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 30-Jun-2014

  Fund Morningstar
Quartile*§
Benchmark
1 month 0.47% 3 0.77%
3 month 1.17% 4 1.93%
6 month 3.37% 4 4.91%
1 year 8.83% 3 10.81%
2 year 7.20% 2 8.32%
3 year 5.40% 3 6.13%
5 year 6.22% 2 6.92%
7 year 3.43% 4.04%
10 year
YTD 3.37% 4 4.91%
Since Inception 4.24% 5.01%

Calendar year performance – as at 30-Jun-2014

Calendar year performance – as at 30-Jun-2014

Growth of $10,000 since inception³ – as at 30-Jun-2014

Growth of $10,000 since inception³ – as at 30-Jun-2014
Fund risk measures – as at 30-Jun-2014
  Fund Benchmark
Annual Standard Deviation 2.87 3.08
Beta 0.91
0.96

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

$12.85 – as at 23-Jul-2014

Series inception date

03-Nov-2005

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$171.0 million
as at 30-Jun-2014

Management expense ratio - Series B

2.01% – as at 31-Dec-2013

 
Approximate target allocation
as at 31-May-2014
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 5.4%
Fidelity American High Yield Currency Neutral Fund 5.4%
International Equity Funds 9.0%
Fidelity Europe Fund 3.8%
Fidelity International Disciplined Equity Fund 2.2%
Fidelity Far East Fund 1.2%
Fidelity Japan Fund 1.2%
Fidelity Latin America Fund - Series O 0.4%
Investment Grade Bond Funds 30.7%
Fidelity Canadian Bond Fund 30.7%
Real Estate Funds 0.4%
Fidelity Global Real Estate Fund 0.4%
Short-Term Investment Funds 31.8%
Fidelity Canadian Money Market Fund 15.9%
Fidelity Canadian Short Term Bond Fund 15.9%
Net other assets -0.1%
U.S. Equity Funds 9.0%
Fidelity American Disciplined Equity Fund 6.5%
Fidelity Small Cap America Fund 1.3%
American Equity - Ser O Fund 1.2%
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