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 31-May-2017

PERIOD Fund
1 month -0.47% 4
3 month 1.63% 4
6 month 2.80% 4
1 year 4.82% 4
2 year 3.45% 3
3 year 4.44% 3
5 year 6.86% 3
7 year 7.35%
10 year 5.35% 1
YTD 2.32% 4
Since Inception 7.42%

Calendar year performance – as at 31-May-2017

Calendar year performance – as at 31-May-2017

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

Growth of $10,000 since inception³ – as at 31-May-2017
Fund risk measures – as at 31-May-2017
  Fund
Annual Standard Deviation 3.80
Beta 0.58
0.64

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 - Dan Dupont - Dont try to predict the unpredictable - EN

Fund facts

NAVPU – Series B

$17.00 – as at 21-Jun-2017

Series inception date

06-Nov-2003

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$14.283 billion
as at 31-May-2017

Management expense ratio - Series B

2.07% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
Rogers Communication, Cl. B, Non Vtg  
Toronto-Dominion Bank  
TransCanada Corp.  
Telus  
Mead Johnson Nutrition  
BCE  
CST Brands  
WHITEWAVE FOODS CO CL A  
Empire Company  
Open Text  
Total number of holdings 2,489
Top 10 holdings aggregate 12.0%
Allocation to funds

Asset Mix
as at 30-Apr-2017

  Current monthLast monthTwo months ago
Canadian Bonds 25.5%25.6%26.0%
Canadian Equities 24.8%24.6%24.1%
Foreign Bonds 14.3%13.7%13.8%
High Yield Bonds 8.9%8.8%8.7%
Foreign Equities 8.4%8.2%9.3%
Convertibles 4.4%4.5%4.4%
Investment Grade CMBS 1.2%1.2%1.2%
Other Investments 0.5%0.5%0.5%
Cash & Other 12.0%13.0%12.0%

Top historical sector mix (%)
as at 30-Apr-2017

Financials 6.4%6.6%5.9%
Information Technology 5.4%4.9%4.4%
Energy 5.1%5.2%5.0%
Consumer Staples 4.9%5.4%4.5%
Telecommunication Services 4.5%4.3%4.6%
Consumer Discretionary 2.8%2.8%3.4%
Health Care 2.5%2.2%2.7%
Real Estate 2.4%2.4%2.5%
Industrials 1.9%1.9%2.1%
Utilities 1.5%1.5%1.4%
702766.67.0