Fidelity American Balanced Fund

Investment Strategy

Fidelity American Balanced Fund aims to achieve long-term capital growth by investing across a range of equities and fixed-income securities in the U.S. and around the world.

Performance

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 31-Jan-2017

PERIOD Fund
1 month -1.38%
3 month 0.00%
6 month 0.56%
1 year 0.78%
2 year
3 year
5 year
7 year
10 year
YTD -1.38%
Since Inception 6.78%

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

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.

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Fund facts

NAVPU – Series B

$8.73 – as at 24-Feb-2017

NAVPU – Series B

$11.45 – as at 24-Feb-2017

Series inception date

06-May-2015

06-May-2015

Fund benchmark

None

Fund aggregate assets (all series)

$283.6 million
as at 31-Jan-2017

Management expense ratio - Series B

2.26% – as at 30-Sep-2016

 
Quarterly Top Ten Holdings
Hanesbrands  
AutoZone  
Berkshire Hathaway, Cl. B  
HCA Holdings  
Kroger  
Cardinal Health  
CMS Energy  
Cigna  
LKQ Corporation  
Oracle  
Total number of holdings 2,378
Top 10 holdings aggregate 15.7%
Allocation to funds

Asset Mix
as at 31-Dec-2016

  Current monthLast monthTwo months ago
Foreign Equities 58.2%57.9%58.3%
Foreign Bonds 20.2%20.5%22.6%
High Yield Bonds 4.9%4.9%5.0%
Investment Grade CMBS 1.6%1.7%1.9%
Other Investments 1.3%1.2%1.2%
Cash & Other 13.7%13.8%11.0%

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

Consumer Discretionary 14.1%14.7%14.0%
Health Care 12.3%11.9%11.8%
Information Technology 8.0%8.5%8.5%
Industrials 7.1%7.6%8.4%
Financials 6.1%4.9%4.4%
Consumer Staples 4.8%4.6%5.4%
Materials 2.4%2.4%2.5%
Utilities 2.3%2.2%2.1%
Energy 1.3%1.2%1.1%
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