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 28-Feb-2017

PERIOD Fund
1 month 0.87% 4
3 month 1.13% 4
6 month 1.37% 4
1 year 9.54% 4
2 year 1.10% 4
3 year 4.08% 4
5 year 4.93% 4
7 year 4.52%
10 year 3.65% 3
YTD 0.87% 3
Since Inception 7.86%

Calendar year performance – as at 28-Feb-2017

Calendar year performance – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017
Fund risk measures – as at 28-Feb-2017
  Fund
Annual Standard Deviation 5.10
Beta 0.85
0.82

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

$27.93 – as at 23-Mar-2017

Series inception date

30-Dec-1994

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$5.720 billion
as at 28-Feb-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
Toronto-Dominion Bank  
Royal Bank of Canada  
SUNCOR ENERGY INC  
Constellation Software  
TransCanada Corp.  
Enbridge  
BCE  
Loblaw  
Metro  
Bank of Nova Scotia  
Total number of holdings 1,737
Top 10 holdings aggregate 25.1%
Allocation to funds

Asset Mix
as at 31-Jan-2017

  Current monthLast monthTwo months ago
Canadian Equities 53.0%52.6%53.1%
Canadian Bonds 22.4%20.9%21.4%
Foreign Equities 13.3%12.6%14.4%
Foreign Bonds 3.1%4.3%3.1%
High Yield Bonds 1.7%1.8%1.8%
Other Investments 0.9%0.9%0.8%
Cash & Other 5.6%6.9%5.5%

Equity Sector mix
as at 31-Jan-2017

Financials 20.2%20.0%21.4%
Energy 14.1%14.7%14.7%
Materials 10.2%9.1%9.1%
Consumer Staples 5.8%5.5%5.6%
Information Technology 4.5%4.3%5.0%
Consumer Discretionary 3.8%3.7%3.5%
Telecommunication Services 3.8%3.6%3.6%
Utilities 1.7%1.6%1.6%
Real Estate 1.5%1.5%1.5%
Health Care 1.1%1.3%
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