Fidelity Income Allocation Fund

Investment Strategy

Tactical allocation among income-oriented asset classes

Fidelity Income Allocation Fund offers exposure to multiple fixed income asset classes and income-oriented equities and aims to provide investors with monthly yield and total return potential in a tactical asset allocation fund.

Performance

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 28-Feb-2017

PERIOD Fund
1 month 1.22% 3
3 month 0.62% 4
6 month -0.58% 4
1 year 5.09% 4
2 year 1.34% 3
3 year 4.62% 1
5 year 5.95% 1
7 year 6.38%
10 year 5.88% 1
YTD 0.57% 4
Since Inception 7.85%

Calendar year performance – as at 28-Feb-2017

Calendar year performance – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017
Fund risk measures – as at 28-Feb-2017
  Fund
Annual Standard Deviation 4.49
Beta 0.96
0.81

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 - Stein Wolf - A team approach to asset allocation - EN

Fund facts

NAVPU – Series B

$15.35 – as at 24-Mar-2017

Series inception date

25-May-2005

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.650 billion
as at 28-Feb-2017

Management expense ratio - Series B

1.74% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
SECTOR SPDR SHS TR-ENERGY ETF  
Toronto-Dominion Bank  
VanEck Vectors Gold Miners ETF  
TransCanada Corp.  
Rogers Communication, Cl. B, Non Vtg  
Telus  
BCE  
Enbridge  
CGI, Cl. A, Sub Vtg  
Canadian National Railway  
Total number of holdings 2,776
Top 10 holdings aggregate 8.2%
Allocation to funds

Asset Mix
as at 31-Jan-2017

  Current monthLast monthTwo months ago
Canadian Bonds 51.5%45.2%45.9%
Canadian Equities 15.8%15.6%15.6%
High Yield Bonds 8.6%8.8%8.6%
Foreign Equities 8.4%8.6%7.9%
Foreign Bonds 8.1%9.5%9.2%
Other Investments 0.1%0.1%0.2%
Cash & Other 7.6%12.3%12.6%

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

Energy 4.7%5.0%3.9%
Financials 4.5%4.4%4.4%
Telecommunication Services 2.6%2.4%2.3%
Materials 2.4%2.1%2.1%
Information Technology 2.0%2.0%2.3%
Consumer Staples 2.0%2.1%2.2%
Industrials 1.7%1.7%1.6%
Consumer Discretionary 1.5%1.6%1.6%
Real Estate 1.1%1.2%1.2%
Health Care 1.0%1.1%
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