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-Jan-2016

PERIOD Fund
1 month -1.20%
3 month -0.56%
6 month -2.99%
1 year -1.49%
2 year 3.33%
3 year 4.87%
5 year 4.18%
7 year 6.38%
10 year 3.68%
YTD -1.20%
Since Inception 4.01%

Calendar year performance – as at 31-Jan-2016

Calendar year performance – as at 31-Jan-2016

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

Growth of $10,000 since inception³ – as at 31-Dec-2015
Fund risk measures – as at 31-Jan-2016
  Fund
Annual Standard Deviation 3.63
Beta 0.99
0.94

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

$13.01 – as at 09-Feb-2016

Series inception date

03-Nov-2005

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$141.5 million
as at 31-Jan-2016

Management expense ratio - Series B

2.00% – as at 30-Jun-2015

 
Approximate target allocation
as at 31-Dec-2015
Canadian Equity Funds 13.6%
Fidelity True North Fund 4.4%
Fidelity Canadian Disciplined Equity Fund 4.3%
Fidelity Canadian Large Cap Fund 4.0%
Fidelity Canadian Opportunities Fund 0.9%
High-Yield Bond Funds 5.0%
Fidelity American High Yield Currency Neutral Fund 5.0%
International Equity Funds 8.9%
Fidelity Europe Fund 3.8%
Fidelity International Disciplined Equity Fund 2.2%
Fidelity Far East Fund 1.2%
Fidelity Japan Fund 1.2%
Fidelity Frontier Emerging Markets Fund - Series O 0.4%
Investment-Grade Bond Funds 31.0%
Fidelity Canadian Bond Fund 31.0%
Real Estate Funds 0.5%
Fidelity Global Real Estate Fund 0.5%
Short-Term Investment Funds 32.2%
Fidelity Canadian Short Term Bond Fund 16.2%
Fidelity Canadian Money Market Fund 16.2%
Net other assets -0.2%
U.S. Equity Funds 8.9%
Fidelity American Disciplined Equity Fund 6.4%
Fidelity Small Cap America Fund 1.3%
Fidelity American Equity Fund - Series O 1.2%
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