Skip to content

Fidelity Corporate Bond Fund

Fund code: 1634

  • NAV
    $9.92 $0.03 / 0.29%
    06-Dec-2022
  • Inception 20-Sep-2010
  • Benchmark FTSE Canada All Corporate Bond 5% Capped Index
  • Aggregate assets
    (all series)
    $78.1M
    30-Nov-2022
  • MER 1.50%
    30-Jun-2022
  • Distributions
  • Trailing 12 month yield 2.72%
    30-Nov-2022
  • Yield To Worst 6.00%
    31-Oct-2022
  • Duration 5.9 years
    31-Oct-2022
  • Morningstar category Canadian Corporate Fixed Income
  • Also available through: Class CDN$
  • Get Fund Facts

End investment

Annualized return

Choose a chart type (percentage or dollar)
Choose a predefined chart period
to:

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

Calendar returns†† (%) 30-Nov-2022

YTD 2022 2021 2020 2019 2018 2017 2016 2015
Fund -10.88 -1.41 7.67 8.32 -0.62 3.34 3.97 -0.68

Standard period returns†† (%) 30-Nov-2022

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 2.84 0.46 -0.64 -9.94 -1.92 0.29 1.46 2.24

Why invest in this fund?

  • Aims to invest in high-quality Canadian and foreign corporate debt, which can offer higher yields than government bonds.
  • Leverages Fidelity’s global resources and expertise in fixed-income investing.

Risk measures (%) 31-Oct-2022

Fund
Annualized standard deviation 7.77
Beta 1.13
0.97

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-2022

Credit quality (%)

31-Oct-2022
12 months ago Last month Current month
AAA 4.6 3.4 3.4
AA 7.0 5.8 5.8
A 25.1 32.9 33.1
BBB 44.1 40.7 40.6
BB 7.4 7.3 7.1
B 1.8 1.6 1.6
CCC & Below 0.6 0.5 0.5
Cash & Net Other Assets 1.0 1.7 1.0
Not Rated/Not Available 8.5 6.0 6.9

Top five issuers

  1. Bell Canada
  2. Toronto-Dominion Bank
  3. TransCanada PipeLines
  4. Bank of Nova Scotia
  5. Real Estate Asset Liquidity Trust
Total number of issuers 145
Aggregate of top issuers 16.2%
  1. Bell Canada
  2. Toronto-Dominion Bank
  3. TransCanada PipeLines
  4. Bank of Nova Scotia
  5. Real Estate Asset Liquidity Trust
Total number of issuers 146
Aggregate of top issuers 15.6%
  1. Bell Canada
  2. TransCanada PipeLines
  3. Royal Bank of Canada
  4. Toronto-Dominion Bank
  5. Real Estate Asset Liquidity Trust
Total number of issuers 148
Aggregate of top issuers 14.3%
  1. Bell Canada
  2. TransCanada PipeLines
  3. Ford Credit Canada
  4. Royal Bank of Canada
  5. Real Estate Asset Liquidity Trust
Total number of issuers 151
Aggregate of top issuers 13.9%
View all
Content is loading, please wait