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-Mar-2017

1 month 0.07% 4
3 month 1.47% 4
6 month 0.73% 4
1 year 7.38% 3
2 year 1.29% 4
3 year 5.37% 2
5 year 7.20% 2
7 year 6.79%
10 year 5.42% 2
YTD 1.47% 4
Since Inception 7.71%

Calendar year performance – as at 31-Mar-2017

Calendar year performance – as at 31-Mar-2017

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

Growth of $10,000 since inception³ – as at 31-Mar-2017
Fund risk measures – as at 31-Mar-2017
Annual Standard Deviation 6.11
Beta 0.98

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

$23.05 – as at 26-Apr-2017

Series inception date


Fund benchmark

Blended index

Fund aggregate assets (all series)

$7.379 billion
as at 31-Mar-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 28-Feb-2017

  Current monthLast monthTwo months ago
Canadian Equities 41.3%42.0%43.2%
Canadian Bonds 36.7%37.1%36.8%
Foreign Equities 8.9%8.2%7.6%
High Yield Bonds 7.4%7.2%7.3%
Foreign Bonds 3.6%3.8%3.6%
Other Investments 0.1%0.1%0.1%
Cash & Other 2.0%1.7%1.3%

Equity Sector mix
as at 28-Feb-2017

Financials 18.3%18.7%18.6%
Energy 8.6%9.4%10.7%
Materials 8.0%8.0%6.6%
Industrials 6.2%5.8%5.9%
Consumer Discretionary 4.0%3.6%3.6%
Information Technology 3.5%3.2%3.2%