Fidelity ClearPath® 2010 Portfolio

Investment Strategy

The objective of the portfolio is to seek high total return, primarily through investments in a combination of underlying Fidelity Funds using a roll-down asset allocation strategy until its target retirement date. Thereafter the portfolio's objective will be to seek current income and, as a secondary objective, capital appreciation.

Performance

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 31-Mar-2015

PERIOD Fund
1 month -0.17% 1
3 month 4.39% 2
6 month 6.45% 2
1 year 8.31% 2
2 year 7.82% 2
3 year 6.94% 2
5 year 6.01% 3
7 year 4.51%
10 year
YTD 4.39% 2
Since Inception 4.65%

Calendar year performance – as at 31-Mar-2015

Calendar year performance – as at 31-Mar-2015

Growth of $10,000 since inception³ – as at 31-Mar-2015

Growth of $10,000 since inception³ – as at 31-Mar-2015
Fund risk measures – as at 31-Mar-2015
  Fund
Annual Standard Deviation 2.91
Beta 0.95
0.95

Risk measures are based on 3-year net returns (series B). (All returns are calculated in Canadian currency.) 

Volatility meter

Low to Medium

A fund’s volatility is determined using a statistical measure called “standard deviation". Standard deviation measures the amount of variability of returns that has historically occurred relative to the average return. The higher the standard deviation of a fund, the greater the range of returns it has experienced in the past. Other types of risk, both measurable and non-measurable, exist. In addition, just as historical performance may not be indicative of future returns, a fund’s historical volatility may not be indicative of its future volatility.

Fund facts

NAVPU – Series B

$13.48 – as at 04-May-2015

Series inception date

03-Nov-2005

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$156.5 million
as at 30-Apr-2015

Management expense ratio - Series B

2.00% – as at 31-Dec-2014

 
Approximate target allocation
as at 31-Mar-2015
Canadian Equity Funds 13.8%
Fidelity True North Fund 4.4%
Fidelity Canadian Disciplined Equity Fund 4.4%
Fidelity Canadian Large Cap Fund 4.0%
Fidelity Canadian Opportunities Fund 1.0%
High-Yield Bond Funds 5.3%
Fidelity American High Yield Currency Neutral Fund 5.3%
International Equity Funds 8.7%
Fidelity Europe Fund 3.7%
Fidelity International Disciplined Equity Fund 2.2%
Fidelity Far East Fund 1.2%
Fidelity Japan Fund 1.1%
Fidelity Latin America Fund - Series O 0.4%
Investment-Grade Bond Funds 30.8%
Fidelity Canadian Bond Fund 30.8%
Real Estate Funds 0.4%
Fidelity Global Real Estate Fund 0.4%
Short-Term Investment Funds 32.2%
Fidelity Canadian Short Term Bond Fund 16.1%
Fidelity Canadian Money Market Fund 16.1%
Net other assets -0.1%
U.S. Equity Funds 8.7%
Fidelity American Disciplined Equity Fund 6.3%
Fidelity Small Cap America Fund 1.3%
American Equity - Ser O Fund 1.2%
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