Fund code: 1634

  • NAV $10.31 -$0.04 / -0.43%
    12-Nov-2024
  • Inception 20-Sep-2010
  • Benchmark FTSE Canada All Corporate Bond 5% Capped Index
  • Aggregate assets
    (all series)
    $67.9M
    31-Oct-2024
  • MER 1.31%
    30-Jun-2024
  • Distributions
  • Trailing 12 month yield 3.46%
    31-Oct-2024
  • Yield To Worst 4.65%
    30-Sep-2024
  • Duration 5.9 years
    30-Sep-2024
  • Morningstar category Canadian Corporate Fixed Income
  • Also available through Class CDN$
  • 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-Oct-2024

YTD 2024 2023 2022 2021 2020 2019 2018 2017
Fund 4.74 7.98 -11.62 -1.41 7.67 8.32 -0.62 3.34

Standard period returns (%) 31-Oct-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund -0.60 1.81 6.21 12.65 0.47 1.22 2.09 2.76

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-2024

Fund
Annualized standard deviation 6.50
Beta 1.01
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-Sep-2024

Credit quality (%)

30-Sep-2024
12 months ago Last month Current month
AAA 3.3 3.8 3.7
AA 6.0 5.3 5.3
A 29.8 27.6 28.0
BBB 48.9 48.9 47.9
BB 4.6 4.8 4.8
B 0.8 0.8 0.9
CCC & Below 0.3 0.3 0.4
Cash & Net Other Assets 1.3 1.1 0.9
Not Rated/Not Available 5.1 7.4 8.1

Top five issuers

  1. Bell Canada
  2. TransCanada PipeLines
  3. Enbridge
  4. Bank of Nova Scotia
  5. Royal Bank of Canada
Total number of issuers 145
Aggregate of top issuers 18.0%
  1. Bell Canada
  2. TransCanada PipeLines
  3. Royal Bank of Canada
  4. Toronto-Dominion Bank
  5. Enbridge
Total number of issuers 142
Aggregate of top issuers 18.1%
  1. Bell Canada
  2. TransCanada PipeLines
  3. Toronto-Dominion Bank
  4. Royal Bank of Canada
  5. Bank of Nova Scotia
Total number of issuers 142
Aggregate of top issuers 17.0%
  1. Bell Canada
  2. TransCanada PipeLines
  3. Toronto-Dominion Bank
  4. Rogers Communications
  5. Enbridge
Total number of issuers 139
Aggregate of top issuers 16.8%
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