Fidelity NorthStar® Balanced Fund

Investment Strategy

Fidelity NorthStar® Balanced Fund is a balanced solution that offers investors the potential for long-term capital growth. The Fund employs a flexible approach that draws on the portfolio managers' best ideas across an expansive range of equity securities and fixed-income asset classes from around the world.


Performance for this series is not available at this time.


Annual compound performance – as at 30-Apr-2017

1 month 3.09% 1
3 month 6.84% 1
6 month 4.00% 4
1 year 12.89% 2
2 year 7.92% 1
3 year
5 year
7 year
10 year
YTD 4.44% 3
Since Inception 10.31%

Calendar year performance – as at 30-Apr-2017

Calendar year performance – as at 30-Apr-2017

Growth of $10,000 since inception³ – as at 30-Apr-2017

Growth of $10,000 since inception³ – as at 30-Apr-2017
Fund risk measures

Fund risk measures not yet available

Risk measures cannot be calculated on funds that are less than three years old. This Fund does not yet meet the required criteria.

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 - Joel Tillinghast- Lessons learned over a thirty year - EN

Fund facts

NAVPU – Series B

$12.58 – as at 24-May-2017

NAVPU – Series B

$9.38 – as at 24-May-2017

Series inception date



Fund benchmark


Fund aggregate assets (all series)

$4.135 billion
as at 30-Apr-2017

Management expense ratio - Series B

2.25% – as at 30-Sep-2016

Quarterly Top Ten Holdings
Gilead Sciences  
Seria Co.  
Bed Bath & Beyond  
Teva Pharmaceutical  
Hyundai Mobis  
Deckers Outdoor  
Hon Hai Precision  
Total number of holdings 1,755
Top 10 holdings aggregate 9.5%
Allocation to funds

Asset Mix
as at 31-Mar-2017

  Current monthLast monthTwo months ago
Foreign Bonds 30.5%30.4%30.5%
Foreign Equities 29.5%29.5%30.0%
High Yield Bonds 16.2%15.8%15.8%
Other Investments 0.5%0.6%0.7%
Cash & Other 23.3%23.7%23.1%

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

Consumer Discretionary 9.0%8.7%8.8%
Health Care 6.9%7.8%7.6%
Consumer Staples 3.7%3.6%3.8%
Industrials 2.9%2.8%2.7%
Information Technology 2.7%2.7%2.7%
Financials 1.8%1.8%1.9%
Energy 1.1%1.1%1.1%
Materials 1.2%

Country mix (%)
as at 31-Mar-2017

United States 72.4%72.8%73.8%
Japan 6.1%5.9%5.6%
South Korea 3.2%3.1%2.9%
United Kingdom 2.4%2.4%2.7%
Canada 2.2%2.9%2.2%
Mexico 2.1%1.6%1.4%
Taiwan 1.2%1.2%1.1%
Hong Kong 1.2%1.1%1.1%
France 1.2%1.1%1.1%
Israel 1.1%1.2%1.2%