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

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 31-Jan-2017

PERIOD Fund
1 month -0.23% 3
3 month -0.72% 4
6 month -0.42% 4
1 year 7.37% 3
2 year 1.89% 4
3 year 5.81% 2
5 year 7.01% 2
7 year 7.22%
10 year 5.38% 2
YTD -0.23% 3
Since Inception 7.69%

Calendar year performance – as at 31-Jan-2017

Calendar year performance – as at 31-Jan-2017

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

Growth of $10,000 since inception³ – as at 31-Jan-2017
Fund risk measures – as at 31-Jan-2017
  Fund
Annual Standard Deviation 6.21
Beta 0.99
0.59

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

$22.74 – as at 24-Feb-2017

Series inception date

29-Sep-1998

Fund benchmark

Blended index

Fund aggregate assets (all series)

$7.282 billion
as at 31-Jan-2017

Management expense ratio - Series B

2.07% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
Royal Bank of Canada  
Toronto-Dominion Bank  
RESTAURANT BRANDS INTRNTNL INC  
Bank of Nova Scotia  
Canadian Pacific Railway  
Enbridge  
Sun Life Financial  
Canadian Natural Resources  
WASTE CONNECTIONS INC  
BROOKFIELD ASSET INC VTG CL A  
Total number of holdings 991
Top 10 holdings aggregate 25.0%
Allocation to funds

Asset Mix
as at 31-Dec-2016

  Current monthLast monthTwo months ago
Canadian Equities 43.2%43.8%42.8%
Canadian Bonds 36.8%36.6%37.0%
Foreign Equities 7.6%6.7%5.8%
High Yield Bonds 7.3%7.2%7.8%
Foreign Bonds 3.6%3.7%4.0%
Other Investments 0.1%0.1%0.1%
Cash & Other 1.3%1.8%2.6%

Equity Sector mix
as at 31-Dec-2016

Financials 18.6%17.6%12.9%
Energy 10.7%10.8%10.7%
Materials 6.6%6.6%5.7%
Industrials 5.9%5.4%4.8%
Consumer Discretionary 3.6%3.6%4.0%
Information Technology 3.2%3.3%2.5%
Consumer Staples 2.0%
Telecommunication Services 1.9%
Utilities 1.9%
Real Estate 1.2%
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