Fund code: 7813

  • NAV $8.21 -$0.05 / -0.64%
    03-Jun-2026
  • Inception 15-May-2024
  • Benchmark 55% MSCI All Country World Index and 45% Bloomberg U.S. Aggregate Bond Index – Hedged to CAD
  • Aggregate exposure
    Long 96.9%
    Short -2.8%
    Net 94.1%
    Cash 5.9%
    30-Apr-2026
  • Aggregate assets
    (all series)     $541.1M
    31-May-2026
  • MER 2.23%
    30-Sep-2025
  • Distributions
  • Morningstar category Global Neutral Balanced
  • Also available through ETF Series CDN$, Trust CDN$ and Trust T-Series
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 31-May-2026

YTD 2026 2025
Fund 8.44 15.20

Standard period returns (%) 31-May-2026

1 mo 3 mo 6 mo 1 yr Inception
Fund 2.07 2.94 10.00 18.79 12.15

Why invest in this fund?

  • A global fund with a neutral mix of 55% equities and 45% fixed income.
  • One-ticket global balanced strategy with exposure to liquid alternatives in a traditional mutual fund.
  • Combines distinct styles together to help diversify risk and offer the potential for above-market returns with lower volatility.
  • Underlying funds managed by an experienced team of portfolio managers.

Risk measures

Risk measures cannot be calculated on funds that are less than three years old. This fund does not yet meet the required criteria.

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a low to medium volatility rating

Allocation to underlying funds (%)

30-Apr-2026
  • Fund name Percentage
    Fidelity Multi-Sector Bond Hedged Multi-Asset Base Fund 21.6
    Fidelity Strategic Income Fund 21.5
  • Fund name Percentage
    Fidelity Greater Canada Fund - Series O 18.3
    Fidelity Canadian Large Cap Multi-Asset Base Fund 12.1
  • Fund name Percentage
    Fidelity Global Innovators Investment Trust 21.4
  • Fund name Percentage
    Fidelity Global Value Long/Short Fund - Series O 5.0
  • Fund name Percentage
    Net other assets 0.1
    Fidelity Canadian Money Market Investment Trust 0.1

Allocation

Asset mix (%)

30-Apr-2026
Long Short Net
Foreign Equities 36.8 -2.3 34.5
Foreign Bonds 28.4 - 28.4
Canadian Equities 18.4 -0.2 18.2
High Yield Bonds 11.5 - 11.5
Convertibles 1.0 - 1.0
Investment Grade CMBS 0.4 - 0.4
Canadian Bonds 0.3 - 0.3
U.S. High Yield CMBS - - -
Futures, Options and Swaps 0.1 -0.3 -0.2
Cash & Other 29.3 -23.4 5.9

Country mix (%)

30-Apr-2026
Long Short Net
United States 60.7 -2.3 58.4
Canada 19.2 -0.2 19.0
United Kingdom 4.7 - 4.6
France 1.4 -0.1 1.3
South Korea 1.1 - 1.1
Japan 1.0 - 1.0
Taiwan 1.0 - 1.0
Sweden 1.0 - 1.0
Finland 0.8 - 0.8
China 0.6 - 0.6
Mexico 0.6 - 0.6
Switzerland 0.5 - 0.5
Germany 0.5 - 0.5
Brazil 0.4 - 0.4
Israel 0.4 - 0.4
Dominican Republic 0.3 - 0.3
Colombia 0.2 - 0.2
Ireland 0.2 - 0.2
Australia 0.2 - 0.2
Netherlands 0.3 -0.1 0.2
Hong Kong 0.2 - 0.2
Italy 0.2 - 0.2
Nigeria 0.2 - 0.2
Saudi Arabia 0.1 - 0.1
Turkey 0.1 - 0.1
Belgium 0.1 - 0.1
Panama 0.1 - 0.1
Romania 0.1 - 0.1
Multinational 0.1 - 0.1
United Arab Emirates 0.1 - 0.1
Chile 0.1 - 0.1
Denmark 0.1 - 0.1
Argentina 0.1 - 0.1
Greece 0.1 - 0.1
Egypt 0.1 - 0.1
Venezuela 0.1 - 0.1
Hungary 0.1 - 0.1
Poland 0.1 - 0.1
Indonesia 0.1 - 0.1
Ecuador 0.1 - 0.1
Angola 0.1 - 0.1
South Africa 0.1 - 0.1
Spain 0.1 - 0.1
Guatemala 0.1 - 0.1
Peru 0.1 - 0.1
Ukraine 0.1 - 0.1
Oman 0.1 - 0.1
Bahrain - - -
Costa Rica - - -
Cote D'Ivoire - - -
Malaysia - - -
Qatar - - -
Sri Lanka - - -
Czech Republic - - -
Philippines - - -
Pakistan - - -
Serbia - - -
Uzbekistan - - -
Morocco - - -
GHANA - - -
Kenya - - -
Austria - - -
Armenia - - -
Uruguay - - -
Kazakhstan - - -
El Salvador - - -
Paraguay - - -
Norway - - -
Macau - - -
Luxembourg - - -
Lebanon - - -
Grand Cayman (UK Overseas Territory) - - -
Congo - - -
Jamaica - - -
Mongolia - - -
Singapore - - -
Congo (Democratic Republic of) - - -
Senegal - - -
New Zealand - - -
Bermuda - - -
Benin - - -
Azerbaijan - - -
Thailand - - -
Rwanda - - -
Gabon - - -
Vietnam - - -
Trinidad & Tobago - - -
Zambia - - -
Georgia - - -
Jordan - - -
Montenegro - - -

Sector mix (%)

30-Apr-2026
Long Short Net
Information Technology 16.8 -1.2 15.6
Industrials 8.9 -0.5 8.5
Consumer Staples 6.0 - 6.0
Communication Services 5.8 -0.1 5.7
Consumer Disc. 4.0 -0.1 3.8
Materials 3.5 -0.1 3.4
Energy 3.2 -0.1 3.2
Financials 3.8 -0.7 3.1
Health Care 2.7 - 2.7
Utilities 1.0 -0.1 0.9
Real Estate 0.5 - 0.5
Multi Sector 0.2 - 0.2

Portfolio managers