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 30-Sep-2017

1 month 0.60% 3
3 month -1.33% 4
6 month -0.75% 4
1 year 0.93% 4
2 year 3.90% 4
3 year 7.55% 1
5 year 9.34% 1
7 year 8.15%
10 year 4.82% 2
YTD 1.67% 4
Since Inception 3.88%

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 9.47
Beta 1.06

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

$12.68 – as at 18-Oct-2017

NAVPU – Series B

$10.17 – as at 18-Oct-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$2.821 billion
as at 30-Sep-2017

Management expense ratio - Series B

2.24% – as at 30-Sep-2016

Quarterly Top Ten Holdings
J. P. Morgan Chase  
Micro Focus  
British American Tobacco  
Bank of America  
Total number of holdings 2,620
Top 10 holdings aggregate 7.9%
Allocation to funds

Asset Mix
as at 31-Aug-2017

  Current monthLast monthTwo months ago
Foreign Equities 43.3%43.4%40.9%
Foreign Bonds 35.1%34.0%34.4%
High Yield Bonds 8.6%9.1%8.9%
Convertibles 4.1%4.1%4.1%
Canadian Equities 2.1%2.1%1.9%
Investment Grade CMBS 1.0%1.1%1.1%
Other Investments 0.9%0.8%1.1%
Cash & Other 4.9%5.5%7.7%

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

Information Technology 7.9%7.7%7.6%
Real Estate 7.1%7.0%7.3%
Consumer Staples 6.5%6.5%5.5%
Financials 6.5%6.5%6.1%
Health Care 5.4%5.6%5.6%
Consumer Discretionary 4.6%4.6%4.5%
Industrials 4.0%4.0%3.4%
Energy 3.7%3.7%2.9%
Telecommunication Services 1.8%1.8%1.5%
Materials 1.6%1.6%1.5%

Country mix
as at 31-Aug-2017

United States 51.7%52.3%54.4%
Japan 8.8%8.8%8.9%
Canada 7.2%6.0%5.3%
United Kingdom 7.2%8.0%7.3%
Netherlands 3.5%3.6%3.2%
Switzerland 1.9%1.9%1.8%
Mexico 1.4%1.4%1.5%
France 1.4%1.6%1.5%
Italy 1.3%1.1%
Ireland 1.3%1.1%1.1%