Fund code: 285

  • NAV $9.87 $0.01 / 0.10%
    14-Jun-2024
  • Inception 30-Jan-1995
  • Benchmark FTSE Canada Short Term Bond Index
  • Aggregate assets
    (all series)
    $528.6M
    31-May-2024
  • MER 1.15%
    31-Dec-2023
  • Distributions
  • Trailing 12 month yield 2.13%
    31-May-2024
  • Yield To Worst 4.81%
    30-Apr-2024
  • Duration 2.5 years
    30-Apr-2024
  • 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-2024

YTD 2024 2023 2022 2021 2020 2019 2018 2017
Fund 0.57 4.63 -4.69 -1.63 4.53 2.64 0.92 -0.31

Standard period returns (%) 31-May-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 0.82 0.77 2.11 4.03 -0.24 0.67 0.90 3.39

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-2024

Fund
Annualized standard deviation 2.78
Beta 0.95
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 (%)

30-Apr-2024

Sector mix (%)

30-Apr-2024
12 months ago Last month Current month
Canadian Corporate Bonds 44.0 45.3 46.3
Canadian Provincial Bonds 21.6 20.1 18.6
Canadian Agency Bonds 13.9 15.2 15.2
Canadian Federal Bonds 11.1 13.5 13.5

Credit quality (%)

30-Apr-2024
12 months ago Last month Current month
AAA 29.5 32.6 32.8
AA 26.0 25.2 23.7
A 17.8 14.2 14.8
BBB 19.0 21.6 22.3
BB 3.2 1.1 1.0
Cash & Net Other Assets 1.3 0.3 0.5
Not Rated/Not Available 3.3 5.0 5.0

Top five issuers

  1. Canada Housing Trust No. 1
  2. Province of Ontario
  3. Government of Canada
  4. Province of Quebec
  5. Toronto-Dominion Bank
Total number of issuers 92
Aggregate of top issuers 52.1%
  1. Province of Ontario
  2. Government of Canada
  3. Canada Housing Trust No. 1
  4. Province of Quebec
  5. Toronto-Dominion Bank
Total number of issuers 89
Aggregate of top issuers 51.9%
  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%
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