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 30-Sep-2017

1 month 0.00% 4
3 month -0.45% 4
6 month -0.32% 4
1 year 0.26% 4
2 year 4.28% 4
3 year 3.67% 3
5 year 5.92% 3
7 year 6.20%
10 year 5.37% 1
YTD 0.84% 4
Since Inception 7.12%

Calendar year performance – as at 30-Sep-2017

Calendar year performance – as at 30-Sep-2017

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

Growth of $10,000 since inception³ – as at 31-Aug-2017
Fund risk measures – as at 30-Sep-2017
Annual Standard Deviation 3.84
Beta 0.63

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

$16.88 – as at 18-Oct-2017

Series inception date


Fund benchmark

Blended index**

Fund aggregate assets (all series)

$13.732 billion
as at 30-Sep-2017

Management expense ratio - Series B

2.07% – as at 30-Jun-2016

Quarterly Top Ten Holdings
SPDR Gold Trust ETF  
Rogers Communication, Cl. B, Non Vtg  
Toronto-Dominion Bank  
TransCanada Corp.  
Fairfax Financial Holdings, Sub Vtg  
Empire Company  
Total number of holdings 2,434
Top 10 holdings aggregate 13.5%
Allocation to funds

Asset Mix
as at 31-Aug-2017

  Current monthLast monthTwo months ago
Canadian Bonds 26.8%26.8%27.0%
Canadian Equities 24.1%24.1%23.8%
Foreign Bonds 12.7%12.3%13.3%
Foreign Equities 10.0%11.4%7.4%
High Yield Bonds 8.7%8.6%8.9%
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 11.8%11.0%13.8%

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

Financials 5.6%5.5%5.2%
Information Technology 5.3%5.8%5.4%
Telecommunication Services 4.9%4.8%4.6%
Energy 4.9%5.0%4.8%
Health Care 3.2%3.7%2.5%
Consumer Staples 3.2%4.3%3.4%
Materials 3.1%2.4%1.4%
Utilities 2.6%2.5%2.4%
Real Estate 2.6%2.6%2.1%
Industrials 1.8%1.8%1.9%