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Fidelity Canadian Short Term Bond Fund

Fund code: 285

  • NAV
    $9.63 $0.01 / 0.06%
    28-Jun-2022
  • Inception 30-Jan-1995
  • Benchmark FTSE Canada Short Term Bond Index
  • Aggregate assets
    (all series)
    $585.3M
    31-May-2022
  • MER 1.15%
    31-Dec-2021
  • Distributions
  • Seven-day yield 1.53%
    31-May-2022
  • Trailing 12 month yield 1.21%
    31-May-2022
  • Yield To Worst 3.83%
    31-May-2022
  • Duration 2.7 years
    30-Apr-2022
  • 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-May-2022

YTD 2022 2021 2020 2019 2018 2017 2016 2015
Fund -3.88 -1.63 4.53 2.64 0.92 -0.31 0.36 1.54

Standard period returns†† (%) 31-May-2022

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 0.14 -2.73 -3.69 -4.84 -0.30 0.19 0.85 3.48

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-May-2022

Fund
Annualized standard deviation 2.24
Beta 1.02
0.88

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 (%)

30-Apr-2022

Sector mix (%)

30-Apr-2022
12 months ago Last month Current month
Canadian Corporate Bonds 45.5 43.5 43.4
Canadian Provincial Bonds 17.3 22.5 22.0
Canadian Federal Bonds 16.9 13.3 13.5
Canadian Agency Bonds 9.4 10.7 12.1
Canadian Municipal Bonds - - -

Credit quality (%)

30-Apr-2022
12 months ago Last month Current month
AAA 31.1 29.4 31.3
AA 25.5 27.9 27.5
A 15.0 16.1 16.6
BBB 18.2 17.5 17.5
BB 1.4 1.7 1.8
Cash & Net Other Assets 2.2 2.5 1.6
Not Rated/Not Available 6.6 4.8 3.8

Top five issuers

  1. Province of Ontario
  2. Government of Canada
  3. Canada Housing Trust No. 1
  4. Royal Bank of Canada
  5. Toronto-Dominion Bank
Total number of issuers 105
Aggregate of top issuers 47.4%
  1. Province of Ontario
  2. Government of Canada
  3. Canada Housing Trust No. 1
  4. Royal Bank of Canada
  5. Toronto-Dominion Bank
Total number of issuers 106
Aggregate of top issuers 47.5%
  1. Province of Ontario
  2. Government of Canada
  3. Canada Housing Trust No. 1
  4. Royal Bank of Canada
  5. Bank of Montreal
Total number of issuers 109
Aggregate of top issuers 44.5%
  1. Government of Canada
  2. Province of Ontario
  3. Canada Housing Trust No. 1
  4. Royal Bank of Canada
  5. Bank of Montreal
Total number of issuers 111
Aggregate of top issuers 44.3%
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