The Globe and Mail

Returns as at April 30, 2013

	Fund	Group Avg	Index*
1 Month	1.60%	0.27%	0.27%
3 Months	4.69%	2.08%	2.06%
6 Months	7.71%	4.81%	4.68%
1 Year	8.69%	6.68%	6.55%
2 Year Avg	5.55%	2.76%	2.66%
3 Year Avg	7.22%	4.58%	4.63%
4 Year Avg	12.05%	7.79%	7.64%
5 Year Avg	5.58%	2.64%	2.41%
10 Year Avg	-	5.76%	5.08%
15 Year Avg	-	4.18%	3.65%
20 Year Avg	-	6.04%	5.70%
Since Inception	4.61%	-	-
2012	5.55%	5.99%	5.84%
2011	4.63%	-1.39%	-1.79%
2010	10.18%	8.71%	8.59%
3 year risk	4.56	5.53	4.99
3 year beta	0.82	1.01	1.00

*Globe Cdn Neutral Balanced Peer Index

Growth of $10,000

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US Salomon Corp Bonds - US ($ Cdn) U.S. 30-Day Treasury Bills U.S. 30-Day Treasury Bills ($ Cdn) U.S. 91-Day Treasury Bills US 30-Day Money Market Yield Index US 30-Day Money Market Yield Index($Cdn) Wilshire 5000 ($ Cdn) Time period: Start date

Start Month: JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember Start Year: 2007200820092010201120122013

End date

End Month: JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember End Year: 2013201220112010200920082007

Risk Measures as at April 30, 2013

Best/Worst 12 months (since inception)

Best (ending Feb 10):	36.20
Worst (ending Feb 09):	-22.58

Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)

Low  High

Fund Objectives

To invest in the Fidelity Monthly Income Fund, or a substantially similar underlying fund. This fund aims to achieve a combination of a steady flow of income and the potential for capital gains. It invests, either directly or through investments in units of other funds, 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.

Fund Facts

Fund Sponsor:	Assumption Life
Managed by:	Fidelity Investments Canada ULC
Fund Type:	Seg
Inception Date:	September 2007
Asset Class:	Canadian Neutral Balanced
Quartile Rank:	1 (3YR ending April 30, 2013)
Total Assets:	N/A
Mgmt Exp. Ratio (MER):	3.56%
Management Fee:	2.65%
Load Type:	Back End

Globe 5-Star Rating:

RRSP Eligible:

Canadian

Min. Invest (initial):

$1,000

Subsequent:

$25

Min. Invest (initial RRSP):

$1,000

Subsequent RRSP:

$25

Closed:

No

Restricted:

No

Restriction:

 

 

Top Holdings as at March 31, 2013

Portfolio Manager(s)

Derek Young, MBA, CFA

Fidelity Investments Canada ULC

Start Date: April, 2011

Fund Return: 7.28%

Derek joined Fidelity in 1996 as Director of Risk Management for Fidelity Management Trust Company (FMTC). In 1999, he became Senior Vice-President of Strategic Services for FMTC, and then Senior Vice-President of Strategic Investment Services and Marketing for FMTC. He also served as a member of the FMTC Trust Committee, which oversees portfolio managers for all disciplines. In November 2003, he was named portfolio strategist responsible for FMRCo and Fidelity Investments Canada portfolios available exclusively to non-U.S. investors. In addition, he was responsible for managing multi-asset-class asset allocation portfolios available exclusively to Canadian and Japanese investors until August 2008. Derek also led Fidelity�s U.S. Asset Allocation Committee and represented North America on the firm�s Global Asset Allocation Committee until January 2011. Before joining Fidelity, Derek was a manager in the risk strategy consulting practice for KPMG. From 1991 to 1995, he worked for the Board of Governors of the Federal Reserve as a senior financial analyst, and then as a supervisory financial analyst. Derek began his career as a vice-president at Empire Financial Services in 1986. Derek received a BSc, summa cum laude, from Troy University in 1986 and received an MBA from Vanderbilt University in 1991. He is a Chartered Financial Analyst (CFA) charterholder. He has published articles and chapters in books on risk management and investment management.

Also manages:Fidelity Canadian Asset Alloc.-A, Fidelity Canadian Asset Alloc.-B, Fidelity Dividend-A, Fidelity Income Allocation-A

View fund manager performance report

Geoff Stein, MBA, CFA

Fidelity Investments Canada ULC

Start Date: April, 2011

Fund Return: 7.28%

Also manages:Fidelity Asset Allocation CN PP-B, Fidelity Asset Allocation PP-B, Fidelity Canadian Asset Alloc.-A, Fidelity Canadian Asset Alloc.-B, Fidelity Dividend-A, Fidelity Income Allocation-A, Fidelity U.S. Monthly Income A, Fidelity US Monthly Inc Cap Yld A

View fund manager performance report

David Bagnani

Fidelity Investments Canada ULC

Start Date: September, 2007

Fund Return: 8.26%

View fund manager performance report

Brian Miron, BCom, CFA

Fidelity Investments Canada ULC

Start Date: September, 2007

Fund Return: 5.49%

Brian joined Fidelity in 2000 as a research analyst in the Fixed-Income Group and is now the Fixed Income sub-PM and member of the Canadian Asset Allocation Team.

Also manages:Fidelity Canadian Asset Alloc.-A, Fidelity Canadian Asset Alloc.-B, Fidelity Canadian Balanced-A, Fidelity Canadian Balanced-B, Fidelity Canadian Bond Cap Yld-A, Fidelity Canadian Bond-A, Fidelity Canadian Short Term Bond-A, Fidelity Corp Bond Cap Yield Cl-A, Fidelity Corporate Bond-A, Fidelity Dividend-A, Fidelity Prem Fixed In Cap Yld PP-B, Fidelity Prem Tact Fixd Inc CY PP-B, Fidelity Premium Fixed Inc Prv Pl-B, Fidelity Tact Fixed Inc Cap Yield A, Fidelity Tactical Fixed Income-A, Pyramis Canadian Bond Core Plus Tst, Pyramis Canadian Bond Trust, Pyramis Canadian Long Bond Trust, Pyramis Cdn Long Bond Core Plus Tst

View fund manager performance report

Harley Lank

Fidelity Investments Canada ULC

Start Date: September, 2007

Fund Return: 5.90%

Also manages:Fidelity Amer HighYld Curr Neutral, Fidelity American HY Capital Yld-A, Fidelity American High Yield-A, Fidelity Canadian Balanced-A, Fidelity Canadian Balanced-B

View fund manager performance report

Jeffrey Moore, BA, MBAS, CFA

Fidelity Investments Canada ULC

Start Date: May, 2008

Fund Return: 6.81%

Jeffrey joined Fidelity in 1995 as a fixed-income analyst and began managing fixed-income portfolios in 2000. Jeffrey is now a vice-president and manages a range of portfolios for retail and institutional investors in Canada and the U.S.

Also manages:Fidelity Canadian Asset Alloc.-A, Fidelity Canadian Asset Alloc.-B, Fidelity Canadian Balanced-A, Fidelity Canadian Balanced-B, Fidelity Canadian Short Term Bond-A, Fidelity Global Asset Allocation-A, Fidelity Global Bond Currency Ntr-A, Fidelity Global Bond-A, Fidelity Prem Fixed In Cap Yld PP-B, Fidelity Prem Tact Fixd Inc CY PP-B, Fidelity Premium Fixed Inc Prv Pl-B, Fidelity Tact Fixed Inc Cap Yield A, Fidelity Tactical Fixed Income-A, Pyramis Canadian Bond Core Plus Tst, Pyramis Canadian Bond Trust, Pyramis Canadian Long Bond Trust, Pyramis Cdn Long Bond Core Plus Tst

View fund manager performance report

Daniel Dupont

Fidelity Investments Canada ULC

Start Date: September, 2008

Fund Return: 7.47%

Also manages:Fidelity Canadian Large Cap-A, Fidelity Concentrated Value PP-B, Fidelity NorthStar-A, Fidelity NorthStar-B

View fund manager performance report

Don Newman, CFA

Fidelity Investments Canada ULC

Start Date: April, 2011

Fund Return: 7.28%

Also manages:Fidelity Canadian Asset Alloc.-A, Fidelity Canadian Asset Alloc.-B, Fidelity Dividend Plus Class A, Fidelity Dividend Plus-A, Fidelity Dividend-A

View fund manager performance report