|---|---|---|---|
| Beta | 0.45 | 0.59 | - |
| Alpha | 0.02 | 0.00 | - |
| Rsquared | 0.25% | 0.41% | - |
| Sharpe | 0.35 | -0.30 | - |
| Sortino | 0.81 | -0.41 | - |
| Treynor | 0.03 | -0.03 | - |
| Tax Efficiency | 71.09% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.68% | 4.13% | 5.58% | - |
| Beta | 0.30 | 0.45 | 0.59 | - |
| Alpha | 0.03 | 0.02 | 0.00 | - |
| Rsquared | 0.21% | 0.25% | 0.41% | - |
| Sharpe | 0.93 | 0.35 | -0.30 | - |
| Sortino | 0.96 | 0.81 | -0.41 | - |
| Treynor | 0.08 | 0.03 | -0.03 | - |
| Tax Efficiency | 68.82% | 71.09% | - | - |
Fund Details
| Start Date | June 28, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID3500 | ||
| FID3502 | ||
| FID3503 |
Investment Objectives
The Fund aims to achieve a combination of a high level of current income and the potential for capital gains. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to achieve a combination of a high level of current income and the potential for capital gains by investing primarily in fixed income securities of U.S. issuers and other issuers from around the world.
Investment Strategy
The strategies described below relate to the Fund and the underlying fund, Fidelity Strategic Income Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Follows a neutral mix guideline of approximately 45% higher yielding lower quality fixed income securities, 25% U.S. government and investment grade fixed income securities, 15% emerging markets debt securities, and 15% foreign developed markets securities.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Management & Research Company LLC |
Management and Organization
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.84% |
|---|---|
| Management Fee | 1.45% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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