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-Mar-2017

PERIOD Fund
1 month 0.48% 4
3 month 1.16% 4
6 month 0.58% 4
1 year 5.45% 4
2 year 2.76% 3
3 year 4.60% 3
5 year 6.34% 2
7 year 6.91%
10 year 5.65% 1
YTD 1.16% 4
Since Inception 7.42%

Calendar year performance – as at 31-Mar-2017

Calendar year performance – as at 31-Mar-2017

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

Growth of $10,000 since inception³ – as at 31-Mar-2017
Fund risk measures – as at 31-Mar-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 - Dan Dupont - Dont try to predict the unpredictable - EN

Fund facts

NAVPU – Series B

$17.17 – as at 26-Apr-2017

Series inception date

06-Nov-2003

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$14.131 billion
as at 31-Mar-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 CO  
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 28-Feb-2017

  Current monthLast monthTwo months ago
Canadian Bonds 26.0%26.0%25.6%
Canadian Equities 24.1%23.5%23.5%
Foreign Bonds 13.8%13.4%13.4%
Foreign Equities 9.3%8.7%9.4%
High Yield Bonds 8.7%8.7%8.9%
Convertibles 4.4%4.2%4.2%
Investment Grade CMBS 1.2%1.2%1.2%
Other Investments 0.5%0.5%0.5%
Cash & Other 12.0%13.9%13.2%

Top historical sector mix (%)
as at 28-Feb-2017

Financials 5.9%6.0%6.1%
Energy 5.0%4.8%5.0%
Telecommunication Services 4.6%4.5%4.3%
Consumer Staples 4.5%4.1%4.4%
Information Technology 4.4%4.6%4.4%
Consumer Discretionary 3.4%2.6%2.6%
Health Care 2.7%2.6%2.7%
Real Estate 2.5%2.1%2.2%
Industrials 2.1%2.4%2.4%
Utilities 1.4%1.4%1.7%
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