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Fidelity Canadian Balanced Fund Series B
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade C
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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FundGrade A+® Rating Recipient
2015, 2014
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|
NAVPS (05-13-2026) |
$29.03 |
|---|---|
| Change |
-$0.10
(-0.33%)
|
As at April 30, 2026
As at March 31, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (September 29, 1998): 7.43%
| 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 | 2.30% | 2.05% | 4.63% | 2.98% | 17.08% | 13.71% | 10.98% | 8.38% | 7.05% | 8.39% | 7.16% | 7.12% | 6.45% | 6.64% |
| Benchmark | 2.12% | 3.73% | 6.97% | 4.51% | 21.44% | 17.57% | 12.99% | 10.28% | 8.75% | 9.95% | 8.43% | 8.39% | 7.59% | 7.77% |
| Category Average | 2.65% | 2.55% | 4.33% | 3.38% | 14.79% | 12.31% | 9.74% | 7.74% | 6.16% | 7.78% | 6.27% | 6.16% | 5.55% | 5.91% |
| Category Rank | 289 / 461 | 338 / 460 | 274 / 457 | 338 / 457 | 190 / 452 | 213 / 447 | 188 / 429 | 210 / 416 | 195 / 388 | 206 / 373 | 169 / 363 | 149 / 356 | 130 / 341 | 155 / 330 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.95% | 1.68% | 0.97% | 1.53% | 2.95% | 1.29% | 1.39% | 0.21% | 0.90% | 4.30% | -4.36% | 2.30% |
| Benchmark | 3.10% | 1.62% | 0.59% | 2.90% | 3.78% | 0.87% | 2.24% | 0.12% | 0.74% | 5.01% | -3.27% | 2.12% |
Best Monthly Return Since Inception
7.95% (December 1999)
Worst Monthly Return Since Inception
-10.54% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.46% | 4.92% | -3.48% | 14.11% | 9.36% | 10.65% | -9.40% | 8.19% | 13.24% | 13.23% |
| Benchmark | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% | 17.74% |
| Category Average | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% | 11.06% |
| Quartile Ranking | 4 | 4 | 2 | 2 | 1 | 3 | 4 | 3 | 2 | 2 |
| Category Rank | 284/ 328 | 256/ 339 | 145/ 350 | 120/ 360 | 34/ 369 | 272/ 384 | 316/ 407 | 259/ 427 | 173/ 441 | 144/ 447 |
Best Calendar Return (Last 10 years)
14.11% (2019)
Worst Calendar Return (Last 10 years)
-9.40% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 48.46 |
| Canadian Government Bonds | 21.28 |
| Canadian Corporate Bonds | 12.84 |
| Foreign Corporate Bonds | 9.47 |
| Cash and Equivalents | 3.77 |
| Other | 4.18 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 44.30 |
| Financial Services | 14.50 |
| Basic Materials | 12.89 |
| Energy | 6.50 |
| Cash and Cash Equivalent | 3.76 |
| Other | 18.05 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.99 |
| Europe | 0.67 |
| Latin America | 0.14 |
| Asia | 0.13 |
| Africa and Middle East | 0.01 |
| Other | 1.06 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank of Canada | - |
| Toronto-Dominion Bank | - |
| Suncor Energy Inc | - |
| Agnico Eagle Mines Ltd | - |
| Shopify Inc Cl A | - |
| Canadian Imperial Bank of Commerce | - |
| Bank of Montreal | - |
| Canadian Pacific Railway Ltd | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| Barrick Gold Corp | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Canadian Balanced Fund Series B
Median
Other - Canadian Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.48% | 8.14% | 8.16% |
|---|---|---|---|
| Beta | 0.89 | 0.90 | 0.93 |
| Alpha | 0.00 | -0.01 | -0.01 |
| Rsquared | 0.90% | 0.94% | 0.93% |
| Sharpe | 0.95 | 0.53 | 0.60 |
| Sortino | 1.77 | 0.76 | 0.66 |
| Treynor | 0.08 | 0.05 | 0.05 |
| Tax Efficiency | 85.51% | 80.04% | 81.20% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.32% | 7.48% | 8.14% | 8.16% |
| Beta | 0.96 | 0.89 | 0.90 | 0.93 |
| Alpha | -0.03 | 0.00 | -0.01 | -0.01 |
| Rsquared | 0.92% | 0.90% | 0.94% | 0.93% |
| Sharpe | 1.88 | 0.95 | 0.53 | 0.60 |
| Sortino | 2.85 | 1.77 | 0.76 | 0.66 |
| Treynor | 0.14 | 0.08 | 0.05 | 0.05 |
| Tax Efficiency | 81.12% | 85.51% | 80.04% | 81.20% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | September 29, 1998 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID282 |
Investment Objectives
The Fund aims to achieve high total investment return. The Fund uses a balanced approach. It invests primarily in a mix of Canadian equity securities, investment grade bonds, high yield securities and money market instruments. The Fund can invest in these securities either directly or indirectly through investments in underlying funds.
Investment Strategy
To meet the Fund’s objectives, the portfolio management team: Follows a neutral mix guideline of approx. 50% equity securities, 40% investment grade bonds, and 10% high yield securities. Generally keeps the Fund’s asset mix within the following ranges: 40-60% equity securities, 30-50% investment grade bonds, and 0-20% high yield securities. Invests in any kind of equity or fixed income security, or money market instrument, including high yield securities and other lower quality debt 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 | 2.06% |
|---|---|
| Management Fee | 1.70% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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