Fidelity Balanced Portfolio

Investment Strategy

The Portfolio aims to achieve a high total investment return and uses a balanced approach. It invests primarily in underlying funds that generally invest in Canadian equity and fixed-income securities.


Performance for this series is not available at this time.


Annual compound performance – as at 31-Jan-2017

1 month -0.65% 4
3 month -1.45% 4
6 month -1.15% 4
1 year 4.03% 4
2 year 1.68% 4
3 year 5.38% 2
5 year 7.29% 2
7 year 6.88%
10 year
YTD -0.65% 4
Since Inception 4.02%

Calendar year performance – as at 31-Jan-2017

Calendar year performance – as at 31-Jan-2017

Growth of $10,000 since inception³ – as at 31-Jan-2017

Growth of $10,000 since inception³ – as at 31-Jan-2017
Fund risk measures – as at 31-Jan-2017
Annual Standard Deviation 5.84
Beta 1.05

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.

PM - Stein Wolf - A team approach to asset allocation - EN
Lipper Awards 2016

Fund facts

NAVPU – Series B

$11.74 – as at 24-Feb-2017

Series inception date


Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$969.9 million
as at 31-Jan-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

Approximate target allocation
as at 31-Dec-2016
Canadian Equity Funds 37.2%
Fidelity Canadian Disciplined Equity Fund 11.5%
Fidelity True North Fund 10.7%
Fidelity Canadian Large Cap Fund 10.6%
Fidelity Canadian Opportunities Fund 2.9%
Can Growth Co - Ser O Fund 1.5%
High-Yield Bond Funds 4.3%
Fidelity American High Yield Fund - Series O 1.5%
Fidelity Floating Rate High Income Investment Trust – Series O 1.5%
Fidelity Convertible Securities Investment Trustt - Series O 1.3%
International Equity Funds 13.0%
Fidelity Emerging Markets Fund 5.9%
Fidelity International Growth Investment Trust - Series O 2.6%
Intl Eq Invstm Tr - Ser O Fund 2.4%
Fidelity Global Real Estate Fund 0.9%
Fidelity Frontier Emerging Markets Fund - Series O 0.3%
Investment-Grade Bond Funds 29.3%
Fidelity Canadian Bond Fund 14.8%
Fidelity Global Bond Fund - Series O 12.5%
US Bd Invstm Trst - Ser O Fund 2.0%
Short-Term Investment Funds 6.0%
Overnight cash/Repurchase agreements 2.6%
Fidelity Canadian Money Market Fund 2.2%
Net other assets -0.2%
U.S. Equity Funds 10.2%
Fidelity U.S. All Cap Fund - Series O 4.9%
Fidelity U.S. Focused Stock Fund - Series O 4.8%
Fidelity Small Cap America Fund 0.6%