Join Fund Library now and get free access to personalized features to help you manage your investments.

Fidelity Income Allocation Fund Series B

Canadian Fix Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016, 2015, 2014

Click for more information on Fundata’s FundGrade

NAVPS
(06-21-2024)
$15.07
Change
$0.00 (-0.02%)

As at May 31, 2024

As at March 31, 2024

Period
Loading...

Legend

Fidelity Income Allocation Fund Series B

Compare Options


Fund Returns

Inception Return (May 25, 2005): 6.00%

Fund Returns
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 1.92% 1.63% 4.25% 1.96% 5.29% 3.14% 1.29% 2.34% 2.58% 3.12% 2.50% 2.74% 2.66% 3.29%
Benchmark 0.69% 0.14% 2.93% -0.59% 4.74% 2.34% 0.07% 1.58% 2.23% 2.88% 2.65% 2.97% 2.78% 3.20%
Category Average 1.91% 4.95% 4.95% 1.80% 6.77% 3.40% 0.53% 2.21% 2.30% 2.53% 2.20% 2.61% 2.33% 2.64%
Category Rank 198 / 418 141 / 418 332 / 417 215 / 417 354 / 415 275 / 410 128 / 386 189 / 353 153 / 342 117 / 306 129 / 288 151 / 273 123 / 252 92 / 244
Quartile Ranking 2 2 4 3 4 3 2 3 2 2 2 3 2 2

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.02% -0.57% 0.07% -2.54% 0.43% 3.69% 2.25% -0.16% 0.48% 1.08% -1.35% 1.92%
Benchmark 0.81% -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69%

Best Monthly Return Since Inception

6.98% (May 2009)

Worst Monthly Return Since Inception

-10.36% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 9.64% 4.34% 3.92% 1.34% 0.49% 7.89% 6.67% 4.71% -7.09% 5.05%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking 1 1 3 4 1 4 3 2 1 4
Category Rank 17/ 236 33/ 252 161/ 262 282/ 285 16/ 298 261/ 322 213/ 351 148/ 374 30/ 390 408/ 413

Best Calendar Return (Last 10 years)

9.64% (2014)

Worst Calendar Return (Last 10 years)

-7.09% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 24.63
Canadian Corporate Bonds 15.78
Canadian Equity 15.67
US Equity 9.40
Foreign Government Bonds 6.89
Other 27.63

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 57.76
Cash and Cash Equivalent 4.33
Exchange Traded Fund 4.13
Real Estate 4.12
Utilities 3.88
Other 25.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 80.22
Asia 4.53
Europe 4.29
Multi-National 3.09
Latin America 2.65
Other 5.22

Top Holdings

Top Holdings
Name Percent
Fidelity American High Yield Fund Series O -
iShares Gold Trust ETF (IAU) -
iShares Core S&P 500 ETF (IVV) -
iShares 20 Plus Year Treasury Bond ETF (TLT) -
Investment Grade CMBS Securities Directly Held -
Fidelity Canadian Money Market Investment Trust O -
High Yield Investments Directly Held -
Rogers Communications Inc Cl B -
Fidelity American High Yield Currency Neut Fd B -
BCE Inc -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Fidelity Income Allocation Fund Series B

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 6.00% 6.38% 5.40%
Beta 0.76% 0.83% 0.85%
Alpha 0.01% 0.01% 0.01%
Rsquared 0.92% 0.94% 0.87%
Sharpe -0.24% 0.11% 0.36%
Sortino -0.36% -0.05% 0.10%
Treynor -0.02% 0.01% 0.02%
Tax Efficiency - 53.99% 67.14%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.74% 6.00% 6.38% 5.40%
Beta 0.72% 0.76% 0.83% 0.85%
Alpha 0.02% 0.01% 0.01% 0.01%
Rsquared 0.87% 0.92% 0.94% 0.87%
Sharpe 0.08% -0.24% 0.11% 0.36%
Sortino 0.69% -0.36% -0.05% 0.10%
Treynor 0.01% -0.02% 0.01% 0.02%
Tax Efficiency 81.59% - 53.99% 67.14%

Fund Details

Start Date May 25, 2005
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,093

Fund Codes

FundServ Code Load Code Sales Status
FID294

Investment Objectives

The Fund aims to achieve a high total investment return. It invests primarily in investment grade fixed income securities, higher yielding lower quality fixed income securities, equity securities of companies that pay dividends or are expected to pay dividends, and other securities that are expected to distribute income. The Fund can invest in these securities either directly or indirectly through investments in underlying funds.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 30% equity securities and 70% fixed income securities. May vary the asset mix from the neutral mix if it believes this produces the best overall balance of risk and return. Generally keeps the Fund’s asset mix within the following ranges: 0%-50% equity securities and 50%-100% fixed income securities.

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 11-12-2021
Fidelity Management & Research Company LLC 02-06-2023

Management and Organization

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

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 1.74%
Management Fee 1.40%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.