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Fidelity Corporate Bond Class Series B
Cdn Corp Fixed Income
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FundGrade D
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|
NAVPS (05-13-2026) |
$12.46 |
|---|---|
| Change |
$0.01
(0.11%)
|
As at April 30, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (September 22, 2010): 2.70%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.55% | -0.41% | -0.09% | 0.27% | 3.59% | 5.99% | 4.88% | 4.11% | 1.49% | 2.06% | 2.14% | 2.45% | 2.10% | 2.41% |
| Benchmark | 0.41% | -0.22% | 0.29% | 0.66% | 3.80% | 6.65% | 5.42% | 4.79% | 2.32% | 2.39% | 2.83% | 3.17% | 2.78% | 3.01% |
| Category Average | 0.40% | -0.35% | 0.02% | 0.35% | 3.41% | 6.16% | 4.92% | 4.32% | 1.68% | 2.08% | 2.29% | 2.54% | - | - |
| Category Rank | 7 / 144 | 105 / 144 | 101 / 144 | 105 / 144 | 69 / 131 | 74 / 120 | 80 / 112 | 80 / 103 | 77 / 96 | 63 / 89 | 66 / 86 | 64 / 83 | 57 / 77 | 53 / 74 |
| Quartile Ranking | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 3 | 3 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.72% | 0.44% | 0.04% | 0.21% | 1.52% | 0.71% | 0.14% | -0.50% | 0.69% | 0.82% | -1.76% | 0.55% |
| Benchmark | 0.75% | 0.27% | 0.04% | 0.18% | 1.54% | 0.68% | 0.27% | -0.63% | 0.89% | 1.16% | -1.77% | 0.41% |
Best Monthly Return Since Inception
5.02% (April 2020)
Worst Monthly Return Since Inception
-8.00% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.96% | 3.32% | -0.66% | 8.29% | 7.66% | -1.44% | -11.63% | 7.99% | 6.12% | 4.12% |
| Benchmark | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% | 7.09% | 4.33% |
| Category Average | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% | 6.68% | 4.15% |
| Quartile Ranking | 2 | 2 | 3 | 1 | 3 | 3 | 4 | 2 | 4 | 3 |
| Category Rank | 23/ 70 | 29/ 76 | 55/ 78 | 20/ 85 | 54/ 86 | 50/ 92 | 93/ 101 | 47/ 108 | 99/ 112 | 88/ 122 |
Best Calendar Return (Last 10 years)
8.29% (2019)
Worst Calendar Return (Last 10 years)
-11.63% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 84.34 |
| Foreign Corporate Bonds | 5.67 |
| Foreign Bonds - Funds | 5.23 |
| Cash and Equivalents | 1.39 |
| Canadian Government Bonds | 1.36 |
| Other | 2.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.67 |
| Cash and Cash Equivalent | 1.39 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.99 |
| Latin America | 1.34 |
| Other | 0.67 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity American High Yield Currency Neut Fd B | - |
| Bell Canada 6.55% 01-May-2029 | - |
| Transcanada Pipelines Ltd 7.90% 15-Apr-2027 | - |
| Enbridge Inc 4.24% 27-Aug-2042 | - |
| IGM Financial Inc 6.65% 13-Dec-2027 | - |
| Transcanada Pipelines Ltd 6.89% 07-Aug-2028 | - |
| Bank of Montreal 4.42% 17-Jun-2029 | - |
| SEC LP 5.19% 29-Aug-2033 | - |
| Hydro One Inc 6.35% 31-Jan-2034 | - |
| Enbridge Inc 5.38% 27-Sep-2027 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Corporate Bond Class Series B
Median
Other - Cdn Corp Fixed Income
3 Yr Annualized
| Standard Deviation | 4.32% | 5.31% | 5.36% |
|---|---|---|---|
| Beta | 1.03 | 1.06 | 1.06 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.98% | 0.96% |
| Sharpe | 0.29 | -0.23 | 0.12 |
| Sortino | 0.76 | -0.35 | -0.11 |
| Treynor | 0.01 | -0.01 | 0.01 |
| Tax Efficiency | 85.81% | 46.25% | 78.00% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.82% | 4.32% | 5.31% | 5.36% |
| Beta | 0.93 | 1.03 | 1.06 | 1.06 |
| Alpha | 0.00 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.97% | 0.99% | 0.98% | 0.96% |
| Sharpe | 0.42 | 0.29 | -0.23 | 0.12 |
| Sortino | 0.26 | 0.76 | -0.35 | -0.11 |
| Treynor | 0.01 | 0.01 | -0.01 | 0.01 |
| Tax Efficiency | 45.68% | 85.81% | 46.25% | 78.00% |
Fund Details
| Start Date | September 22, 2010 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID1444 |
Investment Objectives
The Fund aims to provide a steady flow of income. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to provide a steady flow of income by investing primarily in fixed income securities issued by Canadian and foreign companies. Currently, the underlying fund is Fidelity Corporate Bond Fund.
Investment Strategy
The strategies below relate to the Fund and the underlying fund, Fidelity Corporate Bond Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Uses the FTSE Canada All Corporate Bond Index as a guide to structuring the Fund’s portfolio and selecting investments, and manages the Fund to have an overall interest rate that is similar to the index.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.29% |
|---|---|
| Management Fee | 1.00% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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