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Fidelity Tactical Fixed Income Fund - US$

Fund code: 2844

  • NAV
    $5.87 $0.02 / 0.30%
    16-Aug-2022
  • Inception 09-May-2012
  • Benchmark FTSE Canada Universe Bond Index
  • Aggregate assets
    (all series)
    $201.1M
    31-Jul-2022
  • MER 1.39%
    31-Dec-2021
  • Distributions
  • Yield To Worst 4.52%
    31-Jul-2022
  • Duration 7.5 years
    30-Jun-2022
  • Morningstar category Canadian Fixed Income
  • Also available through: Trust CDN$
  • 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-Jul-2022

YTD 2022 2021 2020 2019 2018 2017 2016 2015
Fund -11.38 -1.56 10.07 13.72 -8.47 9.71 5.82 -15.34

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

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 4.54 0.75 -7.81 -12.72 -0.64 0.17 -1.04 -0.86

Why invest in this fund?

  • A core fixed-income fund that aims to provide investors with income and potentially higher yields by investing across multiple fixed-income asset classes.
  • Leverages Fidelity’s global resources and expertise in fixed-income investing.

Risk measures (%) 31-Jul-2022

Fund
Annualized standard deviation 7.27
Beta 1.09
0.88

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-Jun-2022

Sector mix (%)

30-Jun-2022
12 months ago Last month Current month
Canadian Corporate Bonds 29.1 26.9 28.0
Canadian Provincial Bonds 30.7 27.6 27.7
Canadian Agency Bonds 5.8 7.1 7.3
Canadian Federal Bonds 5.8 6.7 6.9
Canadian Municipal Bonds 1.2 1.3 1.4

Credit quality (%)

30-Jun-2022
12 months ago Last month Current month
AAA 16.4 18.8 19.4
AA 31.3 28.3 28.6
A 11.1 12.2 12.7
BBB 21.8 21.1 21.9
BB 6.5 6.9 7.0
B 4.1 3.8 3.7
CCC & Below 0.8 0.6 0.6
Cash & Net Other Assets 1.7 3.4 1.9
Not Rated/Not Available 6.4 4.9 4.3

Top five issuers

  1. Province of Ontario
  2. Government of Canada
  3. Province of Quebec
  4. Canada Housing Trust No. 1
  5. Province of Alberta
Total number of issuers 78
Aggregate of top issuers 31.0%
  1. Province of Ontario
  2. Province of Quebec
  3. Government of Canada
  4. Canada Housing Trust No. 1
  5. Province of Alberta
Total number of issuers 75
Aggregate of top issuers 30.8%
  1. Province of Ontario
  2. Province of Quebec
  3. Government of Canada
  4. Canada Housing Trust No. 1
  5. Province of Alberta
Total number of issuers 71
Aggregate of top issuers 32.4%
  1. Province of Ontario
  2. Province of Quebec
  3. Government of Canada
  4. Canada Housing Trust No. 1
  5. Province of Alberta
Total number of issuers 67
Aggregate of top issuers 31.9%
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