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Fidelity Multi-Alt Balanced Fund Series B

Alternative Multi-Stratgy

NAVPS
(05-26-2026)
$10.01
Change
-$0.01 (-0.07%)

As at April 30, 2026

No data available


Fund Returns

Inception Return (May 13, 2026): -

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 - - - - - - - - - - - - - -
Benchmark 3.81% 7.00% 13.54% 7.89% 40.10% 28.50% 21.54% 16.52% 15.51% 18.30% 14.14% 13.56% 12.35% 12.61%
Category Average 2.84% 2.00% 5.46% 4.12% 14.94% 7.85% 6.97% 5.01% 3.94% 5.44% 4.28% - - -
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund - - - - - - - - - - - -
Benchmark 5.56% 2.91% 1.69% 4.96% 5.40% 0.97% 3.86% 1.32% 0.84% 7.72% -4.32% 3.81%

Best Monthly Return Since Inception

-

Worst Monthly Return Since Inception

-

Calendar Return (%)

Calendar Return
Return % 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Fund - - - - - - - - - -
Benchmark 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65% 31.68%
Category Average - - - - 4.04% 6.86% -5.49% 4.47% 5.04% 9.01%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date May 13, 2026
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
FID8084

Investment Objectives

The Fund aims to provide long-term capital appreciation. It invests primarily in long and short positions of equity and fixed income securities of issuers anywhere in the world. The Fund can invest in these securities either directly or indirectly through investments in underlying funds. These underlying funds are alternative mutual funds. The Fund may use leverage through the use of short selling of up to 100% of its net asset value and by investing in derivatives. The Fund's gross exposure sha

Investment Strategy

To meet the Fund's objectives, the portfolio management team: Invests primarily in a combination of underlying funds that blends alternative investment strategies and aims to reduce overall volatility and correlation to major equity and fixed income markets. Currently, the underlying funds are Fidelity Long/Short Alternative Fund, Fidelity Canadian Long/Short Alternative Fund, Fidelity Global Opportunities Long/Short Fund, Fidelity Global Value Long/Short Fund, Fidelity Market Neutral Alternativ

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Andrew Marchese
Sub-Advisor

-

Management and Organization

Fund Manager

Fidelity Investments Canada ULC

Custodian

-

Registrar

-

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER -
Management Fee 2.00%
Load Back Fee Only
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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