Fidelity Canadian Balanced Fund

Investment Strategy

Fidelity Canadian Balanced Fund targets fixed asset allocation to deliver superior long-term growth potential and reduced levels of risk in a core fund.


Performance for this series is not available at this time.


Annual compound performance – as at 31-May-2017

1 month 0.39% 1
3 month 2.03% 3
6 month 3.62% 3
1 year 7.26% 3
2 year 2.51% 4
3 year 5.71% 2
5 year 7.98% 2
7 year 7.27%
10 year 5.30% 1
YTD 3.46% 3
Since Inception 7.75%

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 6.14
Beta 0.99

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

Fund facts

NAVPU – Series B

$22.93 – as at 21-Jun-2017

Series inception date


Fund benchmark

Blended index

Fund aggregate assets (all series)

$7.450 billion
as at 31-May-2017

Management expense ratio - Series B

2.07% – as at 30-Jun-2016

Quarterly Top Ten Holdings
Royal Bank of Canada  
Toronto-Dominion Bank  
Bank of Nova Scotia  
Canadian Pacific Railway  
Canadian Natural Resources  
EOG Resources  
Total number of holdings 1,014
Top 10 holdings aggregate 25.7%
Allocation to funds

Asset Mix
as at 30-Apr-2017

  Current monthLast monthTwo months ago
Canadian Equities 41.7%41.2%41.3%
Canadian Bonds 36.8%36.9%36.7%
High Yield Bonds 7.6%7.5%7.4%
Foreign Equities 7.1%7.7%8.9%
Foreign Bonds 3.8%3.6%3.6%
Other Investments 0.1%0.1%0.1%
Cash & Other 2.9%3.0%2.0%

Equity Sector mix
as at 30-Apr-2017

Financials 14.1%17.4%18.3%
Energy 8.0%8.4%8.6%
Materials 7.6%7.1%8.0%
Industrials 5.8%5.7%6.2%
Consumer Discretionary 5.2%4.4%4.0%
Information Technology 4.2%3.8%3.5%
Consumer Staples 2.3%1.3%