Fidelity Global 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 global 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 0.64% 3
3 month -0.03% 3
6 month 0.80% 2
1 year 2.21% 4
2 year 4.54% 4
3 year 6.07% 2
5 year 8.22% 1
7 year 6.95%
10 year 4.47% 2
YTD 3.87% 2
Since Inception 3.97%

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 7.67
Beta 1.16

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

$13.09 – as at 18-Oct-2017

Series inception date


Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$1.953 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 14.9%
Fidelity Canadian Disciplined Equity Fund 3.8%
Fidelity Canadian Large Cap Fund 3.3%
Fidelity True North Fund 3.2%
Fidelity Canadian Growth Company Fund 3.1%
Fidelity Canadian Opportunities Fund 1.5%
High-Yield Bond Funds 4.6%
Fidelity Global High Yield Investment Trust - Series O 1.5%
Fidelity Floating Rate High Income Investment Trust - Series O 1.4%
Fidelity Convertible Securities Investment Trust - Series O 1.2%
Fidelity Emerging Markets Debt Investment Trust 0.5%
International Equity Funds 26.3%
Fidelity Emerging Markets Fund 8.4%
Fidelity International Growth Investment Trust - Series O 8.1%
Fidelity International Equity Investment Trust - Series O 4.1%
Intrns Val Inv Tr - Ser O Fund 3.6%
VanEck Vectors Gold Miners ETF 0.9%
Fidelity Global Real Estate Fund 0.8%
Fidelity Frontier Emerging Markets Fund - Series O 0.4%
Investment-Grade Bond Funds 28.5%
Fidelity Global Bond Fund - Series O 18.8%
Fidelity Canadian Bond Fund 7.9%
Short-Term Investment Funds 9.8%
Net other assets 3.9%
Energy Select Sector SPDR ETF 2.4%
Fid Ins Invst - Ser O Fund 2.0%
Fidelity Canadian Short Term Fixed Income Investment Trust 1.5%
iShares MSCI EAFE ETF 1.5%
Fidelity Canadian Money Market Fund 1.0%
Overnight cash/Repurchase agreements 0.4%
Futures Collateral 0.1%
U.S. dollar -0.0%
S&P500 EMINI FUT SEP17 ESU7 Fund -4.0%
U.S. Equity Funds 15.9%
Fidelity U.S. All Cap Fund - Series O 7.9%
Fidelity U.S. Focused Stock Fund - Series O 7.3%
Fidelity Small Cap America Fund 0.7%