Overview
How This Account Works
THIS ACCOUNT IS LINKED TO THE PERFORMANCE OF THE FIDELITY MONTHLY INCOME FUND. When you invest in this account, you do not acquire an interest in this designated fund or purchase any units or legal interest in any security.
Account Details
| Inception date | May 23, 2014 |
|---|---|
| Asset class | Balanced Funds |
Underlying Fund 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. We can’t change the Fund’s investment objectives unless we get approval from a majority of unitholders who vote at a special meeting we call.
Designated Fund Details
| Fund name | Fidelity Monthly Income Fund |
|---|---|
| Inception date | November 6, 2003 |
| AUM | $7.45 billion |
| MER (audited) | 2.28% |
| Number of Positions | 6187 |
| Number of Bond Positions | 2817 |
| Number of Equity Positions | 2993 |
| Managed by | Fidelity Investments Canada ULC |
| Sub-advisor | FIAM LLC |
Performance
Performance of Fidelity Monthly Income Account
Compound Returns (%)
Manulife UL (0.00%*)
| 1 mth | 4.03 |
|---|---|
| 3 mth | 4.73 |
| 6 mth | 9.76 |
| YTD | 5.43 |
| 1 yr | 15.37 |
| 3 yr | 12.10 |
| 5 yr | 8.51 |
| 10 yr | 7.12 |
| Inception | 6.56 |
Calendar Returns (%)
Manulife UL (0.00%*)
| 2018 | -1.53 |
|---|---|
| 2019 | 12.15 |
| 2020 | 6.86 |
| 2021 | 11.51 |
| 2022 | -4.63 |
| 2023 | 6.50 |
| 2024 | 12.03 |
| 2025 | 13.68 |
Performance of Fidelity Monthly Income Fund
Growth of $10,000 over 10 years ±
Compound Returns (%)
| 1 mth | 3.95 |
|---|---|
| 3 mth | 4.48 |
| 6 mth | 9.21 |
| YTD | 5.26 |
| 1 yr | 14.22 |
| 3 yr | 10.98 |
| 5 yr | 7.43 |
| 10 yr | 6.05 |
| Inception | 6.82 |
Calendar Returns (%)
| 2018 | -2.51 |
|---|---|
| 2019 | 11.03 |
| 2020 | 5.79 |
| 2021 | 10.39 |
| 2022 | -5.58 |
| 2023 | 5.44 |
| 2024 | 10.90 |
| 2025 | 12.54 |
Portfolio Allocation as of January 31, 2026
Asset Allocation (%)
| Name | Weight % |
|---|---|
| Equities | 63.56% |
| Fixed income | 33.17% |
| Cash and equivalents | 3.20% |
| Other | -0.03% |
Geographic Allocation (%)
| Name | Weight % |
|---|---|
| Canada | 59.73% |
| United States | 20.40% |
| United Kingdom | 5.15% |
| France | 1.35% |
| Japan | 1.32% |
| Taiwan | 1.30% |
| South Korea | 0.92% |
| Germany | 0.86% |
| China | 0.85% |
| India | 0.68% |
| Other | 7.45% |
Top 5 Bond Holdings (%)
| Name | Weight % |
|---|---|
| United States Treasury Note, 4.38%, 5/15/2034 | 1.20% |
| Gov. of Canada, 3.25%, 9/1/2028 | 0.55% |
| Gov. of Canada, 1.5%, 6/1/2031 | 0.52% |
| Gov. of Canada, 3.5%, 9/1/2029 | 0.45% |
| Gov. of Canada, 1.25%, 12/1/2047 | 0.44% |
Top 5 Equity Holdings (%)
| Name | Weight % |
|---|---|
| Royal Bank of Canada Com | 1.70% |
| Alimentation Couche-Tard Inc. Com | 1.27% |
| Constellation Software Inc. Com | 1.16% |
| BCE Inc. Com New | 1.13% |
| British American Tobacco PLC Shs | 1.10% |
Distributions
| Effective Date | Net Asset Value |
|---|---|
| 2026/04/02 | $204.7699 |
| 2026/04/01 | $204.1148 |
| 2026/03/31 | $201.4942 |
| 2026/03/30 | $200.7447 |
| 2026/03/27 | $201.0680 |
| 2026/03/26 | $202.7535 |
| 2026/03/25 | $200.8150 |
| 2026/03/24 | $201.3647 |
| 2026/03/23 | $199.5690 |
| 2026/03/20 | $202.3059 |
| 2026/03/19 | $203.1344 |
| 2026/03/18 | $205.3656 |
| 2026/03/17 | $204.9370 |
| 2026/03/16 | $203.4497 |
| 2026/03/13 | $203.4070 |
| 2026/03/12 | $204.9282 |
| 2026/03/11 | $206.1599 |
| 2026/03/10 | $206.0154 |
| 2026/03/09 | $205.3480 |
| 2026/03/06 | $207.2052 |
| 2026/03/05 | $208.5174 |
| 2026/03/04 | $208.2031 |
| 2026/03/03 | $210.9309 |
| 2026/03/02 | $211.3059 |
| 2026/02/27 | $211.2063 |
| 2026/02/26 | $210.6174 |
| 2026/02/25 | $210.6614 |
| 2026/02/24 | $210.2758 |
| 2026/02/23 | $210.2380 |
| 2026/02/20 | $209.2365 |
| 2026/02/19 | $208.9421 |
| 2026/02/18 | $207.9753 |
| 2026/02/17 | $208.3378 |
| 2026/02/13 | $207.0170 |
| 2026/02/12 | $207.8037 |
| 2026/02/11 | $207.3879 |
| 2026/02/10 | $206.8664 |
| 2026/02/09 | $206.2172 |
| 2026/02/06 | $204.6926 |
| 2026/02/05 | $205.7148 |
| 2026/02/04 | $204.3851 |
| 2026/02/03 | $203.8230 |
| 2026/02/02 | $203.1206 |
| 2026/01/30 | $204.6736 |
| 2026/01/29 | $205.0832 |
| 2026/01/28 | $205.3734 |
| 2026/01/27 | $205.8719 |
| 2026/01/26 | $205.5119 |
| 2026/01/23 | $205.5256 |
| 2026/01/22 | $205.0160 |
| 2026/01/21 | $203.9747 |
| 2026/01/20 | $205.1566 |
| 2026/01/19 | $205.7973 |
| 2026/01/16 | $205.8278 |
| 2026/01/15 | $205.5705 |
| 2026/01/14 | $204.8904 |
| 2026/01/13 | $205.2527 |
| 2026/01/12 | $204.8971 |
| 2026/01/09 | $203.6520 |
| 2026/01/08 | $202.7890 |
| 2026/01/07 | $203.2088 |
| 2026/01/06 | $202.4160 |
| 2026/01/05 | $201.2560 |
| 2026/01/02 | $200.4225 |
| 2025/12/31 | $200.8350 |
| 2025/12/30 | $200.8155 |
| 2025/12/29 | $200.7813 |
| 2025/12/24 | $200.7314 |
| 2025/12/23 | $200.5391 |
| 2025/12/22 | $200.1715 |
| 2025/12/19 | $199.9053 |
| 2025/12/18 | $199.3312 |
| 2025/12/17 | $199.3769 |
| 2025/12/16 | $200.0585 |
| 2025/12/15 | $199.6121 |
| 2025/12/12 | $200.0324 |
| 2025/12/11 | $199.6326 |
| 2025/12/10 | $199.0424 |
| 2025/12/09 | $199.3665 |
| 2025/12/08 | $199.5975 |
| 2025/12/05 | $201.1049 |
| 2025/12/04 | $200.8306 |
| 2025/12/03 | $200.5685 |
| 2025/12/02 | $200.9421 |
| 2025/12/01 | $201.7538 |
| 2025/11/28 | $201.6375 |
| 2025/11/27 | $201.5960 |
| 2025/11/26 | $200.9737 |
| 2025/11/25 | $199.7037 |
| 2025/11/24 | $199.0704 |
| 2025/11/21 | $197.9352 |
| 2025/11/20 | $198.4706 |
| 2025/11/19 | $198.0721 |
| 2025/11/18 | $198.9434 |
| 2025/11/17 | $199.6204 |
| 2025/11/14 | $199.9220 |
| 2025/11/13 | $201.1785 |
| 2025/11/12 | $200.1710 |
| 2025/11/11 | $199.4499 |
| 2025/11/10 | $198.4001 |
| 2025/11/07 | $198.5610 |
| 2025/11/06 | $198.8130 |
| 2025/11/05 | $197.8554 |
| 2025/11/04 | $198.6515 |
| 2025/11/03 | $198.5434 |
| 2025/10/31 | $198.2796 |
| 2025/10/30 | $198.1241 |
| 2025/10/29 | $199.6582 |
| 2025/10/28 | $200.1072 |
| 2025/10/27 | $199.9456 |
| 2025/10/24 | $199.4634 |
| 2025/10/23 | $199.2633 |
| 2025/10/22 | $199.2321 |
| 2025/10/21 | $200.6394 |
| 2025/10/20 | $199.5841 |
| 2025/10/17 | $200.0098 |
| 2025/10/16 | $199.7946 |
| 2025/10/15 | $198.8819 |
| 2025/10/14 | $196.9576 |
| 2025/10/10 | $198.1858 |
| 2025/10/09 | $198.6681 |
| 2025/10/08 | $198.3802 |
| 2025/10/07 | $198.6148 |
| 2025/10/06 | $198.8261 |