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Fund Price: $9.17 (as at May 29, 2017)  1-day chg: $-.0006 -0.01%  YTD: 3.00%

Returns as at April 30, 2017

  Fund Group Avg Index*
1 Month 0.81% 0.93% 0.93%
3 Months 1.74% 2.19% 2.15%
6 Months 3.87% 3.41% 3.36%
1 Year 9.24% 9.45% 9.17%
2 Year Avg 2.04% 3.39% 3.30%
3 Year Avg 3.12% 3.12% 3.04%
4 Year Avg 3.04% 3.55% 3.08%
5 Year Avg 4.62% 4.75% 4.36%
10 Year Avg 5.03% 4.63% 4.27%
15 Year Avg - 5.37% 4.90%
20 Year Avg - 4.44% 4.50%
Since Inception 5.27% - -
 
2016 10.16% 10.31% 9.63%
2015 -4.58% -2.95% -2.75%
2014 4.37% 3.00% 2.59%
 
3 year risk 5.34 5.95 4.29
3 year beta 1.16 1.05 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 April 30, 2017

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 a high level of income and the potential for capital gains. 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 Fund also uses derivatives to try to minimize the exposure to currency fluctuations between the U.S. and Canadian dollars. The underlying fund aims to achieve a combination of a 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 United States 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: 3 (3YR ending April 30, 2017)
Total Assets: $22.8 million
Mgmt Exp. Ratio (MER): 2.21%
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 December 31, 2016

Bond Type December 31, 2016

Bond Term December 31, 2016

Top Holdings as at December 31, 2016

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at May 29, 2017
1 Year Performance (%)
  Ally Financial Inc., 8.00%, NOV/01/31 Bond 1.48   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  APX Group, 8.75%, DEC/01/20 Bond 1.46   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Energy Futr Intr 12.250% 01-Mar-2022 Bond 1.11   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  MHGE Parent, 8.50%, AUG/01/19 Bond 0.93   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ally Financial Inc., 5.75%, NOV/20/25 Bond 0.88   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  International Lease Finance Corp 8.625% Bond 0.85   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  HCA Inc 5.875% 15-Mar-2022 Bond 0.76   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Citigroup Inc Perp Bond 0.76   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Caesars Entertainment, 7.00%, OCT/11/20 Bond 0.75   - 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 May 29, 2017)

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
Apr 28, 2017 0.0256 0.0256 0.3103 9.133
Mar 31, 2017 0.0311 0.0311 0.3115 9.085
Feb 28, 2017 0.0239 0.0239 0.3085 9.166
Dec 30, 2016 0.0301 0.0301 0.3384 8.978
Nov 30, 2016 0.0287 0.0287 0.3526 8.866
Oct 31, 2016 0.0275 0.0275 0.3523 8.929
Sep 30, 2016 0.0294 0.0294 0.3535 8.979
Aug 31, 2016 0.0283 0.0283 0.3527 8.968
Jul 29, 2016 0.0258 0.0258 0.3543 8.838
Jun 30, 2016 0.0309 0.0309 0.3578 8.662
May 31, 2016 0.0290 0.0290 0.3551 8.685
Apr 29, 2016 0.0268 0.0268 0.3588 8.656
Mar 31, 2016 0.0281 0.0281 0.3617 8.439
Feb 29, 2016 0.0275 0.0275 0.3643 8.204
Jan 29, 2016 0.0263 0.0263 0.3368 8.257
Dec 31, 2015 0.0443 0.0443 0.3406 8.429
Nov 30, 2015 0.0284 0.0284 0.3250 8.692

Portfolio Manager(s)

Eric Mollenhaur

Fidelity Investments Canada ULC

Start Date: November, 2006

Fund Return: 5.27%

View fund manager performance report

Harley Lank

Fidelity Investments Canada ULC

Start Date: November, 2006

Fund Return: 5.27%

Also manages:Fid Am High Yield Cur Neu Sr P1, Fid Am High Yield Cur Neu Sr P2, Fidelity Amer High Yield CN Srs E4, Fidelity Amer High Yield CN Srs P3, Fidelity Amer High Yield CN Srs P4, Fidelity Amer High Yld Cu Neut E1, Fidelity Amer High Yld Cu Neut E2, Fidelity Amer High Yld Cu Neut E3, Fidelity American High Yield Sr P1, Fidelity American High Yield Sr P2, Fidelity American High Yield Sr P3, Fidelity American High Yield Srs A, Fidelity Amern High Yield Sr P1 USD, Fidelity Amern High Yield Sr P2 USD, Fidelity Amern High Yield Sr P3 USD

View fund manager performance report