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 30-Nov-2016

PERIOD Fund
1 month -0.59%
3 month -0.72%
6 month 1.97%
1 year 5.57%
2 year 3.64%
3 year 5.19%
5 year 7.00%
7 year 7.62%
10 year 5.91%
YTD 6.05%
Since Inception 7.49%

Calendar year performance – as at 30-Nov-2016

Calendar year performance – as at 30-Nov-2016

Growth of $10,000 since inception³ – as at 31-Dec-2016

Growth of $10,000 since inception³ – as at 31-Dec-2016
Fund risk measures – as at 31-Dec-2016
  Fund
Annual Standard Deviation 3.77
Beta 0.58
0.66

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.

Fund facts

NAVPU – Series B

$16.79 – as at 16-Jan-2017

Series inception date

06-Nov-2003

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$13.688 billion
as at 31-Dec-2016

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  
Total number of holdings 2,451
Top 10 holdings aggregate 11.5%
Allocation to funds

Asset Mix
as at 30-Nov-2016

  Current monthLast monthTwo months ago
Canadian Bonds 26.0%26.8%26.9%
Canadian Equities 23.4%22.8%23.0%
Foreign Bonds 12.0%12.1%11.7%
Foreign Equities 11.3%10.6%10.3%
High Yield Bonds 9.0%8.9%8.8%
Convertibles 4.2%4.1%4.1%
Investment Grade CMBS 1.2%1.2%1.2%
Other Investments 0.5%0.5%0.5%
Cash & Other 12.4%13.0%13.6%

Top historical sector mix (%)
as at 30-Nov-2016

Financials 7.1%5.7%5.6%
Information Technology 5.3%5.9%5.8%
Energy 4.9%4.6%4.6%
Consumer Staples 4.5%4.7%4.6%
Telecommunication Services 4.1%4.0%4.0%
Health Care 2.9%2.5%2.2%
Consumer Discretionary 2.6%2.5%2.4%
Industrials 2.4%2.4%2.6%
Real Estate 2.1%2.1%2.3%
Utilities 1.7%1.7%2.2%
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