Fund code: 1444

  • NAV
    $11.71 $0.06 / 0.50%
    29-Nov-2023
  • Inception 22-Sep-2010
  • Benchmark FTSE Canada All Corporate Bond 5% Capped Index
  • Aggregate assets
    (all series)
    $9.1M
    31-Oct-2023
  • MER 1.35%
    31-May-2023
  • Distributions
  • Duration 5.7 years
    31-Oct-2023
  • Morningstar category Canadian Corporate Fixed Income
  • Also available through Trust CDN$ and Class T-Series S5
  • 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-2023

YTD 2023 2022 2021 2020 2019 2018 2017 2016
Fund 0.40 -11.63 -1.44 7.66 8.29 -0.66 3.32 3.96

Standard period returns (%) 31-Oct-2023

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 0.15 -2.04 -3.18 2.40 -3.41 0.48 1.36 1.85

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.
  • See important closure notice*

Risk measures (%) 31-Oct-2023

Fund
Annualized standard deviation 5.63
Beta 1.01
0.98

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-2023

Credit quality (%)

31-Oct-2023
12 months ago Last month Current month
AAA 3.4 3.3 3.4
AA 5.8 6.0 5.8
A 33.1 29.8 28.6
BBB 40.6 48.9 49.2
BB 7.1 4.6 4.6
B 1.6 0.8 0.9
CCC & Below 0.5 0.3 0.3
Cash & Net Other Assets 1.0 1.3 2.4
Not Rated/Not Available 6.9 5.1 4.9

Top five issuers

  1. Bell Canada
  2. TransCanada PipeLines
  3. Toronto-Dominion Bank
  4. Rogers Communications
  5. Enbridge
Total number of issuers 137
Aggregate of top issuers 16.8%
  1. Bell Canada
  2. TransCanada PipeLines
  3. Bank of Nova Scotia
  4. Royal Bank of Canada
  5. Toronto-Dominion Bank
Total number of issuers 137
Aggregate of top issuers 17.1%
  1. Bell Canada
  2. Toronto-Dominion Bank
  3. Bank of Nova Scotia
  4. TransCanada PipeLines
  5. Royal Bank of Canada
Total number of issuers 141
Aggregate of top issuers 17.2%
  1. Bell Canada
  2. Toronto-Dominion Bank
  3. Bank of Nova Scotia
  4. TransCanada PipeLines
  5. Royal Bank of Canada
Total number of issuers 142
Aggregate of top issuers 16.8%
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