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-Apr-2016

PERIOD Fund
1 month -0.48% 4
3 month -0.15% 4
6 month -0.71% 4
1 year -1.53% 4
2 year 2.55% 3
3 year 3.92% 2
5 year 3.97% 3
7 year 5.66%
10 year 3.60% 3
YTD -1.35% 4
Since Inception 3.90%

Calendar year performance – as at 30-Apr-2016

Calendar year performance – as at 30-Apr-2016

Growth of $10,000 since inception³ – as at 30-Apr-2016

Growth of $10,000 since inception³ – as at 30-Apr-2016
Fund risk measures – as at 30-Apr-2016
  Fund
Annual Standard Deviation 3.81
Beta 1.00
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

$13.48 – as at 25-May-2016

Series inception date

03-Nov-2005

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$138.2 million
as at 30-Apr-2016

Management expense ratio - Series B

2.01% – as at 31-Dec-2015

 
Approximate target allocation
as at 31-Mar-2016
Canadian Equity Funds 14.3%
Fidelity Canadian Disciplined Equity Fund 4.3%
Fidelity Canadian Large Cap Fund 4.3%
Fidelity True North Fund 3.6%
Fid Div Invst Tr Ser O Fund 1.2%
Fidelity Canadian Opportunities Fund 1.0%
High-Yield Bond Funds 5.1%
Fidelity American High Yield Currency Neutral Fund 5.1%
International Equity Funds 14.1%
Fidelity International Disciplined Equity Fund 5.1%
Intl Eq Invstm Tr - Ser O Fund 5.0%
Fidelity Emerging Markets Fund 3.2%
Fidelity International Growth Investment Trust - Series O 0.9%
Investment-Grade Bond Funds 32.5%
Fidelity Canadian Bond Fund 32.5%
Short-Term Investment Funds 20.1%
Fidelity Canadian Short Term Bond Fund 10.1%
Fidelity Canadian Money Market Fund 10.0%
Overnight cash/Repurchase agreements 0.0%
Net other assets -0.1%
U.S. Equity Funds 13.9%
Fidelity American Disciplined Equity Fund 9.7%
US Div Inv Trust - Ser O Fund 2.1%
Fidelity Small Cap America Fund 2.1%
702766.42.0