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Fund Price: $15.41 (as at October 24, 2014)  1-day chg: $.0649 0.42%  YTD: 6.11%

Returns as at September 30, 2014

  Fund Group Avg Index*
1 Month -1.15% -1.65% 1.45%
3 Months 1.09% 0.50% 6.76%
6 Months 3.34% 3.23% 12.77%
1 Year 15.19% 14.12% 22.58%
2 Year Avg 15.53% 12.32% 14.39%
3 Year Avg 13.80% 11.19% 12.26%
4 Year Avg 9.90% 7.75% 9.53%
5 Year Avg 9.47% 8.12% 8.89%
10 Year Avg - 5.64% -
15 Year Avg - 5.68% -
20 Year Avg - 7.39% -
Since Inception 6.27% - -
 
2013 21.15% 15.32% 10.64%
2012 9.17% 8.00% 6.19%
2011 -3.95% -2.85% 0.13%
 
3 year risk 5.32 5.44 4.11
3 year beta 0.81 0.82 1.00

*Globe 2025 Target Date Port 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 2025 Target Date Port Peer Index.

Risk Measures as at September 30, 2014

Best/Worst 12 months (since inception)
Best (ending Feb 10): 36.61 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -31.41 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

Each ClearPath portfolio seeks a high total return. It invests in a combination of underlying Fidelity mutual funds using a roll-down asset allocation strategy until its target retirement date. Thereafter the portfolio's objective will be to seek current income and, as a secondary objective, capital appreciation.

Fund Facts

Fund Sponsor: Fidelity Investments Canada ULC
Managed by: Fidelity Investments Canada ULC
Fund Type: MF Trust
Inception Date: November 2005
Asset Class: 2025+ Target Date Portfolio
Quartile Rank: 2 (3YR ending September 30, 2014)
Total Assets: $31.2 million
Mgmt Exp. Ratio (MER): 2.45%
Management Fee: 2.00%
Load Type: Optional
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 August 31, 2014

Equity Sector Weightings August 31, 2014

Bond Type August 31, 2014

Top Holdings as at August 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 30, 2014
1 Year Performance (%)
  Fidelity Cdn Disciplined Equity-A Fund 15.68   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity True North-A Fund 15.66   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity Canadian Large Cap A Fund 14.07   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity Canadian Bond-A Fund 12.96   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity Amer Disciplined Equity-A Fund 10.82   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity Amer HighYld Curr Neutral Fund 6.79   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity Europe-A Fund 6.43   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity International Disc Equ A Fund 3.72   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity Canadian Opportunities-A Fund 3.39   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fidelity Small Cap Am Srs A Fund 2.27   - 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 24, 2014)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 20, 2013 0.0507 0.0471 0.0978 0.0978 14.360

Portfolio Manager(s)

Mariana Egan

Fidelity Investments Canada ULC

Start Date: April, 2007

Fund Return: 4.53%

Mariana Egan is Vice-President of Asset Allocation for Pyramis Global Advisors, a Fidelity company, and a portfolio co-manager for Fidelity Investments. Before joining Fidelity, Mariana was a portfolio manager at Barclays Global Investors, where she managed $10 billion in fund-of-fund strategies. These assets were invested across U.S. and international equities, as well as fixed-income and derivative securities. Previously, Mariana was a fixed-income portfolio manager at HSBC. Mariana received an MBA from the University of California at Berkeley, and is a Chartered Financial Analyst (CFA) charterholder.

Also manages:FID Clearpath Inst 2010 Portfolio, Fid US Monthly Inc CY A, Fidelity Balanced CN Prv Pool-B, Fidelity Balanced Inc CN Pr Pool-B, Fidelity Balanced Income Prv Pool-B, Fidelity Balanced Portfolio-A, Fidelity Balanced Private Pool-B, Fidelity Canadian Balanced-A, Fidelity ClearPath 2005 Portfolio-A, Fidelity ClearPath 2010 Portfolio-A, Fidelity ClearPath 2015 Portfolio-A, Fidelity ClearPath 2020 Ptfl A, Fidelity ClearPath 2025 Ptfl A, Fidelity ClearPath 2030 Ptfl A, Fidelity ClearPath 2035 Ptfl A, Fidelity ClearPath 2045 Ptfl A, Fidelity ClearPath Income Port-A, Fidelity Global Balanced Port-A, Fidelity Global Dividend-A, Fidelity Global Growth Portfolio-A, Fidelity Global Income Portfolio-A, Fidelity Global Monthly Income-A, Fidelity Growth Portfolio-A, Fidelity Inc Replacement 2017 Pt-A, Fidelity Inc Replacement 2019 Pt-A, Fidelity Inc Replacement 2021 Pt-A, Fidelity Inc Replacement 2023 Pt-A, Fidelity Inc Replacement 2025 Pt-A, Fidelity Inc Replacement 2027 Pt-A, Fidelity Inc Replacement 2029 Pt-A, Fidelity Inc Replacement 2031 Pt-A, Fidelity Inc Rpl 2033 Pf Srs A, Fidelity Inc Rpl 2035 Pf Srs A, Fidelity Inc Rpl 2037 Pf Srs A, Fidelity Income Portfolio-A, Fidelity U.S. Monthly Inc A, Pyramis Strategic Balanced Trust

View fund manager performance report

Andrew Dierdorf

Fidelity Investments Canada ULC

Start Date: June, 2013

Fund Return: 15.50%

Andrew Dierdorf is a Portfolio Manager for Fidelity Management & Research Company (FMRCo.). Andrew currently co-manages Fidelity Dynamic Strategies Fund, Fidelity Four-In-One Index Fund, Fidelity Income Replacement Funds, Fidelity's 529 College Savings Plans and Fidelity Freedom Index Funds.

Also manages:Fidelity ClearPath 2010 Portfolio-A, Fidelity ClearPath 2015 Portfolio-A, Fidelity ClearPath 2020 Ptfl A, Fidelity ClearPath 2025 Ptfl A, Fidelity ClearPath 2030 Ptfl A, Fidelity ClearPath 2035 Ptfl A, Fidelity ClearPath 2045 Ptfl A, Fidelity ClearPath Income Port-A, Fidelity Tactical Strat Srs A

View fund manager performance report

Brett Sumsion, CFA

Fidelity Investments Canada ULC

Start Date: March, 2014

Fund Return: 3.34%

Brett Sumsion is a portfolio manager on the Target Date team within the Global Asset Allocation (GAA) group at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. In this role, Brett is responsible for co-managing Fidelity Freedom Funds, Fidelity Freedom K Funds, Fidelity Freedom Index Funds, Fidelity Advisor Freedom Funds, Fidelity VIP Freedom Funds, Fidelity VIP Investor Freedom Funds, Fidelity VIP Freedom Lifetime Funds, and Strategic Advisers Multi-Manager Target Date Funds. He also co-manages Fidelity Income Replacement Funds, Fidelity-managed 529 College Savings Plans, Pyramis Lifecycle Funds, Fidelity ClearPath Retirement Portfolios (Canada), ClearPath Lifecycle Solutions (Canada), and Fidelity Income Replacement Portfolios (Canada). Prior to joining Fidelity in 2014, Brett held various positions at DuPont Capital Management, Inc., including that of managing director of asset allocation from 2008 to 2013 and portfolio manager from 2005 to 2008. Previously, Brett worked at Strategis Financial Group, Inc., where he was chief executive officer from 2004 to 2005 and vice president of asset allocation research from 2001 to 2004. He has been in the investments industry since 2001. Brett earned his bachelor of arts degree in economics from Brigham Young University and his master of business administration degree in finance from The Wharton School at the University of Pennsylvania. He is also a Chartered Financial Analyst (CFA) charterholder.

Also manages:Fidelity ClearPath 2010 Portfolio-A, Fidelity ClearPath 2015 Portfolio-A, Fidelity ClearPath 2020 Ptfl A, Fidelity ClearPath 2025 Ptfl A, Fidelity ClearPath 2030 Ptfl A, Fidelity ClearPath 2035 Ptfl A, Fidelity ClearPath 2045 Ptfl A, Fidelity ClearPath Income Port-A

View fund manager performance report