Fidelity Multi-Sector Bond Currency Neutral Fund Series A
Compare to:
Inception Return
(05-10-2017)
0.70%
YTD Return
-1.19%
NAVPS
(03-27-2024)
$8.62
$0.03
(0.30%)
MER
1.74%
Assets ($mil)
$30
1 Yr Return
2.22%
Registered Plan Eligible
Yes
Load
Back Fee Only
CIFSC Category
Multi-Sector Fixed Income
Share Class
Commission Based Advice
Fund Codes
FID5752(BE), FID5753(LL)
FUNDGRADE
Classification
Mutual
Legal Status
Trust
Sales Status
Open
Currency
CAD
Start Date
May 10, 2017
Distribution Frequency
Monthly
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.
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.
Inception Return
(05-10-2017)
0.70%
YTD Return
-1.19%
FundGrade
NAVPS (03-27-2024)
$8.62
$0.03
/
0.30%
Best Month
4.30%
Worst Month
-6.81%