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Fidelity Corporate Bond Fund

Fund code: 1634

  • NAV
    $9.62 -$0.08 / -0.86%
    27-Sep-2022
  • Inception 20-Sep-2010
  • Benchmark FTSE Canada All Corporate Bond 5% Capped Index
  • Aggregate assets
    (all series)
    $80.8M
    31-Aug-2022
  • MER 1.50%
    31-Dec-2021
  • Distributions
  • Trailing 12 month yield 2.51%
    31-Aug-2022
  • Yield To Worst 5.48%
    31-Aug-2022
  • Duration 6.2 years
    31-Jul-2022
  • Morningstar category Canadian Corporate Fixed Income
  • Also available through: Class CDN$
  • 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-Aug-2022

YTD 2022 2021 2020 2019 2018 2017 2016 2015
Fund -11.29 -1.41 7.67 8.32 -0.62 3.34 3.97 -0.68

Standard period returns†† (%) 31-Aug-2022

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund -2.02 -1.09 -7.69 -11.57 -2.05 0.39 1.56 2.25

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-Aug-2022

Fund
Annualized standard deviation 7.73
Beta 1.13
0.96

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-Jul-2022

Credit quality (%)

31-Jul-2022
12 months ago Last month Current month
AAA 3.6 3.5 3.4
AA 7.6 6.7 7.1
A 26.1 30.7 31.0
BBB 43.7 41.7 40.8
BB 6.9 6.8 6.5
B 1.9 1.4 1.4
CCC & Below 0.7 0.5 0.5
Cash & Net Other Assets 0.8 2.2 2.5
Not Rated/Not Available 8.8 6.6 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 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 152
Aggregate of top issuers 13.9%
  1. Bell Canada
  2. TransCanada PipeLines
  3. Toronto-Dominion Bank
  4. Royal Bank of Canada
  5. Ford Credit Canada
Total number of issuers 154
Aggregate of top issuers 15.0%
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