Investment Strategy
The Portfolio aims to achieve a combination of capital gains and income. It invests in underlying Fidelity Funds that invest primarily in a mix of Canadian equity and fixed-income securities.
Fidelity Income Portfolio
Performance
Annual compound performance – as at 31-Dec-2011
| Fund | Morningstar Quartile* |
Benchmark | |
| 1 month | 0.98% | 2 | 1.23% |
| 3 month | 2.85% | 2 | 3.14% |
| 6 month | 0.15% | 3 | 1.16% |
| 1 year | 2.05% | 3 | 4.21% |
| 2 year | 4.94% | 2 | 6.81% |
| 3 year | 9.01% | 2 | 10.81% |
| 5 year | — | — | — |
| 7 year | — | — | — |
| 10 year | — | — | — |
| YTD | 2.05% | 3 | 4.21% |
| Since Inception | 2.01% | — | 3.58% |
Calendar year performance – as at 31-Dec-2011
Growth of $10,000 since inception – as at 31-Jan-2012
Fund risk measures – as at 31-Dec-2011
| Fund | Benchmark | |
| Annual Standard Deviation | 5.65 | 5.99 |
| Beta | 0.94 | — |
| R² | 0.98 | — |
Risk measures are based on 3-year net returns (series B). (All returns are calculated in Canadian currency.)
Volatility meter
The volatility meter uses methodology recommended by the Fund Risk Classification Task Force of the Investment Funds Institute of Canada. The Task Force prescribes risk assessment based on historical volatility risk as measured by the standard deviation of fund performance. The Task Force also acknowledges that other types of measurable and nonmeasurable risk may exist. The Task Force reminds investors that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
View other Fidelity funds in this category:
Fund facts
NAVPU – Series B
$10.06 – as at 06-Feb-2012
Fund inception date
18-Apr-2007
Fund benchmark
Blended Index**
Fund aggregate assets (all series)
$283.9 million
as at 31-Jan-2012
Management expense ratio - Series B
2.09% – as at 30-Jun-2011
Approximate target allocation
as at 31-Dec-2011
| Canadian Equity Funds | 25.3% |
| Fidelity Dividend Fund | 15.2% |
| Fidelity Canadian Discipline Equity Fund | 10.1% |
| High Yield Bond Funds | 10.0% |
| Fidelity American High Yield Currency Neutral Fund | 10.0% |
| International Equity Funds | 10.0% |
| Fidelity Global Dividend Fund | 10.0% |
| Investment Grade Bond Funds | 40.0% |
| Fidelity Canadian Bond Fund | 30.0% |
| Fidelity Global Bond Currency Neutral Fund | 10.0% |
| Real Estate Funds | 5.0% |
| Fidelity Global Real Estate Fund | 5.0% |
| Short-Term Investment Funds | 9.8% |
| Fidelity Canadian Short Term Bond Fund | 10.0% |
| Net other assets | -0.2% |