Fund code: 6774

  • NAV
    $8.83 $0.04 / 0.49%
    01-Feb-2023
  • Inception 25-Sep-2019
  • Benchmark Fidelity Canada Systematic Canadian Bond Index
  • Aggregate assets
    (all series)
    $8.8M
    31-Jan-2023
  • MER 0.95%
    30-Sep-2022
  • Distributions
  • Trailing 12 month yield 1.91%
    31-Jan-2023
  • Yield To Worst 4.89%
    31-Dec-2022
  • Duration 7.4 years
    31-Dec-2022
  • Morningstar category Canadian Fixed Income
  • Also available through: ETF CDN$
  • 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-Jan-2023

YTD 2023 2022 2021 2020
Fund 3.23 -12.50 -3.60 7.11

Standard period returns†† (%) 31-Jan-2023

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund 3.23 4.53 -0.11 -6.52 -3.42 -2.46

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-Dec-2022

Fund
Annualized standard deviation 8.34
Beta 1.18
0.93

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-Dec-2022

Country mix (%)

31-Dec-2022

Credit quality (%)

31-Dec-2022
12 months ago Last month Current month
AAA 13.5 14.5 13.9
AA 29.8 29.2 28.8
A 19.2 17.0 17.3
BBB 35.4 35.5 37.5
BB 1.2 - -
Cash & Net Other Assets 0.6 2.3 1.1
Not Rated/Not Available 0.5 1.4 1.5

Top five issuers

  1. Government of Canada
  2. Province of Ontario
  3. Province of Quebec
  4. Bell Canada
  5. Toronto-Dominion Bank
Total number of issuers 141
Aggregate of top issuers 35.5%
  1. Government of Canada
  2. Province of Ontario
  3. Province of Quebec
  4. Province of Alberta
  5. Bell Canada
Total number of issuers 122
Aggregate of top issuers 36.4%
  1. Government of Canada
  2. Province of Ontario
  3. Province of Quebec
  4. Province of Alberta
  5. Bell Canada
Total number of issuers 118
Aggregate of top issuers 37.8%
  1. Government of Canada
  2. Province of Ontario
  3. Province of Quebec
  4. Province of Alberta
  5. Bell Canada
Total number of issuers 115
Aggregate of top issuers 34.9%
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