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 30-Sep-2017

1 month 0.66% 3
3 month -0.11% 3
6 month 0.17% 3
1 year 1.24% 4
2 year 4.16% 4
3 year 4.90% 3
5 year 7.26% 2
7 year 6.25%
10 year 4.38% 2
YTD 2.33% 4
Since Inception 4.05%

Calendar year performance – as at 30-Sep-2017

Calendar year performance – as at 30-Sep-2017

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

Growth of $10,000 since inception³ – as at 31-Aug-2017
Fund risk measures – as at 30-Sep-2017
Annual Standard Deviation 6.21
Beta 1.12

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

$12.03 – as at 18-Oct-2017

Series inception date


Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$1.074 billion
as at 30-Sep-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

Approximate target allocation
as at 31-Aug-2017
Canadian Equity Funds 30.9%
Fidelity Canadian Disciplined Equity Fund 9.3%
Fidelity True North Fund 8.6%
Fidelity Canadian Large Cap Fund 7.4%
Fidelity Canadian Growth Company Fund 3.1%
Fidelity Canadian Opportunities Fund 2.5%
High-Yield Bond Funds 4.1%
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 17.4%
Fidelity Emerging Markets Fund 6.8%
Fidelity International Growth Investment Trust - Series O 5.0%
Fidelity International Equity Investment Trust - Series O 2.4%
Intrns Val Inv Tr - Ser O Fund 1.2%
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 26.2%
Fidelity Global Bond Fund - Series O 13.4%
Fidelity Canadian Bond Fund 12.8%
Short-Term Investment Funds 13.6%
Net other assets 4.1%
Fidelity Canadian Short Term Fixed Income Investment Trust 2.5%
Energy Select Sector SPDR ETF 2.4%
iShares MSCI EAFE ETF 2.2%
Fid Ins Invst - Ser O Fund 2.0%
Cad RR Bnd Indx - Ser O Fund 2.0%
Fidelity Canadian Money Market Fund 1.0%
Overnight cash/Repurchase agreements 0.4%
Futures Collateral 0.2%
Canadian Dollar -0.0%
U.S. dollar -0.0%
S&P500 EMINI FUT SEP17 ESU7 Fund -4.3%
U.S. Equity Funds 7.9%
Fidelity U.S. All Cap Fund - Series O 3.8%
Fidelity U.S. Focused Stock Fund - Series O 3.6%
Fidelity Small Cap America Fund 0.5%