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-Sep-2014

PERIOD Fund
1 month -0.66% 1
3 month 0.57% 2
6 month 1.75% 4
1 year 7.51% 3
2 year 6.62% 2
3 year 6.60% 2
5 year 5.20% 3
7 year 3.52%
10 year
YTD 3.97% 4
Since Inception 4.18%

Calendar year performance – as at 30-Sep-2014

Calendar year performance – as at 30-Sep-2014

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

Growth of $10,000 since inception³ – as at 30-Sep-2014
Fund risk measures – as at 30-Sep-2014
  Fund
Annual Standard Deviation 2.52
Beta 0.88
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

$12.79 – as at 20-Oct-2014

Series inception date

03-Nov-2005

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$165.0 million
as at 30-Sep-2014

Management expense ratio - Series B

2.01% – as at 31-Dec-2013

 
Approximate target allocation
as at 31-Aug-2014
Canadian Equity Funds 13.9%
Fidelity Canadian Disciplined Equity Fund 4.5%
Fidelity True North Fund 4.5%
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 8.9%
Fidelity Europe Fund 3.8%
Fidelity International Disciplined Equity Fund 2.2%
Fidelity Far East Fund 1.2%
Fidelity Japan Fund 1.1%
Fidelity Latin America Fund - Series O 0.5%
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 31.7%
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 6.4%
Fidelity Small Cap America Fund 1.4%
American Equity - Ser O Fund 1.2%
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