Fidelity Balanced Class 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 28-Feb-2017

1 month 1.97% 3
3 month 1.84% 4
6 month 0.73% 4
1 year 8.01% 4
2 year 1.72% 4
3 year 5.12% 3
5 year 7.37% 2
7 year 6.91%
10 year
YTD 1.31% 4
Since Inception 4.16%

Calendar year performance – as at 28-Feb-2017

Calendar year performance – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017
Fund risk measures – as at 28-Feb-2017
Annual Standard Deviation 5.76
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.

Fund facts

NAVPU – Series B

$14.60 – as at 23-Mar-2017

NAVPU – Series B

$10.93 – as at 23-Mar-2017

Series inception date



Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$390.6 million
as at 28-Feb-2017

Management expense ratio - Series B

2.24% – as at 31-May-2016

Approximate target allocation
as at 31-Jan-2017
Canadian Equity Funds 36.4%
Fidelity Canadian Disciplined Equity Fund 10.7%
Fidelity True North Fund 10.0%
Fidelity Canadian Large Cap Fund 9.9%
Can Growth Co - Ser O Fund 3.0%
Fidelity Canadian Opportunities Fund 2.9%
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 Trustt - Series O 1.3%
International Equity Funds 13.3%
Fidelity Emerging Markets Fund 6.1%
Fidelity International Growth Investment Trust - Series O 2.6%
Intl Eq Invstm Tr - Ser O Fund 2.4%
Fidelity Global Real Estate Fund 0.8%
Fidelity Frontier Emerging Markets Fund - Series O 0.3%
Investment-Grade Bond Funds 27.1%
Fidelity Canadian Bond Fund 14.8%
Fidelity Global Bond Fund - Series O 12.3%
Short-Term Investment Funds 8.8%
Fd Cd Sh Trm Fix : Ser O Fund 3.9%
Fidelity Canadian Money Market Fund 2.8%
Overnight cash/Repurchase agreements 0.8%
Net other assets -0.2%
U.S. Equity Funds 10.1%
Fidelity U.S. All Cap Fund - Series O 4.8%
Fidelity U.S. Focused Stock Fund - Series O 4.8%
Fidelity Small Cap America Fund 0.5%