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

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 31-Jul-2017

PERIOD Fund
1 month -2.37% 4
3 month -5.73% 4
6 month 2.58% 2
1 year 0.61% 4
2 year 1.64% 4
3 year 7.44% 1
5 year 9.33% 1
7 year 8.67%
10 year 4.61% 2
YTD 0.60% 4
Since Inception 3.84%

Calendar year performance – as at 31-Jul-2017

Calendar year performance – as at 31-Jul-2017

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

Growth of $10,000 since inception³ – as at 31-Jul-2017
Fund risk measures – as at 31-Jul-2017
  Fund
Annual Standard Deviation 9.48
Beta 1.05
0.98

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

$12.49 – as at 18-Aug-2017

NAVPU – Series B

$9.93 – as at 18-Aug-2017

Series inception date

18-Apr-2007

18-Apr-2007

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$2.721 billion
as at 31-Jul-2017

Management expense ratio - Series B

2.24% – as at 30-Sep-2016

 
Quarterly Top Ten Holdings
Apple  
Micro Focus  
Chevron  
Microsoft  
Amgen  
Bank of America  
J. P. Morgan Chase  
GlaxoSmithKline  
Wells Fargo  
American Tower  
Total number of holdings 3,006
Top 10 holdings aggregate 7.2%
Allocation to funds

Asset Mix
as at 30-Jun-2017

  Current monthLast monthTwo months ago
Foreign Equities 40.9%43.5%43.9%
Foreign Bonds 34.4%34.7%32.9%
High Yield Bonds 8.9%9.3%9.7%
Convertibles 4.1%4.0%4.4%
Canadian Equities 1.9%2.0%1.9%
Other Investments 1.1%0.9%1.6%
Investment Grade CMBS 1.1%1.1%1.2%
Cash & Other 7.7%4.4%4.5%

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

Information Technology 7.6%8.3%8.5%
Real Estate 7.3%7.2%7.1%
Financials 6.1%6.3%7.1%
Health Care 5.6%5.7%5.8%
Consumer Staples 5.5%6.0%6.1%
Consumer Discretionary 4.5%5.1%5.0%
Industrials 3.4%3.8%3.7%
Energy 2.9%3.1%3.4%
Telecommunication Services 1.5%1.6%1.5%
Materials 1.5%1.5%1.5%

Country mix
as at 30-Jun-2017

United States 54.4%51.3%52.6%
Japan 8.9%7.2%7.0%
United Kingdom 7.3%8.8%8.5%
Canada 5.4%6.0%3.9%
Netherlands 3.2%2.6%2.3%
Switzerland 1.8%1.6%
France 1.5%1.7%1.7%
Mexico 1.5%1.3%
Hong Kong 1.3%1.4%1.4%
Israel 1.1%
Germany 1.3%2.8%
Ireland 1.5%
Italy 1.3%
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