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Fund Price: $9.29 (as at October 21, 2014)  1-day chg: $.0576 0.62%  YTD: 6.09%

Returns as at September 30, 2014

  Fund Group Avg Index*
1 Month 0.69% -1.26% -1.26%
3 Months 0.41% -0.93% -0.93%
6 Months 2.67% 0.92% 0.92%
1 Year 7.86% 6.05% 5.90%
2 Year Avg 6.20% 4.96% 4.74%
3 Year Avg 9.30% 7.23% 7.10%
4 Year Avg 7.15% 5.59% 5.35%
5 Year Avg 8.53% 6.89% 6.68%
10 Year Avg - 4.91% 4.64%
15 Year Avg - 4.72% 4.74%
20 Year Avg - 5.82% 5.28%
Since Inception 6.11% - -
 
2013 4.29% 3.22% 3.45%
2012 13.65% 10.93% 11.05%
2011 2.60% 3.03% 2.12%
 
3 year risk 5.16 4.64 3.68
3 year beta 1.29 0.98 1.00

*Globe High Yield Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe High Yield Fixed Income Peer Index.

Risk Measures as at September 30, 2014

Best/Worst 12 months (since inception)
Best (ending Nov 09): 43.54 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Nov 08): -24.91 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 5 High

Fund Objectives

The fund aims to achieve a combination of high-level of income and the potential for capital gains by investing primarily in higher-yielding, lower quality fixed income securities, preferred stocks, and convertible securities issued by U.S. companies.

Fund Facts

Fund Sponsor: Fidelity Investments Canada ULC
Managed by: Fidelity Investments Canada ULC
Fund Type: MF Trust
Inception Date: November 2006
Asset Class: High Yield Fixed Income
Quartile Rank: 1 (3YR ending September 30, 2014)
Total Assets: $44.1 million
Mgmt Exp. Ratio (MER): 2.16%
Management Fee: 1.75%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$50
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation June 30, 2014

Bond Type June 30, 2014

Bond Term June 30, 2014

Top Holdings as at June 30, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at October 21, 2014
1 Year Performance (%)
  Ally Financial Inc., 8.00%, NOV/01/31 Bond 1.3   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Energy Future Holdings Corp., 12.25%, MAR/01/22 Bond 1.22   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  International Lease Finance, 8.63%, JAN/15/22 Bond 1.14   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Sprint Corporation, 6.00%, NOV/15/22 Bond 1.0   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  HCA Inc., 5.88%, MAR/15/22 Bond 0.98   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Energy Future Holdings Corp., 4.25%, JUN/19/16 Bond 0.96   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Altice SA, 7.75%, MAY/15/22 Bond 0.88   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ally Financial Inc., 3.50%, JUL/18/16 Bond 0.86   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Citigroup, 5.35%, DEC/31/49 Bond 0.77   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to October 21, 2014)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Sep 30, 2014 0.3000 0.3000 0.5059 9.202
Jul 31, 2014 0.0296 0.0296 0.2665 9.320
Jun 30, 2014 0.0285 0.0285 0.2654 9.493
May 30, 2014 0.0289 0.0289 0.2650 9.437
Apr 30, 2014 0.0288 0.0288 0.2703 9.373
Mar 31, 2014 0.0300 0.0300 0.2722 9.370
Feb 28, 2014 0.0280 0.0280 0.2733 9.397
Oct 31, 2013 0.0321 0.0321 0.5558 9.208
Sep 30, 2013 0.0271 0.0271 0.5552 9.005
Aug 30, 2013 0.0335 0.0335 0.5534 8.972
Jul 31, 2013 0.0285 0.0285 0.5555 9.101
Jun 28, 2013 0.0281 0.0281 0.5577 9.006
May 31, 2013 0.0343 0.0343 0.5645 9.291
Apr 30, 2013 0.0306 0.0306 0.5682 9.389

Portfolio Manager(s)

Harley Lank

Fidelity Investments Canada ULC

Start Date: August, 2007

Fund Return: 6.87%

Also manages:Fidelity American HY Capital Yld-A, Fidelity American High Yield-A, Fidelity Canadian Balanced-A, Fidelity Monthly Income-A, Pyramis Canadian Bond Core Plus Tst

View fund manager performance report