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-Mar-2017

1 month 0.31% 4
3 month 0.88% 4
6 month -0.62% 4
1 year 4.06% 4
2 year 1.63% 3
3 year 4.67% 1
5 year 5.94% 1
7 year 6.21%
10 year 5.85% 1
YTD 0.88% 4
Since Inception 7.82%

Calendar year performance – as at 31-Mar-2017

Calendar year performance – as at 31-Mar-2017

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

Growth of $10,000 since inception³ – as at 31-Mar-2017
Fund risk measures – as at 31-Mar-2017
Annual Standard Deviation 4.49
Beta 0.95

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

$15.61 – as at 26-Apr-2017

Series inception date


Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.650 billion
as at 31-Mar-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.  
Canadian National Railway  
Total number of holdings 2,420
Top 10 holdings aggregate 8.5%
Allocation to funds

Asset Mix
as at 28-Feb-2017

  Current monthLast monthTwo months ago
Canadian Bonds 50.9%51.5%45.2%
Canadian Equities 15.8%15.8%15.6%
High Yield Bonds 8.9%8.6%8.8%
Foreign Equities 8.5%8.4%8.6%
Foreign Bonds 8.1%8.1%9.5%
Other Investments 0.1%0.1%0.1%
Cash & Other 7.8%7.6%12.3%

Top historical sector mix (%)
as at 28-Feb-2017

Energy 4.8%4.7%5.0%
Financials 4.3%4.5%4.4%
Telecommunication Services 2.6%2.6%2.4%
Materials 2.4%2.4%2.1%
Consumer Staples 2.1%2.0%2.1%
Consumer Discretionary 1.9%1.5%1.6%
Information Technology 1.8%2.0%2.0%
Industrials 1.5%1.7%1.7%
Real Estate 1.3%1.1%1.2%
Health Care 1.0%1.0%