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 for this series is not available at this time.


Annual compound performance – as at 31-May-2017

1 month -0.10% 4
3 month 2.09% 3
6 month 2.72% 4
1 year 4.24% 4
2 year 3.03% 3
3 year 4.93% 1
5 year 6.26% 1
7 year 6.86%
10 year 5.48% 1
YTD 2.67% 4
Since Inception 7.87%

Calendar year performance – as at 31-May-2017

Calendar year performance – as at 31-May-2017

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

Growth of $10,000 since inception³ – as at 31-May-2017
Fund risk measures – as at 31-May-2017
Annual Standard Deviation 4.57
Beta 0.96

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

$15.49 – as at 21-Jun-2017

Series inception date


Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.722 billion
as at 31-May-2017

Management expense ratio - Series B

1.74% – as at 30-Jun-2016

Quarterly Top Ten Holdings
Toronto-Dominion Bank  
Rogers Communication, Cl. B, Non Vtg  
VanEck Vectors Gold Miners ETF  
TransCanada Corp.  
Mead Johnson Nutrition  
Canadian National Railway  
Total number of holdings 2,420
Top 10 holdings aggregate 8.5%
Allocation to funds

Asset Mix
as at 30-Apr-2017

  Current monthLast monthTwo months ago
Canadian Bonds 49.6%50.0%50.9%
Canadian Equities 16.0%16.0%15.8%
High Yield Bonds 9.0%8.9%8.9%
Foreign Bonds 8.6%8.1%8.1%
Foreign Equities 8.1%8.0%8.5%
Other Investments 0.1%0.1%0.1%
Cash & Other 8.6%8.9%7.8%

Top historical sector mix (%)
as at 30-Apr-2017

Energy 4.6%4.7%4.8%
Financials 3.8%4.2%4.3%
Telecommunication Services 2.5%2.4%2.6%
Consumer Staples 2.5%2.7%2.1%
Information Technology 2.4%2.1%1.8%
Materials 2.3%2.2%2.4%
Consumer Discretionary 1.7%1.6%1.9%
Industrials 1.4%1.4%1.5%
Real Estate 1.2%1.2%1.3%
Health Care 1.0%