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Fidelity Multi-Sector Bond Currency Neutral Fund Series A
Multi-Sector Fixed Income
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FundGrade E
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FundGrade A+® Rating Recipient
2021
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|
NAVPS (06-22-2026) |
$8.35 |
|---|---|
| Change |
-$0.02
(-0.26%)
|
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (May 10, 2017): 1.08%
| 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 | 0.13% | -1.82% | -1.14% | -0.33% | 2.60% | 2.68% | 2.22% | 1.21% | -0.52% | 0.19% | 0.81% | 1.28% | 0.97% | - |
| 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 | 306 / 319 | 316 / 318 | 303 / 312 | 298 / 314 | 289 / 303 | 268 / 282 | 266 / 273 | 256 / 263 | 246 / 253 | 221 / 235 | 205 / 219 | 187 / 202 | 163 / 179 | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.48% | -0.33% | 0.74% | 1.07% | 0.46% | 0.31% | -0.80% | -0.01% | 1.53% | -2.18% | 0.23% | 0.13% |
| 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
4.30% (November 2023)
Worst Monthly Return Since Inception
-6.81% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -2.80% | 10.03% | 6.28% | -0.33% | -12.17% | 5.19% | -0.17% | 4.39% |
| 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 | - | - | 4 | 1 | 1 | 3 | 4 | 4 | 4 | 3 |
| Category Rank | - | - | 160/ 192 | 49/ 213 | 58/ 234 | 179/ 247 | 207/ 255 | 239/ 273 | 279/ 282 | 217/ 298 |
Best Calendar Return (Last 10 years)
10.03% (2019)
Worst Calendar Return (Last 10 years)
-12.17% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 61.57 |
| Foreign Corporate Bonds | 34.81 |
| Cash and Equivalents | 2.97 |
| Foreign Bonds - Other | 0.54 |
| Canadian Corporate Bonds | 0.43 |
| Other | -0.32 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 97.56 |
| Cash and Cash Equivalent | 2.97 |
| Energy | 0.12 |
| Utilities | 0.07 |
| Financial Services | 0.02 |
| Other | -0.74 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 89.93 |
| Europe | 4.99 |
| Latin America | 4.16 |
| Asia | 0.37 |
| Multi-National | 0.03 |
| Other | 0.52 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-May-2034 | - |
| United States Treasury 4.13% 15-Aug-2053 | - |
| United States Treasury 3.63% 15-Feb-2053 | - |
| USTN 4.00% 31-Jan-2033 | - |
| United States Treasury 4.25% 15-Aug-2054 | - |
| Fidelity U.S. Money Market Investment Trust O | - |
| United States Treasury 4.25% 15-May-2035 | - |
| United States Treasury 3.63% 30-Sep-2031 | - |
| USTN 4.25% 15-Aug-2035 | - |
| Prime Healthcare Foundatn Inc 7.00% 01-Dec-2027 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Multi-Sector Bond Currency Neutral Fund Series A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 5.53% | 5.98% | - |
|---|---|---|---|
| Beta | 0.66 | 0.67 | - |
| Alpha | -0.02 | -0.02 | - |
| Rsquared | 0.30% | 0.45% | - |
| Sharpe | -0.22 | -0.54 | - |
| Sortino | -0.17 | -0.72 | - |
| Treynor | -0.02 | -0.05 | - |
| Tax Efficiency | 40.06% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.55% | 5.53% | 5.98% | - |
| Beta | 0.60 | 0.66 | 0.67 | - |
| Alpha | 0.00 | -0.02 | -0.02 | - |
| Rsquared | 0.48% | 0.30% | 0.45% | - |
| Sharpe | 0.08 | -0.22 | -0.54 | - |
| Sortino | -0.14 | -0.17 | -0.72 | - |
| Treynor | 0.00 | -0.02 | -0.05 | - |
| Tax Efficiency | 50.45% | 40.06% | - | - |
Fund Details
| Start Date | May 10, 2017 |
|---|---|
| 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 |
|---|---|---|
| FID5752 | ||
| FID5753 | ||
| FID5754 |
Investment Objectives
The Fund aims to provide a steady flow of 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 invests primarily in a mix of fixed income securities of U.S. issuers and other issuers from around the world. The underlying fund can invest in these securities either directly or indirectly through investments in other underlying funds.
Investment Strategy
The strategies described below relate to the Fund and the underlying fund, Fidelity Multi-Sector Bond Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Exercises broad flexibility by investing, either directly or indirectly through investments in third-tier funds, and in an expansive set of fixed income securities, including global investment grade fixed income securities, and higher yielding lower quality fixed income 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 | 1.75% |
|---|---|
| Management Fee | 1.35% |
| 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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