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 for this series is not available at this time.


Annual compound performance – as at 31-Mar-2017

1 month 0.87% 3
3 month 1.75% 4
6 month 1.25% 4
1 year 7.85% 4
2 year 2.03% 4
3 year 4.13% 4
5 year 5.36% 4
7 year 4.30%
10 year 3.69% 3
YTD 1.75% 4
Since Inception 7.88%

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 5.11
Beta 0.85

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

$28.59 – as at 26-Apr-2017

Series inception date


Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$5.686 billion
as at 31-Mar-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

Quarterly Top Ten Holdings
Royal Bank of Canada  
Toronto-Dominion Bank  
Constellation Software  
Canadian Natural Resources  
TransCanada Corp.  
Total number of holdings 1,458
Top 10 holdings aggregate 25.7%
Allocation to funds

Asset Mix
as at 28-Feb-2017

  Current monthLast monthTwo months ago
Canadian Equities 52.6%53.0%52.6%
Canadian Bonds 22.6%22.4%20.9%
Foreign Equities 13.6%13.3%12.6%
Foreign Bonds 3.1%3.1%4.3%
High Yield Bonds 1.8%1.7%1.8%
Other Investments 0.9%0.9%0.9%
Cash & Other 5.4%5.6%6.9%

Equity Sector mix
as at 28-Feb-2017

Financials 19.5%20.2%20.0%
Energy 14.7%14.1%14.7%
Materials 10.0%10.2%9.1%
Consumer Staples 5.9%5.8%5.5%
Information Technology 4.6%4.5%4.3%
Consumer Discretionary 4.2%3.8%3.7%
Telecommunication Services 3.7%3.8%3.6%
Utilities 1.7%1.7%1.6%
Real Estate 1.6%1.5%1.5%
Health Care 1.1%