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2030 Target Date

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-15-2024)
$18.79
Change
-$0.12 (-0.64%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Fidelity ClearPath 2030 Portfolio Series B

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Fund Returns

Inception Return (November 03, 2005): 5.71%

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 2.43% 0.14% -0.98% 5.37% 10.82% 4.27% 2.68% 8.29% 5.30% 4.91% 5.09% 5.68% 4.66% 5.47%
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 1.49% 10.18% 10.18% 2.75% 6.97% 2.26% 1.98% 5.84% 3.89% 3.90% 4.00% 4.56% 3.63% 4.39%
Category Rank 3 / 25 4 / 25 4 / 25 4 / 25 5 / 25 4 / 24 6 / 23 6 / 23 6 / 23 6 / 22 8 / 20 3 / 16 5 / 16 5 / 15
Quartile Ranking 1 1 1 1 1 1 2 2 2 2 2 1 2 2

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.27% -2.23% 1.74% 1.33% -1.00% -3.24% -0.98% 5.74% 2.73% 0.14% 2.73% 2.43%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

7.15% (April 2020)

Worst Monthly Return Since Inception

-11.93% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 9.96% 4.48% 4.32% 9.72% -4.28% 14.83% 11.20% 8.84% -13.44% 10.42%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 9.03% 3.21% 4.58% 7.90% -3.38% 12.85% 8.71% 7.05% -10.51% 7.50%
Quartile Ranking 4 2 2 2 4 2 2 2 4 1
Category Rank 13/ 15 8/ 16 8/ 16 6/ 20 20/ 22 9/ 23 6/ 23 11/ 23 20/ 24 3/ 24

Best Calendar Return (Last 10 years)

14.83% (2019)

Worst Calendar Return (Last 10 years)

-13.44% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 29.12
US Equity 18.11
Canadian Equity 15.55
Canadian Government Bonds 14.29
Canadian Bonds - Other 13.93
Other 9.00

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 34.54
Technology 13.35
Financial Services 11.71
Consumer Services 5.17
Healthcare 4.89
Other 30.34

Geographic Allocation

Geographic Allocation
Name Percent
North America 70.46
Europe 14.65
Asia 10.28
Multi-National 2.52
Latin America 1.51
Other 0.58

Top Holdings

Top Holdings
Name Percent
Sov Bd Idx H MA - Ser O -
Fidelity Canadian Bond Fund Series O -
Fidelity Insights Investment Trust Series O -
Fidelity Emerging Markets Fund Series B -
Fidelity Canadian Disciplined Equity Fund Ser O -
Fidelity International Equity M-Asset Base Fd O -
Fidelity International Equity Investment Trust O -
Fidelity True North Fund Series B -
Fidelity Cdn Govt LgBondIdx Multi-Asset Base OC$ -
Fidelity American Disciplined Equity Fund O -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity ClearPath 2030 Portfolio Series B

Median

Other - 2030 Target Date

3 Yr Annualized

Standard Deviation 10.00% 10.35% 8.51%
Beta 0.91% 0.97% 0.87%
Alpha -0.03% -0.02% -0.02%
Rsquared 0.94% 0.93% 0.89%
Sharpe 0.05% 0.36% 0.51%
Sortino 0.02% 0.38% 0.47%
Treynor 0.01% 0.04% 0.05%
Tax Efficiency 76.59% 83.54% 84.55%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.62% 10.00% 10.35% 8.51%
Beta 0.95% 0.91% 0.97% 0.87%
Alpha -0.05% -0.03% -0.02% -0.02%
Rsquared 0.92% 0.94% 0.93% 0.89%
Sharpe 0.69% 0.05% 0.36% 0.51%
Sortino 1.65% 0.02% 0.38% 0.47%
Treynor 0.06% 0.01% 0.04% 0.05%
Tax Efficiency 94.48% 76.59% 83.54% 84.55%

Fundata ESG Metrics

Fundata ESG Score

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.

Fundata E Score

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.

Fundata S Score

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.

Fundata G Score

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.

Fund Details

Start Date November 03, 2005
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $547

Fund Codes

FundServ Code Load Code Sales Status
FID730

Investment Objectives

Aims to achieve high total investment return. The Portfolio uses a dynamic asset allocation strategy and invests primarily in underlying funds. These underlying funds generally invest in equity securities, fixed income securities and/or money market instruments. From inception, through to its target date in 2030 and for a period of approximately 20 years thereafter, an increasing proportion of the Portfolio’s assets are invested in securities of fixed income funds and money market funds.

Investment Strategy

To meet the Portfolio’s objectives, the portfolio management team: Invests primarily in underlying funds, including other Fidelity Funds and ETFs. Follows a neutral mix guideline of approximately 64% equity, and 36% fixed income. Depending on market conditions, may vary the asset mix by up to +/-10% from the neutral mix if it believes this produces the best overall return.

Portfolio Manager(s)

Name Start Date
Bruno Crocco 11-03-2005
Brett F. Sumsion 11-03-2005
Andrew Dierdorf 11-03-2005
Fidelity International Limited 11-11-2008
Pyramis Global Advisors LLC 11-11-2008
Fidelity Investments Money Management Inc. 11-11-2008
State Street Global Advisors Ltd. 11-11-2008
Pyramis Global Advisors Trust Company 11-11-2008
Pyramis Canada ULC 11-11-2008

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.21%
Management Fee 1.75%
Load Front Fee Only
FE Max 1.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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