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Canadian Equity Balanced
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Click for more information on Fundata’s ESG Grade
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|
NAVPS (10-10-2024) |
$14.36 |
|---|---|
| Change |
$0.02
(0.16%)
|
As at September 30, 2024
As at June 30, 2024
As at July 31, 2024
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Inception Return (April 18, 2007): 4.73%
| 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 | 2.29% | 4.97% | 3.83% | 9.16% | 17.73% | 11.71% | 5.35% | 8.00% | 6.92% | 7.13% | 6.61% | 5.91% | 6.21% | 5.39% |
| Benchmark | 2.82% | 9.03% | 8.88% | 13.90% | 23.19% | 14.68% | 7.16% | 10.09% | 8.46% | 8.37% | 7.86% | 7.63% | 8.13% | 6.74% |
| Category Average | 2.13% | 6.35% | 6.35% | 11.15% | 19.44% | 12.85% | 5.71% | 8.44% | 6.74% | 6.31% | 5.96% | 5.85% | 6.24% | 5.32% |
| Category Rank | 152 / 373 | 318 / 372 | 363 / 370 | 332 / 369 | 315 / 369 | 299 / 367 | 235 / 359 | 250 / 355 | 179 / 329 | 119 / 316 | 124 / 296 | 175 / 271 | 169 / 253 | 158 / 247 |
| Quartile Ranking | 2 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 3 | 3 | 3 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.29% | 5.77% | 3.31% | 0.60% | 2.00% | 2.46% | -2.27% | 2.36% | -1.12% | 3.55% | -0.91% | 2.29% |
| Benchmark | -2.30% | 6.66% | 3.79% | 0.07% | 1.27% | 3.22% | -1.85% | 2.08% | -0.32% | 4.94% | 1.05% | 2.82% |
8.19% (May 2009)
-10.78% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.79% | -0.77% | 7.06% | 4.90% | -3.97% | 13.90% | 7.83% | 15.74% | -7.74% | 10.23% |
| 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 | 72/ 225 | 152/ 251 | 217/ 260 | 205/ 272 | 69/ 301 | 245/ 321 | 121/ 329 | 169/ 355 | 197/ 363 | 145/ 367 |
15.74% (2021)
-7.74% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 59.10 |
| US Equity | 14.50 |
| Foreign Government Bonds | 8.50 |
| Canadian Government Bonds | 4.63 |
| Cash and Equivalents | 3.79 |
| Other | 9.48 |
| Name | Percent |
|---|---|
| Fixed Income | 17.45 |
| Financial Services | 16.09 |
| Basic Materials | 12.26 |
| Industrial Services | 10.40 |
| Energy | 9.78 |
| Other | 34.02 |
| Name | Percent |
|---|---|
| North America | 91.98 |
| Asia | 4.28 |
| Europe | 3.11 |
| Latin America | 1.54 |
| Africa and Middle East | 0.55 |
| Other | -1.46 |
| Name | Percent |
|---|---|
| iShares 20 Plus Year Treasury Bond ETF (TLT) | - |
| Constellation Software Inc | - |
| Canadian Natural Resources Ltd | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| Royal Bank of Canada | - |
| Canadian National Railway Co | - |
| Teck Resources Ltd Cl B | - |
| Canadian Pacific Railway Ltd | - |
| Dollarama Inc | - |
| Franco-Nevada Corp | - |
Fidelity Canadian Asset Allocation Class Series B
Median
Other - Canadian Equity Balanced
| Standard Deviation | 10.03% | 10.72% | 8.42% |
|---|---|---|---|
| Beta | 0.87% | 0.83% | 0.81% |
| Alpha | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.96% | 0.97% | 0.94% |
| Sharpe | 0.24% | 0.47% | 0.48% |
| Sortino | 0.41% | 0.57% | 0.45% |
| Treynor | 0.03% | 0.06% | 0.05% |
| Tax Efficiency | 67.99% | 80.12% | 76.89% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.33% | 10.03% | 10.72% | 8.42% |
| Beta | 0.85% | 0.87% | 0.83% | 0.81% |
| Alpha | -0.01% | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.89% | 0.96% | 0.97% | 0.94% |
| Sharpe | 1.44% | 0.24% | 0.47% | 0.48% |
| Sortino | 3.97% | 0.41% | 0.57% | 0.45% |
| Treynor | 0.14% | 0.03% | 0.06% | 0.05% |
| Tax Efficiency | 95.76% | 67.99% | 80.12% | 76.89% |
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 | April 18, 2007 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $81 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID1230 |
The Fund aims to achieve high total investment return. 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 high total investment return. It uses an asset allocation approach and invests primarily in a mix of Canadian equity securities, fixed income securities and money market instruments.
The strategies described below relate to the Fund and the underlying fund, Fidelity Canadian Asset Allocation Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: 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.
| Name | Start Date |
|---|---|
| Don Newman | 03-11-2009 |
| Geoffrey D. Stein | 03-25-2011 |
| Hugo Lavallee | 03-25-2011 |
| Darren Lekkerkerker | 04-01-2011 |
| Catriona Martin | 04-01-2011 |
| Joe Overdevest | 04-01-2011 |
| David D. Wolf | 09-03-2013 |
| Sri Tella | 03-22-2017 |
| Harley Lank | 03-22-2017 |
| Michael Weaver | 03-22-2017 |
| Fund Manager | Fidelity Investments Canada ULC |
|---|---|
| Advisor | Fidelity Investments Canada ULC |
| Custodian | State Street Trust Company Canada |
| Registrar | Fidelity Investments Canada ULC |
| Distributor | - |
| 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 | 2.24% |
|---|---|
| Management Fee | 1.85% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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