Fidelity Global Asset Allocation Fund

Investment Strategy

Fidelity Global Asset Allocation Fund combines the flexibility of tactical asset allocation with Fidelity's disciplined "bottom up" investment approach to deliver maximized risk-adjusted return potential.


Performance for this series is not available at this time.


Annual compound performance – as at 30-Sep-2017

1 month 0.81% 4
3 month -0.08% 4
6 month 0.86% 3
1 year 4.68% 4
2 year 4.68% 4
3 year 7.04% 2
5 year 9.76% 2
7 year 7.59%
10 year 4.81% 2
YTD 4.69% 3
Since Inception 5.39%

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 9.27
Beta 1.04

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.

Fund facts

NAVPU – Series B

$26.29 – as at 18-Oct-2017

NAVPU – Series B

$21.09 – as at 18-Oct-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$327.0 million
as at 30-Sep-2017

Management expense ratio - Series B

2.39% – as at 30-Sep-2016

Quarterly Top Ten Holdings
SPDR S&P 500 ETF  
iShares MSCI EMU Index ETF  
iShares MSCI Emerging Markets ETF  
iShares MSCI Japan ETF  
iShares Europe ETF  
Technology Select Sector SPDR ETF  
Financial Select Sector SPDR ETF  
Health Care Select Sector SPDR ETF  
iShares MSCI Pacific ex Japan ETF  
Total number of holdings 477
Top 10 holdings aggregate 25.3%
Allocation to funds

Asset Mix
as at 31-Aug-2017

  Current monthLast monthTwo months ago
Foreign Equities 63.0%64.1%63.1%
Foreign Bonds 23.8%23.0%23.3%
Canadian Equities 1.9%1.9%1.9%
Other Investments 0.6%0.7%1.0%
Cash & Other 10.8%10.2%10.7%

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

Multi Sector 19.9%20.1%19.6%
Information Technology 10.2%10.0%9.7%
Financials 6.4%6.4%5.7%
Health Care 5.2%5.5%6.3%
Consumer Staples 4.9%5.0%4.4%
Industrials 4.0%4.3%4.2%
Consumer Discretionary 3.9%4.1%4.0%
Energy 3.0%3.2%3.3%
Utilities 1.9%1.9%1.9%
Materials 1.7%1.8%1.8%

Country mix
as at 31-Aug-2017

United States 47.4%48.6%48.4%
Canada 15.4%13.3%13.5%
Japan 9.3%9.2%9.1%
Emerging Markets 3.4%3.3%3.2%
United Kingdom 3.2%4.0%4.2%
Netherlands 2.5%2.6%2.6%
Europe (ETF) 2.4%2.4%2.9%
France 2.2%2.5%3.1%
Switzerland 2.1%2.2%2.2%
Australia 1.8%1.7%1.7%