Fund code: 1444

  • NAV $12.34 $0.04 / 0.33%
    18-Jun-2024
  • Inception 22-Sep-2010
  • Benchmark FTSE Canada All Corporate Bond 5% Capped Index
  • Aggregate assets
    (all series)
    $9.0M
    31-May-2024
  • MER 1.34%
    30-Nov-2023
  • Distributions
  • Duration 5.7 years
    30-Apr-2024
  • Morningstar category Canadian Corporate Fixed Income
  • Also available through Trust CDN$ and Class T-Series
  • 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-2024

YTD 2024 2023 2022 2021 2020 2019 2018 2017
Fund 0.04 7.99 -11.63 -1.44 7.66 8.29 -0.66 3.32

Standard period returns (%) 31-May-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 1.44 0.61 3.52 5.54 -1.06 0.73 1.67 2.31

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-May-2024

Fund
Annualized standard deviation 6.35
Beta 1.02
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-Apr-2024

Credit quality (%)

30-Apr-2024
12 months ago Last month Current month
AAA 3.0 3.3 4.6
AA 5.7 5.6 5.5
A 30.9 29.0 27.6
BBB 46.1 49.6 49.2
BB 6.9 5.0 4.9
B 1.0 0.8 0.8
CCC & Below 0.3 0.3 0.3
Cash & Net Other Assets 1.1 0.9 1.6
Not Rated/Not Available 5.1 5.6 5.4

Top five issuers

  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%
  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%
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