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-Jul-2017

PERIOD Fund
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
  Fund
Annual Standard Deviation 3.94
Beta 0.61
0.67

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

06-Nov-2003

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  
Telus  
BCE  
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%
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