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Fidelity Canadian Bond Fund Series B
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$13.06 |
|---|---|
| Change |
$0.02
(0.13%)
|
As at April 30, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (February 04, 1988): 4.83%
| 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 | 0.16% | -0.45% | -1.05% | 0.07% | 1.11% | 4.52% | 2.64% | 2.30% | 0.04% | -0.08% | 0.78% | 1.30% | 0.98% | 1.14% |
| Benchmark | 0.06% | -0.26% | -0.74% | 0.36% | 1.56% | 5.13% | 3.07% | 2.76% | 0.70% | 0.18% | 1.34% | 1.91% | 1.59% | 1.73% |
| Category Average | 0.25% | -0.43% | -0.87% | 0.14% | 1.34% | 4.66% | 2.76% | 2.41% | 0.12% | 0.07% | 0.92% | 1.35% | 1.04% | 1.18% |
| Category Rank | 277 / 491 | 355 / 487 | 404 / 486 | 378 / 487 | 386 / 471 | 374 / 437 | 311 / 412 | 314 / 402 | 296 / 388 | 250 / 368 | 270 / 354 | 238 / 329 | 218 / 305 | 199 / 272 |
| Quartile Ranking | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 3 | 3 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.11% | 0.03% | -0.68% | 0.30% | 1.73% | 0.67% | 0.19% | -1.31% | 0.53% | 1.48% | -2.05% | 0.16% |
| Benchmark | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% |
Best Monthly Return Since Inception
5.76% (June 1988)
Worst Monthly Return Since Inception
-6.08% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.10% | 1.95% | 0.19% | 6.50% | 8.12% | -2.92% | -12.50% | 5.97% | 3.75% | 1.90% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 3 | 2 | 4 | 2 | 3 | 3 | 4 | 3 | 3 | 4 |
| Category Rank | 190/ 265 | 139/ 298 | 250/ 319 | 127/ 348 | 250/ 360 | 225/ 382 | 327/ 399 | 294/ 407 | 297/ 430 | 388/ 468 |
Best Calendar Return (Last 10 years)
8.12% (2020)
Worst Calendar Return (Last 10 years)
-12.50% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 53.50 |
| Canadian Corporate Bonds | 42.19 |
| Cash and Equivalents | 2.07 |
| Foreign Corporate Bonds | 2.04 |
| Foreign Government Bonds | 0.17 |
| Other | 0.03 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 97.90 |
| Cash and Cash Equivalent | 2.07 |
| Other | 0.03 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.80 |
| Europe | 0.17 |
| Other | 0.03 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 3.50% 01-Sep-2029 | - |
| Canada Government 1.50% 01-Jun-2031 | - |
| Canada Government 1.50% 01-Dec-2031 | - |
| Canada Housing Trust No 1 3.95% 15-Jun-2028 | - |
| Canada Housing Trust No 1 3.55% 15-Sep-2032 | - |
| Ontario Province 3.75% 02-Jun-2032 | - |
| Canada Government 3.50% 01-Dec-2057 | - |
| Canada Government 4.00% 01-Mar-2029 | - |
| Canada Government 3.25% 01-Sep-2028 | - |
| Canada Government 3.25% 01-Dec-2035 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Canadian Bond Fund Series B
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 5.08% | 5.90% | 5.33% |
|---|---|---|---|
| Beta | 0.92 | 0.98 | 0.99 |
| Alpha | 0.00 | -0.01 | -0.01 |
| Rsquared | 0.92% | 0.96% | 0.95% |
| Sharpe | -0.18 | -0.45 | -0.12 |
| Sortino | -0.08 | -0.61 | -0.43 |
| Treynor | -0.01 | -0.03 | -0.01 |
| Tax Efficiency | 60.95% | - | 24.99% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.68% | 5.08% | 5.90% | 5.33% |
| Beta | 0.96 | 0.92 | 0.98 | 0.99 |
| Alpha | 0.00 | 0.00 | -0.01 | -0.01 |
| Rsquared | 1.00% | 0.92% | 0.96% | 0.95% |
| Sharpe | -0.33 | -0.18 | -0.45 | -0.12 |
| Sortino | -0.62 | -0.08 | -0.61 | -0.43 |
| Treynor | -0.01 | -0.01 | -0.03 | -0.01 |
| Tax Efficiency | 7.56% | 60.95% | - | 24.99% |
Fund Details
| Start Date | February 04, 1988 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID233 |
Investment Objectives
The Fund aims to provide a steady flow of income. It invests primarily in Canadian fixed income securities.
Investment Strategy
To meet the Fund’s objectives, the portfolio management team: Uses the FTSE Canada Universe Bond Index as a guide to structuring the Fund’s portfolio and selecting investments, and manages the Fund to have an overall interest rate risk that is similar to the index. Allocates the Fund’s assets among issuers in different market sectors, industries, and maturities, based on its view of the relative value of each sector or maturity. Invests mainly in investment grade securities.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Management & Research Company LLC
|
Management and Organization
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
CIBC Mellon Trust Company State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
Fidelity Investments Canada ULC |
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 | 1.27% |
|---|---|
| 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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