Fidelity Canadian Asset Allocation Fund

Investment Strategy

Fidelity Canadian Asset Allocation Fund offers the flexibility of tactical asset allocation to deliver maximized risk-adjusted return potential in a core fund offering.

Performance

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 30-Sep-2017

PERIOD Fund
1 month 0.60% 4
3 month 0.68% 3
6 month -0.34% 4
1 year 0.91% 4
2 year 4.59% 4
3 year 2.38% 4
5 year 5.29% 4
7 year 4.13%
10 year 3.17% 4
YTD 1.41% 4
Since Inception 7.68%

Calendar year performance – as at 30-Sep-2017

Calendar year performance – as at 30-Sep-2017

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

Growth of $10,000 since inception³ – as at 31-Aug-2017
Fund risk measures – as at 30-Sep-2017
  Fund
Annual Standard Deviation 4.85
Beta 0.84
0.75

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

$28.34 – as at 18-Oct-2017

Series inception date

30-Dec-1994

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$5.327 billion
as at 30-Sep-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
Royal Bank of Canada  
Toronto-Dominion Bank  
SUNCOR ENERGY INC  
TransCanada Corp.  
Canadian Natural Resources  
Metro  
Constellation Software  
RESTAURANT BRANDS INTRNTNL INC  
Loblaw  
BROOKFIELD ASSET INC VTG CL A  
Total number of holdings 1,397
Top 10 holdings aggregate 25.1%
Allocation to funds

Asset Mix
as at 31-Aug-2017

  Current monthLast monthTwo months ago
Canadian Equities 50.7%51.2%51.7%
Canadian Bonds 22.6%22.2%22.6%
Foreign Equities 17.2%14.4%12.7%
Foreign Bonds 3.2%3.1%3.3%
High Yield Bonds 1.2%1.9%1.9%
Other Investments 0.8%0.8%0.8%
Cash & Other 4.3%6.5%7.2%

Equity Sector mix
as at 31-Aug-2017

Financials 21.4%19.5%19.5%
Energy 13.7%14.1%14.0%
Materials 10.0%9.0%9.1%
Consumer Staples 5.5%5.8%6.1%
Information Technology 5.2%5.3%4.7%
Consumer Discretionary 4.4%4.5%4.3%
Telecommunication Services 4.0%4.0%4.1%
Utilities 2.4%2.4%2.1%
Real Estate 2.0%2.2%1.8%
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