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Fidelity Tactical High Income CN T8

FID2477
16.56
+0.01
+0.05%
2017-10-19
5 Years
  • Previous Close

    16.55

  • Net Assets

    172.92K

  • Yield

    0.79%

  • Front load

    None

  • Expenses

    -

  • Category

    Tactical Balanced

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★
Profile

Name of Issuer

Fidelity Investments Canada ULC

Fund Style

Open

Fund Manager

James Morrow

Investment Style

Large Value

The Fund aims to provide income and capital growth. 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 developed market foreign currencies and the Canadian dollar. The Fund may also hedge against other foreign currencies. The underlying fund aims to provide income and capital growth by investing, either directly or indirectly through investments in underlying funds, primarily in a mix of income-producing securities from around the world.

Purchase Information

Initial Purchase 5,000
Initial Purchase: IRA 5,000
Initial Purchase: AIP 25

Inception

2014-05-28

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