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Fidelity Multi-Sector Bond Currency Neutral Fund

Fund code: 5755

  • NAV
    $8.82 -$0.03 / -0.28%
    24-Jun-2022
  • Inception 10-May-2017
  • Benchmark Bloomberg U.S. Aggregate Bond Index - Hedged CAD
  • Aggregate assets
    (all series)     $812.4M
    31-May-2022
  • MER 1.42%
    30-Sep-2021
  • Distributions
  • Trailing 12 month yield 1.74%
    31-May-2022
  • Yield To Worst 4.84%
    31-May-2022
  • Duration 5.5 years
    30-Apr-2022
  • Morningstar category Global Fixed Income
  • Also available through: Trust US$ and Trust 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-May-2022

YTD 2022 2021 2020 2019 2018
Fund -8.41 0.00 6.61 10.37 -2.48

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

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund -1.10 -5.76 -8.31 -6.83 0.60 1.10 1.29

Why invest in this fund?

  • Seeks to deliver attractive total returns by leveraging Fidelity’s top-down asset allocation expertise with bottom-up security selection.
  • The portfolio managers can utilize a variety of tactical tools to drive returns, including asset allocation, sector rotation, security selection, yield curve positioning and foreign currency exposures.
  • Employs a disciplined investment process that seeks to deliver strong risk-adjusted returns while mitigating a range of key fixed-income risks.

Risk measures (%) 31-May-2022

Fund
Annualized standard deviation 6.18
Beta 0.92
R² 0.45

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-Apr-2022

Country mix (%)

30-Apr-2022

Credit quality (%)

30-Apr-2022
12 months ago Last month Current month
AAA 22.7 19.4 26.9
AA 5.5 3.4 3.1
A 2.7 3.4 3.1
BBB 25.3 27.2 24.3
BB 21.7 19.0 17.0
B 12.8 10.7 10.6
CCC & Below 1.1 1.0 1.0
Cash & Net Other Assets 3.6 7.3 5.5
Not Rated/Not Available 4.7 8.4 8.5

Top five issuers

  1. United States Treasury Bond
  2. U.S. Treasury Notes
  3. United Mexican States
  4. Bank of Nova Scotia
  5. Petroleos Mexicanos
Total number of issuers 133
Aggregate of top issuers
  1. United States Treasury Bond
  2. U.S. Treasury Notes
  3. United Mexican States
  4. Bank of Nova Scotia
  5. Petroleos Mexicanos
Total number of issuers 137
Aggregate of top issuers
  1. United States Treasury Bond
  2. U.S. Treasury Notes
  3. United Mexican States
  4. CHICAGO BOARD OF TRADE
  5. Petroleos Mexicanos
Total number of issuers 142
Aggregate of top issuers 25.0%
  1. United States Treasury Bond
  2. U.S. Treasury Notes
  3. United Mexican States
  4. CHICAGO BOARD OF TRADE
  5. Petroleos Mexicanos
Total number of issuers 149
Aggregate of top issuers 26.6%
Total number of issuers 0
Aggregate of top issuers 21.9%
Total number of issuers 0
Aggregate of top issuers 22.3%
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Portfolio managers

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