Fund code: 7806

  • NAV $10.64 -$0.10 / -0.94%
    01-Aug-2025
  • Inception 15-May-2024
  • Benchmark 55% MSCI All Country World Index and 45% Bloomberg U.S. Aggregate Bond Index – Hedged to CAD
  • Aggregate exposure
    Long 98.7%
    Short -2.8%
    Net 95.9%
    Cash 4.1%
    30-Jun-2025
  • Aggregate assets
    (all series)     $313.9M
    31-Jul-2025
  • MER 2.24%
    31-Mar-2025
  • Distributions
  • Morningstar category Global Neutral Balanced
  • Also available through ETF Series CDN$, Trust US$ and 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-Jul-2025

YTD 2025
Fund 5.62

Standard period returns (%) 31-Jul-2025

1 mo 3 mo 6 mo 1 yr Inception
Fund 2.60 7.63 2.73 9.84 10.54

Why invest in this fund?

  • A global fund with a neutral mix of 55% equities and 45% fixed income.
  • One-ticket global balanced strategy with exposure to liquid alternatives in a traditional mutual fund.
  • Combines distinct styles together to help diversify risk and offer the potential for above-market returns with lower volatility.
  • Underlying funds managed by an experienced team of portfolio managers.

Risk measures

Risk measures cannot be calculated on funds that are less than three years old. This fund does not yet meet the required criteria.

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 (%)

30-Jun-2025
  • Fund name Percentage
    Fidelity Multi-Sector Bond Hedged Multi-Asset Base Fund 22.0
    Fidelity Strategic Income Fund 21.7
  • Fund name Percentage
    Fidelity Greater Canada Fund - Series O 18.4
    Fidelity Canadian Large Cap Multi-Asset Base Fund 12.8
  • Fund name Percentage
    Fidelity Global Innovators Investment Trust 19.4
  • Fund name Percentage
    Fidelity Global Value Long/Short Fund - Series O 5.4
  • Fund name Percentage
    Fidelity Canadian Money Market Investment Trust 0.2
    Net other assets 0.2

Allocation

Asset mix (%)

30-Jun-2025
Long Short Net
Foreign Equities 39.0 -2.7 36.4
Foreign Bonds 27.7 - 27.7
Canadian Equities 17.8 - 17.8
Convertibles 0.6 - 0.6
High Yield Bonds 0.5 - 0.5
Investment Grade CMBS 0.4 - 0.4
Canadian Bonds 0.1 - 0.1
U.S. High Yield CMBS - - -
Futures, Options and Swaps 0.1 -0.2 -
Cash & Other 27.6 -23.5 4.1

Country mix (%)

30-Jun-2025
Long Short Net
United States 61.4 -2.6 58.9
Canada 18.6 - 18.6
United Kingdom 4.9 - 4.9
France 1.9 -0.1 1.9
Germany 1.7 -0.1 1.6
China 1.3 - 1.3
Taiwan 0.8 - 0.8
Japan 0.8 - 0.8
Netherlands 0.8 - 0.8
South Korea 0.7 -0.1 0.6
Switzerland 0.6 - 0.6
Mexico 0.5 - 0.5
Italy 0.4 - 0.4
Brazil 0.4 - 0.4
Dominican Republic 0.3 - 0.3
Colombia 0.3 - 0.3
Ireland 0.3 - 0.3
Denmark 0.2 - 0.2
Australia 0.3 -0.1 0.2
Israel 0.2 - 0.2
Uruguay 0.2 - 0.2
Finland 0.2 - 0.2
Belgium 0.2 - 0.2
Turkey 0.2 - 0.2
United Arab Emirates 0.1 - 0.1
Saudi Arabia 0.1 - 0.1
Chile 0.1 - 0.1
Panama 0.1 - 0.1
Poland 0.1 - 0.1
Indonesia 0.1 - 0.1
Nigeria 0.1 - 0.1
Argentina 0.1 - 0.1
Multinational 0.1 - 0.1
Egypt 0.1 - 0.1
Greece 0.1 - 0.1
South Africa 0.1 - 0.1
Spain 0.1 - 0.1
Oman 0.1 - 0.1
Romania 0.1 - 0.1
Sweden 0.1 - 0.1
Angola 0.1 - 0.1
Ukraine 0.1 - 0.1
Hungary 0.1 - 0.1
Ecuador 0.1 - 0.1
Peru 0.1 - 0.1
Qatar 0.1 - 0.1
Guatemala 0.1 - 0.1
Malaysia 0.1 - 0.1
Czech Republic 0.1 - 0.1
Bahrain - - -
Pakistan - - -
Costa Rica - - -
Puerto Rico - - -
Hong Kong - - -
Sri Lanka - - -
Norway - - -
Venezuela - - -
Morocco - - -
Cote D'Ivoire - - -
Serbia - - -
Philippines - - -
El Salvador - - -
Grand Cayman (UK Overseas Territory) - - -
Paraguay - - -
Uzbekistan - - -
Kenya - - -
Kazakhstan - - -
Lebanon - - -
Montenegro - - -
Macau - - -
Portugal - - -
Austria - - -
Azerbaijan - - -
GHANA - - -
India - - -
Luxembourg - - -
Jordan - - -
Mongolia - - -
New Zealand - - -
Rwanda - - -
Singapore - - -
Senegal - - -
Thailand - - -
Vietnam - - -
Zambia - - -
Armenia - - -
Benin - - -
Bermuda - - -
Gabon - - -
Jamaica - - -
Madagascar - - -

Sector mix (%)

30-Jun-2025
Long Short Net
Information Technology 13.3 -0.8 12.5
Consumer Staples 10.6 - 10.6
Communication Services 6.5 -0.2 6.3
Consumer Disc. 6.6 -0.6 6.0
Industrials 6.1 -0.2 5.9
Financials 5.4 -0.9 4.6
Materials 2.8 - 2.8
Health Care 2.5 -0.1 2.4
Energy 2.1 - 2.1
Utilities 1.4 -0.1 1.3
Real Estate 0.2 - 0.2

Portfolio managers