Fidelity Monthly Income Fund

Investment Strategy

The best of income and growth

Fidelity Monthly Income Fund offers a unique combination of high yielding equity and fixed-income securities, actively managed to aim to deliver a balance of income and growth.

Performance

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 28-Feb-2017

PERIOD Fund
1 month 0.92% 4
3 month 1.15% 4
6 month 0.41% 4
1 year 7.38% 4
2 year 2.23% 3
3 year 4.59% 3
5 year 6.41% 2
7 year 7.05%
10 year 5.66% 1
YTD 0.67% 4
Since Inception 7.44%

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 3.73
Beta 0.57
0.65

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

$16.84 – as at 23-Mar-2017

Series inception date

06-Nov-2003

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$14.026 billion
as at 28-Feb-2017

Management expense ratio - Series B

2.07% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
Toronto-Dominion Bank  
Rogers Communication, Cl. B, Non Vtg  
TransCanada Corp.  
Telus  
iShares TIPS Bond ETF  
WHITEWAVE FOODS CO CL A  
SNC-Lavalin Group  
CST Brands  
Fairfax Financial Holdings, Sub Vtg  
Metro  
CGI, Cl. A, Sub Vtg  
Total number of holdings 2,451
Top 10 holdings aggregate 11.3%
Allocation to funds

Asset Mix
as at 31-Jan-2017

  Current monthLast monthTwo months ago
Canadian Bonds 26.0%25.6%26.0%
Canadian Equities 23.5%23.5%23.4%
Foreign Bonds 13.4%13.4%12.0%
Foreign Equities 8.7%9.4%11.3%
High Yield Bonds 8.7%8.9%9.0%
Convertibles 4.2%4.2%4.2%
Investment Grade CMBS 1.2%1.2%1.2%
Other Investments 0.5%0.5%0.5%
Cash & Other 13.9%13.2%12.4%

Top historical sector mix (%)
as at 31-Jan-2017

Financials 6.0%6.1%7.1%
Energy 4.8%5.0%4.9%
Information Technology 4.6%4.4%5.3%
Telecommunication Services 4.5%4.3%4.1%
Consumer Staples 4.1%4.4%4.5%
Health Care 2.6%2.7%2.9%
Consumer Discretionary 2.6%2.6%2.6%
Industrials 2.4%2.4%2.4%
Real Estate 2.1%2.2%2.1%
Utilities 1.4%1.7%1.7%
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