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

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 30-Jun-2017

PERIOD Fund
1 month -3.62% 4
3 month -0.97% 4
6 month 0.33% 4
1 year 4.39% 4
2 year 4.06% 3
3 year 8.60% 1
5 year
7 year
10 year
YTD 0.33% 4
Since Inception 8.31%

Calendar year performance – as at 30-Jun-2017

Calendar year performance – as at 30-Jun-2017

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

Growth of $10,000 since inception³ – as at 30-Jun-2017
Fund risk measures – as at 30-Jun-2017
  Fund
Annual Standard Deviation 8.92
Beta 0.95
0.84

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

Fund facts

NAVPU – Series B

$11.91 – as at 24-Jul-2017

NAVPU – Series B

$9.52 – as at 24-Jul-2017

Series inception date

28-May-2014

28-May-2014

Fund benchmark

None

Fund aggregate assets (all series)

$3.956 billion
as at 30-Jun-2017

Management expense ratio - Series B

2.25% – as at 30-Sep-2016

 
Quarterly Top Ten Holdings
Anthem  
Seria Co.  
Gilead Sciences  
Ottogi  
Teva Pharmaceutical  
Bed Bath & Beyond  
Hon Hai Precision  
Hyundai Mobis  
Deckers Outdoor  
Amgen  
Total number of holdings 1,755
Top 10 holdings aggregate 9.4%
Allocation to funds

Asset Mix
as at 31-May-2017

  Current monthLast monthTwo months ago
Foreign Bonds 29.7%29.5%30.5%
Foreign Equities 29.6%30.6%29.5%
High Yield Bonds 16.4%16.5%16.2%
Other Investments 0.7%0.7%0.5%
Cash & Other 23.7%22.7%23.3%

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

Consumer Discretionary 8.2%8.9%9.0%
Health Care 6.9%7.3%6.9%
Consumer Staples 4.7%4.4%3.7%
Industrials 2.9%2.8%2.9%
Information Technology 2.9%2.9%2.7%
Financials 1.7%1.9%1.8%
Energy 1.1%

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

United States 71.7%71.8%72.4%
Japan 6.3%6.2%6.1%
South Korea 3.5%3.1%3.2%
Canada 2.7%3.1%2.2%
United Kingdom 2.3%2.3%2.4%
Mexico 1.5%1.5%2.1%
Taiwan 1.3%1.2%1.2%
France 1.2%1.2%1.2%
Hong Kong 1.2%1.2%1.2%
Netherlands 1.1%
Israel 1.2%1.1%
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