Fund code: 6774

  • NAV $9.01 -$0.02 / -0.26%
    18-Sep-2024
  • Inception 25-Sep-2019
  • Benchmark Fidelity Canada Systematic Canadian Bond Index
  • Aggregate assets
    (all series)
    $45.6M
    31-Aug-2024
  • MER 0.96%
    31-Mar-2024
  • Distributions
  • Trailing 12 month yield 3.11%
    30-Aug-2024
  • Yield To Worst 4.30%
    31-Jul-2024
  • Duration 7.4 years
    31-Jul-2024
  • Morningstar category Canadian Fixed Income
  • Also available through ETF CDN$
  • Get Fund Facts

End investment

Annualized return

Choose a chart type (percentage or dollar)
Choose a predefined chart period
to:

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

Calendar returns (%) 31-Aug-2024

YTD 2024 2023 2022 2021 2020
Fund 2.51 6.90 -12.50 -3.60 7.11

Standard period returns (%) 31-Aug-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund 0.45 3.79 4.16 8.26 -1.43 -0.48

Why invest in this fund?

  • Increased yield potential relative to the broad bond universe due to increased corporate exposure.
  • Leverages Fidelity’s expertise in fixed-income investing and quantitative research.
  • Effective balance of both interest rate and credit risk.

Risk measures (%) 31-Aug-2024

Fund
Annualized standard deviation 7.24
Beta 1.04
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 (%)

31-Jul-2024

Country mix (%)

31-Jul-2024

Credit quality (%)

31-Jul-2024
12 months ago Last month Current month
AAA 13.6 13.8 13.8
AA 30.8 29.5 29.2
A 15.5 14.9 14.5
BBB 39.5 40.7 40.6
BB 0.1 - -
Cash & Net Other Assets 0.6 0.9 1.7
Not Rated/Not Available - 0.2 0.3

Top five issuers

  1. Province of Ontario
  2. Government of Canada
  3. Province of Quebec
  4. Bell Canada
  5. Enbridge
Total number of issuers 151
Aggregate of top issuers 36.2%
  1. Province of Ontario
  2. Government of Canada
  3. Province of Quebec
  4. Bell Canada
  5. Telus
Total number of issuers 150
Aggregate of top issuers 36.0%
  1. Province of Ontario
  2. Government of Canada
  3. Province of Quebec
  4. Bell Canada
  5. Rogers Communications
Total number of issuers 147
Aggregate of top issuers 36.1%
  1. Province of Ontario
  2. Government of Canada
  3. Province of Quebec
  4. Bell Canada
  5. Bank of Nova Scotia
Total number of issuers 146
Aggregate of top issuers 36.7%
View all