Fidelity Global Monthly Income Fund

Investment Strategy

Fidelity Global Monthly Income Fund provides access to a diversified portfolio of global asset classes to deliver a combination of income and capital growth.


Performance for this series is not available at this time.


Annual compound performance – as at 31-Jan-2017

1 month -1.94% 4
3 month -2.75% 4
6 month -1.92% 4
1 year -0.19% 4
2 year 2.70% 2
3 year 7.65% 1
5 year 9.66% 1
7 year 8.43%
10 year
YTD -1.94% 4
Since Inception 3.77%

Calendar year performance – as at 31-Jan-2017

Calendar year performance – as at 31-Jan-2017

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

Growth of $10,000 since inception³ – as at 31-Jan-2017
Fund risk measures – as at 31-Jan-2017
Annual Standard Deviation 8.64
Beta 1.05

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

$12.47 – as at 24-Feb-2017

NAVPU – Series B

$9.52 – as at 24-Feb-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$2.535 billion
as at 31-Jan-2017

Management expense ratio - Series B

2.24% – as at 30-Sep-2016

Quarterly Top Ten Holdings
J. P. Morgan Chase  
Johnson & Johnson  
Bank of America  
Wells Fargo  
Taiwan Semiconductor  
Comcast, Cl. A  
Total number of holdings 2,982
Top 10 holdings aggregate 8.6%
Allocation to funds

Asset Mix
as at 31-Dec-2016

  Current monthLast monthTwo months ago
Foreign Equities 45.0%45.1%43.6%
Foreign Bonds 32.9%32.9%34.6%
High Yield Bonds 10.0%9.5%10.0%
Convertibles 4.3%4.3%4.1%
Canadian Equities 2.2%2.2%2.2%
Other Investments 1.5%1.4%1.2%
Investment Grade CMBS 1.3%1.3%1.2%
Cash & Other 2.9%3.3%3.2%

Top historical sector mix (%)
as at 31-Dec-2016

Information Technology 8.4%8.6%8.7%
Real Estate 7.4%7.1%7.5%
Financials 7.4%8.2%6.7%
Health Care 6.5%6.5%6.5%
Consumer Staples 5.9%5.8%5.8%
Consumer Discretionary 5.8%5.7%5.6%
Energy 4.1%3.9%3.5%
Industrials 3.0%2.9%2.7%
Telecommunication Services 1.5%1.5%1.6%
Materials 1.2%1.3%1.2%

Country mix
as at 31-Dec-2016

United States 54.2%52.0%50.5%
United Kingdom 8.3%8.4%9.0%
Japan 8.0%8.1%8.9%
Canada 2.7%5.1%4.1%
Germany 2.5%2.1%3.1%
France 2.0%1.9%2.1%
Italy 1.8%2.0%2.5%
Ireland 1.7%1.7%1.6%
Netherlands 1.4%1.5%1.6%
Israel 1.2%1.3%
Hong Kong 1.2%