Fund code: 020

  • NAV $15.65 $0.01 / 0.08%
    30-Apr-2025
  • Inception 03-Nov-2005
  • Benchmark Blended Index**
  • Aggregate assets
    (all series)     $503.2M
    31-Mar-2025
  • MER 0.94%
    31-Dec-2024
  • Distributions
  • Morningstar category Short-Term Target Date Portfolio
  • Also available through Trust T-Series
  • 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-Mar-2025

YTD 2025 2024 2023 2022 2021 2020 2019 2018
Fund 2.03 10.53 8.84 -11.97 6.38 10.77 13.51 -2.34

Standard period returns (%) 31-Mar-2025

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund -1.13 2.03 2.76 9.07 5.01 6.84 4.89 5.94

Why invest in this fund?

  • Designed to grow retirement savings.
  • Automatically adjusts asset mix to be more conservative over time.
  • Leverages Fidelity’s decades of proprietary research in lifecycle investing.

Risk measures (%) 31-Mar-2025

Fund
Annualized standard deviation 8.35
Beta 0.99
R² 0.99

Risk classification

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

This fund has a low to medium volatility rating

Allocation to underlying funds (%)

31-Mar-2025
  • Fund name Percentage
    Fidelity Emerging Markets Fund 6.9
    Fidelity International Equity Multi-Asset Base Fund 6.2
    Fidelity International Value Multi-Asset Base Fund 3.6
    Fidelity International Growth Multi-Asset Base Fund 3.6
    Fidelity International Equity Investment Trust 1.5
    Fidelity International Disciplined Equity Fund 0.6
  • Fund name Percentage
    Fidelity Canadian Bond Multi-Asset Base Fund 15.5
  • Fund name Percentage
    Fidelity Global Inflation-Linked Bond Index Hedged Multi-Asset Base Fund 12.8
  • Fund name Percentage
    Fidelity Insights Investment Trust 3.6
    Fidelity Blue Chip Growth Multi-Asset Base Fund 2.6
    Fidelity American Disciplined Equity Fund 2.4
    Fidelity U.S. Dividend Investment Trust 2.2
    Fidelity U.S. Small/Mid-Cap Equity Multi-Asset Base Fund 1.2
  • Fund name Percentage
    Fidelity Canadian Real Return Bond Index Multi-Asset Base Fund 9.0
  • Fund name Percentage
    Fidelity Global Developed Markets Sovereign Bond Index Hedged Multi-Asset Base Fund 8.9
  • Fund name Percentage
    Fidelity Canadian Disciplined Equity Fund 4.3
    Fidelity True North Fund 2.5
    Fidelity Canadian Focused Equity Multi-Asset Base Fund 1.2
    Fidelity Dividend Multi-Asset Base Fund 1.0
    Fidelity Canadian Opportunities Fund 0.7
    S&P/TSX 60 IX FUT JUN25 PTM5 -0.8
  • Fund name Percentage
    Fidelity Canadian Short Term Bond Fund 6.4
  • Fund name Percentage
    Fidelity Canadian Government Long Bond Index Multi-Asset Base Fund 2.5
  • Fund name Percentage
    Net other assets 0.9
    Futures Collateral 0.1
    Fidelity Canadian Money Market Investment Trust 0.0
    CAD SPOT CC 0.0
    USD SPOT CC 0.0
  • Fund name Percentage
    Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 0.4
    iShares Comex Gold Trust ETF 0.1
  • Fund name Percentage
    Fidelity American High Yield Currency Neutral Fund 0.1

Portfolio managers

Fund information