Overview

$19.4870
0.33% ($0.06)
August 13, 2025
Asset Class Canadian Neutral Balanced
Risk Low to Medium
MER 1 2.10%
Net Assets $604.85 M
Inception Date October 28, 2013
Fund Status Open to switches-in only
Geographic Allocation
A map of Canada.

Geographic Allocation
A map of Canada.

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

Underlying Fund

Fidelity Monthly Income Fund

Underlying Fund Manager

Fidelity Investments Canada ULC

Investment Objective

The Fund aims to achieve a combination of a steady flow of income and the potential for capital gains. It invests primarily in a mix of Canadian equity securities, Canadian fixed income securities, U.S. commercial mortgage-backed securities, and U.S. higher yielding, lower quality fixed income securities, preferred stocks and convertible securities. The Fund can invest in these securities either directly or indirectly through investments in underlying funds.

Fund Codes

F-Class FE BE LL Elite FE Elite BE Elite LL
— — — — MRP1809 MRP1327 MRP1529
Fund Status — — — — SWO SWO SWO
MRP1328 — — — — — —
Fund Status SWO — — — — — —
— MRP1815 MRP1078 MRP1534 — — —
Fund Status — SWO SWO SWO — — —

Elite

F-Class — —
FE — —
BE — —
LL — —
Elite FE MRP1809 SWO
Elite BE MRP1327 SWO
Elite LL MRP1529 SWO

F-Class (selected)

F-Class MRP1328 SWO
FE — —
BE — —
LL — —
Elite FE — —
Elite BE — —
Elite LL — —

Front-end, Back-end, Low-load

F-Class — —
FE MRP1815 SWO
BE MRP1078 SWO
LL MRP1534 SWO
Elite FE — —
Elite BE — —
Elite LL — —
F-Class FE BE LL Elite FE Elite BE Elite LL
Elite — — — — MRP1809 MRP1327 MRP1529
Fund Status — — — — SWO SWO SWO
F-Class MRP1328 — — — — — —
Fund Status SWO — — — — — —
Front-end, Back-end, Low-load — MRP1815 MRP1078 MRP1534 — — —
Fund Status — SWO SWO SWO — — —

Resources

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
0.90 3.83 3.79 6.45 10.10 7.43 6.53 4.67 5.00
0.99 4.16 4.48 7.27 11.05 8.90 7.73 5.47 5.70
0.80 3.55 3.27 5.83 8.52 6.43 5.64 3.86 4.21

Elite

1 month 0.90
3 months 3.83
6 months 3.79
YTD 6.45
1 year 10.10
3 years 7.43
5 years 6.53
10 years 4.67
Inception 5.00

F-Class

1 month 0.99
3 months 4.16
6 months 4.48
YTD 7.27
1 year 11.05
3 years 8.90
5 years 7.73
10 years 5.47
Inception 5.70

Front-end, Back-end, Low-load

1 month 0.80
3 months 3.55
6 months 3.27
YTD 5.83
1 year 8.52
3 years 6.43
5 years 5.64
10 years 3.86
Inception 4.21
1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
Elite 0.90 3.83 3.79 6.45 10.10 7.43 6.53 4.67 5.00
F-Class (selected) 0.99 4.16 4.48 7.27 11.05 8.90 7.73 5.47 5.70
Front-end, Back-end, Low-load 0.80 3.55 3.27 5.83 8.52 6.43 5.64 3.86 4.21

Calendar Returns (%)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
— 7.82 1.06 6.44 1.90 -2.67 10.90 5.89 10.22 -5.71 5.25 11.40
— 7.89 1.34 6.77 2.38 -2.19 11.41 6.16 10.77 -4.23 6.98 12.59
— 7.13 0.36 5.70 1.21 -3.32 10.14 4.95 9.52 -6.36 4.59 10.01

Elite

2013 —
2014 7.82
2015 1.06
2016 6.44
2017 1.90
2018 -2.67
2019 10.90
2020 5.89
2021 10.22
2022 -5.71
2023 5.25
2024 11.40

F-Class

2013 —
2014 7.89
2015 1.34
2016 6.77
2017 2.38
2018 -2.19
2019 11.41
2020 6.16
2021 10.77
2022 -4.23
2023 6.98
2024 12.59

Front-end, Back-end, Low-load

2013 —
2014 7.13
2015 0.36
2016 5.70
2017 1.21
2018 -3.32
2019 10.14
2020 4.95
2021 9.52
2022 -6.36
2023 4.59
2024 10.01
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Elite — 7.82 1.06 6.44 1.90 -2.67 10.90 5.89 10.22 -5.71 5.25 11.40
F-Class (selected) — 7.89 1.34 6.77 2.38 -2.19 11.41 6.16 10.77 -4.23 6.98 12.59
Front-end, Back-end, Low-load — 7.13 0.36 5.70 1.21 -3.32 10.14 4.95 9.52 -6.36 4.59 10.01

Portfolio Allocation as of June 30, 2025

Asset Allocation (%)

Asset Allocation pie chart.
Equities 62.23
Fixed income 33.36
Mutual funds 2.42
Other -0.05
Cash and equivalents -0.59

Geographic Allocation (%)

Geographic Allocation pie chart.
Canada 67.36
United States 13.49
United Kingdom 5.37
France 1.41
China 1.37
Germany 1.30
Japan 1.16
Taiwan 1.02
South Korea 0.84
India 0.82
Other 5.85

Sector Allocation (%)

Sector Allocation pie chart.
Financials 19.61
Consumer staples 16.82
Information tech. 12.19
Industrials 8.30
Communication serv. 8.14
Energy 7.41
Materials 6.75
Utilities 5.78
Health care 5.19
Real Estate 4.94
Cons. discrectionary 4.86

Fixed Income Allocation (%)

Canadian government bonds 21.26
Canadian provincial bonds 17.21
U.S. government bonds 14.22
Canadian investment grade bonds 11.05
Canadian Corporate Bonds 8.23
International government bonds 6.29
U.S. Mortgage-backed Securities 4.68
Other Fixed income 4.58
International investment grade bonds 2.57
U.S. investment grade bonds 2.13
Other 7.79

Top 10 Holdings (%)

United States Treasury Note, 4.38%, 5/15/2034 2.52
Fidelity American High Yield Fund 2.42
ISHARES CORE MSCI EAFE 2.12
iShares Comex Gold Trust ETF 2.02
Toronto-Dominion Bank Com New 1.73
High Yield Investments Directly Held 1.53
Bx Commercial Mortgage Trust 2022-Lp2, 2/16/2027 1.43
Royal Bank of Canada 1.40
Metro Inc. 1.11
Alimentation Couche-Tard Inc. 1.11

Historical Net Asset Values

Fees

 
F-Class
Elite
Front-end, Back-end, Low-load
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
0.95 0.00 2.10
1.23 0.00 2.47
1.86 0.00 3.11

F-Class

Management Fee (%) 0.95
Insurance Fee (%) 0.00
Management Expense Ratio (%) 2.10

Elite

Management Fee (%) 1.23
Insurance Fee (%) 0.00
Management Expense Ratio (%) 2.47

Front-end, Back-end, Low-load

Management Fee (%) 1.86
Insurance Fee (%) 0.00
Management Expense Ratio (%) 3.11
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
Elite 1.23 0.00 2.47
F-Class (selected) 0.95 0.00 2.10
Front-end, Back-end, Low-load 1.86 0.00 3.11