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-May-2017

1 month 0.09% 3
3 month 3.79% 2
6 month 5.71% 3
1 year 7.68% 4
2 year 3.95% 3
3 year 6.42% 2
5 year 8.69% 2
7 year 7.57%
10 year 4.54% 2
YTD 5.15% 3
Since Inception 4.47%

Calendar year performance – as at 31-May-2017

Calendar year performance – as at 31-May-2017

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

Growth of $10,000 since inception³ – as at 31-May-2017
Fund risk measures – as at 31-May-2017
Annual Standard Deviation 5.91
Beta 1.07

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

$12.12 – as at 21-Jun-2017

Series inception date


Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$1.083 billion
as at 31-May-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

Approximate target allocation
as at 30-Apr-2017
Canadian Equity Funds 34.0%
Fidelity Canadian Disciplined Equity Fund 9.9%
Fidelity True North Fund 9.5%
Fidelity Canadian Large Cap Fund 8.8%
Fidelity Canadian Growth Company Fund 3.0%
Fidelity Canadian Opportunities Fund 2.8%
High-Yield Bond Funds 4.3%
Fidelity American High Yield Fund - Series O 1.5%
Fidelity Floating Rate High Income Investment Trust - Series O 1.4%
Fidelity Convertible Securities Investment Trust - Series O 1.3%
International Equity Funds 16.3%
Fidelity Emerging Markets Fund 6.8%
Fidelity International Growth Investment Trust - Series O 3.9%
Fidelity International Equity Investment Trust - Series O 2.5%
Intrns Val Inv Tr - Ser O Fund 1.0%
VanEck Vectors Gold Miners ETF 0.9%
Fidelity Global Real Estate Fund 0.9%
Fidelity Frontier Emerging Markets Fund - Series O 0.3%
Investment-Grade Bond Funds 27.0%
Fidelity Canadian Bond Fund 14.6%
Fidelity Global Bond Fund - Series O 12.5%
Short-Term Investment Funds 8.5%
Net other assets 5.4%
Fidelity Canadian Short Term Fixed Income Investment Trust 3.6%
iShares MSCI EAFE ETF 3.0%
Energy Select Sector SPDR ETF 1.2%
Overnight cash/Repurchase agreements 0.5%
Futures Collateral 0.2%
E-Mini S&P 500 Futures -5.5%
U.S. Equity Funds 9.9%
Fidelity U.S. All Cap Fund - Series O 4.9%
Fidelity U.S. Focused Stock Fund - Series O 4.5%
Fidelity Small Cap America Fund 0.5%