Overview

Quick Facts

Daily Price

$50.7499
0.08% ($0.04)
April 24, 2026

Summary Stats

Asset Class Canadian Equity Balanced
Risk Low to Medium
MER 1 3.54%
Net Assets $830.76 M
Inception Date January 02, 1997
Fund Status Open to switches-in only
Geographic Allocation
A map of Canada.
A map of Canada.

Geographic Allocation

A map of Canada.
A map of Canada.

Growth of $10,000

A chart thumbnail displaying change in value of $10,000 invested in this fund.
A chart thumbnail displaying change in value of $10,000 invested in this fund. 

Underlying Fund

Fidelity Canadian Asset Allocation Fund

Underlying Fund Manager

Fidelity Investments Canada ULC

Investment Objective

The Fund aims to achieve high total investment return. The Fund uses an asset allocation approach. It invests primarily in a mix of Canadian equity securities, fixed-income securities and money market instruments.

Fund Codes

FE BE
MIF222 MIF022
Fund Status SWO SWO
MIF622 MIF722
Fund Status SWO SWO

Series 1 - 100% (selected)

FE MIF222 SWO
BE MIF022 SWO

Series 2 - 75%

FE MIF622 SWO
BE MIF722 SWO
FE BE
Series 1 - 100% MIF222 MIF022
Fund Status SWO SWO
Series 2 - 75% MIF622 MIF722
Fund Status SWO SWO

Performance ±

Growth Chart

Jump to Range
Total return for this timeframe
Growth Chart

Compound Returns (%)

1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
-5.52 2.97 6.53 2.97 17.12 10.73 7.27 6.14 5.60
-5.48 3.08 6.76 3.08 17.63 11.22 7.75 6.61 5.20

Series 1 - 100%

1 month -5.52
3 months 2.97
6 months 6.53
YTD 2.97
1 year 17.12
3 years 10.73
5 years 7.27
10 years 6.14
Inception 5.60

Series 2 - 75%

1 month -5.48
3 months 3.08
6 months 6.76
YTD 3.08
1 year 17.63
3 years 11.22
5 years 7.75
10 years 6.61
Inception 5.20
1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
Series 1 - 100% (selected) -5.52 2.97 6.53 2.97 17.12 10.73 7.27 6.14 5.60
Series 2 - 75% -5.48 3.08 6.76 3.08 17.63 11.22 7.75 6.61 5.20

Calendar Returns (%)

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
7.78 14.82 4.55 -1.73 -6.36 12.77 9.68 13.00 10.63 4.88 -20.20 23.33 8.53 -6.52 1.36 8.68 8.42 -2.04 5.72 3.58 -5.21 12.45 6.47 14.28 -8.93 8.85 10.93 13.41
0.06 -5.96 13.25 10.16 13.49 11.12 5.33 -19.85 23.85 8.99 -6.13 1.79 9.16 8.90 -1.60 6.20 4.04 -4.79 12.95 6.94 14.79 -8.53 9.32 11.43 13.91

Series 1 - 100%

1997
1998 7.78
1999 14.82
2000 4.55
2001 -1.73
2002 -6.36
2003 12.77
2004 9.68
2005 13.00
2006 10.63
2007 4.88
2008 -20.20
2009 23.33
2010 8.53
2011 -6.52
2012 1.36
2013 8.68
2014 8.42
2015 -2.04
2016 5.72
2017 3.58
2018 -5.21
2019 12.45
2020 6.47
2021 14.28
2022 -8.93
2023 8.85
2024 10.93
2025 13.41

Series 2 - 75%

1997
1998
1999
2000
2001 0.06
2002 -5.96
2003 13.25
2004 10.16
2005 13.49
2006 11.12
2007 5.33
2008 -19.85
2009 23.85
2010 8.99
2011 -6.13
2012 1.79
2013 9.16
2014 8.90
2015 -1.60
2016 6.20
2017 4.04
2018 -4.79
2019 12.95
2020 6.94
2021 14.79
2022 -8.53
2023 9.32
2024 11.43
2025 13.91
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Series 1 - 100% (selected) 7.78 14.82 4.55 -1.73 -6.36 12.77 9.68 13.00 10.63 4.88 -20.20 23.33 8.53 -6.52 1.36 8.68 8.42 -2.04 5.72 3.58 -5.21 12.45 6.47 14.28 -8.93 8.85 10.93 13.41
Series 2 - 75% 0.06 -5.96 13.25 10.16 13.49 11.12 5.33 -19.85 23.85 8.99 -6.13 1.79 9.16 8.90 -1.60 6.20 4.04 -4.79 12.95 6.94 14.79 -8.53 9.32 11.43 13.91

Portfolio Allocation as of February 28, 2026

Asset Allocation (%)

Asset Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Asset Allocation pie chart.
Name Weight %
Equities 80.98
Fixed income 15.73
Cash and equivalents -2.17

Geographic Allocation (%)

Geographic Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Geographic Allocation pie chart.
Name Weight %
Canada 88.94
United Kingdom 1.22
Taiwan 1.07
South Korea 0.90
China 0.87
India 0.71
United States 0.51
South Africa 0.43
Brazil 0.43
Japan 0.40
Other 4.53

Sector Allocation (%)

Sector Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.

Sector Allocation pie chart.
Name Weight %
Financials 24.53
Materials 19.88
Industrials 18.80
Energy 12.31
Information tech. 8.89
Cons. discrectionary 5.11
Consumer staples 4.21
Utilities 2.13
Communication serv. 1.84
Real Estate 1.38
Health care 0.93

Fixed Income Allocation (%)

Fixed Income Allocation table combined with a bar chart. The bars are under each row, representing the relative value of each table entry.

Canadian provincial bonds 33.20
Canadian government bonds 24.03
International government bonds 12.75
Canadian Corporate Bonds 10.68
Canadian investment grade bonds 7.88
Convertibles 2.06
U.S. Corporate Bonds 1.80
Canadian municipal bonds 1.62
Canadian Mortgage-backed Securities 0.97
International investment grade bonds 0.88
Other 4.13

Top 10 Holdings (%)

Name Weight %
Royal Bank of Canada 4.65
Toronto-Dominion Bank Com New 3.07
Agnico-Eagle Mines Ltd. 2.90
Barrick Gold Corporation 2.36
Canadian Pacific Kansas City Limited 2.34
Suncor Energy Inc. 1.90
Bank of Montreal 1.85
Bank of Nova Scotia (The) 1.80
Shopify Inc. Cl A Sub Vtg Shs 1.77
Canadian Imperial Bank of Commerce 1.71

Historical Net Asset Values

Fees

 
Series 1 - 100% (selected)
Series 2 - 75%
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
2.15 0.00 3.54
2.15 0.00 3.10

Series 1 - 100%

Management Fee (%) 2.15
Insurance Fee (%) 0.00
Management Expense Ratio (%) 3.54

Series 2 - 75%

Management Fee (%) 2.15
Insurance Fee (%) 0.00
Management Expense Ratio (%) 3.10
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
Series 1 - 100% (selected) 2.15 0.00 3.54
Series 2 - 75% 2.15 0.00 3.10