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 31-Jul-2017

PERIOD Fund
1 month -0.77% 2
3 month -3.55% 4
6 month -0.06% 4
1 year -0.23% 4
2 year 1.44% 4
3 year 1.75% 4
5 year 5.71% 4
7 year 4.53%
10 year 3.17% 4
YTD -0.05% 3
Since Inception 7.67%

Calendar year performance – as at 31-Jul-2017

Calendar year performance – as at 31-Jul-2017

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

Growth of $10,000 since inception³ – as at 31-Jul-2017
Fund risk measures – as at 31-Jul-2017
  Fund
Annual Standard Deviation 5.17
Beta 0.86
0.78

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

$27.54 – as at 18-Aug-2017

Series inception date

30-Dec-1994

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$5.365 billion
as at 31-Jul-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  
Enbridge  
TransCanada Corp.  
Metro  
Constellation Software  
BCE  
Canadian Natural Resources  
BROOKFIELD ASSET INC VTG CL A  
Total number of holdings 1,472
Top 10 holdings aggregate 24.9%
Allocation to funds

Asset Mix
as at 30-Jun-2017

  Current monthLast monthTwo months ago
Canadian Equities 51.7%50.8%51.9%
Canadian Bonds 22.7%22.7%22.2%
Foreign Equities 12.7%13.2%13.6%
Foreign Bonds 3.3%3.4%3.3%
High Yield Bonds 1.9%1.8%1.8%
Other Investments 0.8%0.8%0.8%
Cash & Other 7.1%7.3%6.5%

Equity Sector mix
as at 30-Jun-2017

Financials 19.5%19.0%19.3%
Energy 14.0%14.3%14.8%
Materials 9.1%9.2%9.6%
Consumer Staples 6.1%6.2%6.4%
Information Technology 4.7%4.6%4.5%
Consumer Discretionary 4.3%4.4%4.7%
Telecommunication Services 4.1%4.1%3.9%
Utilities 2.1%2.0%1.8%
Real Estate 1.8%1.7%1.6%
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