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 for this series is not available at this time.


Annual compound performance – as at 31-Jul-2017

1 month -0.89% 2
3 month -2.34% 3
6 month 0.64% 3
1 year 0.41% 4
2 year 2.49% 3
3 year 3.44% 3
5 year 6.16% 3
7 year 6.74%
10 year 5.38% 1
YTD 0.39% 4
Since Inception 7.18%

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
Annual Standard Deviation 3.94
Beta 0.61

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

$16.70 – as at 18-Aug-2017

Series inception date


Fund benchmark

Blended index**

Fund aggregate assets (all series)

$13.891 billion
as at 31-Jul-2017

Management expense ratio - Series B

2.07% – as at 30-Jun-2016

Quarterly Top Ten Holdings
Rogers Communication, Cl. B, Non Vtg  
TransCanada Corp.  
Toronto-Dominion Bank  
SPDR Gold Trust ETF  
Empire Company  
CGI, Cl. A, Sub Vtg  
Hydro One  
Fairfax Financial Holdings, Sub Vtg  
Total number of holdings 2,461
Top 10 holdings aggregate 11.9%
Allocation to funds

Asset Mix
as at 30-Jun-2017

  Current monthLast monthTwo months ago
Canadian Bonds 27.0%26.9%25.5%
Canadian Equities 23.8%24.3%24.8%
Foreign Bonds 13.3%12.5%14.3%
High Yield Bonds 8.9%8.8%8.9%
Foreign Equities 7.4%8.3%8.4%
Convertibles 4.1%4.2%4.4%
Investment Grade CMBS 1.2%1.3%1.2%
Other Investments 0.5%0.5%0.5%
Cash & Other 13.8%13.4%12.0%

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

Information Technology 5.4%5.3%5.4%
Financials 5.2%5.1%6.4%
Energy 4.8%4.9%5.1%
Telecommunication Services 4.6%4.7%4.5%
Consumer Staples 3.4%4.7%4.9%
Health Care 2.5%2.3%2.5%
Utilities 2.4%2.4%1.5%
Real Estate 2.1%2.0%2.4%
Industrials 1.9%1.9%1.9%
Consumer Discretionary 1.5%2.5%2.8%