Fund code: 285

  • NAV
    $9.69 $0.03 / 0.30%
    29-Nov-2023
  • Inception 30-Jan-1995
  • Benchmark FTSE Canada Short Term Bond Index
  • Aggregate assets
    (all series)
    $539.6M
    31-Oct-2023
  • MER 1.15%
    30-Jun-2023
  • Distributions
  • Trailing 12 month yield 2.02%
    31-Oct-2023
  • Yield To Worst 5.33%
    31-Oct-2023
  • Duration 2.6 years
    31-Oct-2023
  • Morningstar category Canadian Short Term Fixed Income
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 31-Oct-2023

YTD 2023 2022 2021 2020 2019 2018 2017 2016
Fund 1.31 -4.69 -1.63 4.53 2.64 0.92 -0.31 0.36

Standard period returns (%) 31-Oct-2023

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 0.73 0.55 -0.73 2.02 -1.55 0.60 0.68 3.32

Why invest in this fund?

  • Offers investors exposure to a portfolio of high-quality short-term Canadian bonds.
  • Diversified among sectors and issuers.
  • Leverages Fidelity’s expertise in fixed-income investing.

Risk measures (%) 31-Oct-2023

Fund
Annualized standard deviation 2.37
Beta 0.93
0.99

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a low volatility rating

Allocation

Asset mix (%)

31-Oct-2023

Sector mix (%)

31-Oct-2023
12 months ago Last month Current month
Canadian Corporate Bonds 43.0 43.9 46.0
Canadian Provincial Bonds 24.5 21.8 21.4
Canadian Agency Bonds 12.4 13.6 13.8
Canadian Federal Bonds 11.3 12.2 11.9

Credit quality (%)

31-Oct-2023
12 months ago Last month Current month
AAA 21.1 30.5 30.6
AA 38.8 28.7 28.5
A 18.3 14.7 14.5
BBB 15.6 20.7 21.0
BB 2.1 1.2 1.3
Cash & Net Other Assets 0.5 0.9 0.9
Not Rated/Not Available 3.6 3.3 3.3

Top five issuers

  1. Province of Ontario
  2. Canada Housing Trust No. 1
  3. Government of Canada
  4. Province of Quebec
  5. Bank of Nova Scotia
Total number of issuers 88
Aggregate of top issuers 50.5%
  1. Province of Ontario
  2. Canada Housing Trust No. 1
  3. Government of Canada
  4. Province of Quebec
  5. Bank of Montreal
Total number of issuers 90
Aggregate of top issuers 49.6%
  1. Province of Ontario
  2. Canada Housing Trust No. 1
  3. Government of Canada
  4. Province of Quebec
  5. Toronto-Dominion Bank
Total number of issuers 88
Aggregate of top issuers 48.9%
  1. Province of Ontario
  2. Canada Housing Trust No. 1
  3. Government of Canada
  4. Province of Quebec
  5. Bank of Montreal
Total number of issuers 88
Aggregate of top issuers 50.0%
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