Fidelity Multi-Sector Bond Fund

Fidelity Multi-Sector Bond Fund

Fidelity Multi-Sector Bond Fund seeks to offer investors attractive total return and income with the flexibility to navigate changing fixed-income markets. With an ever-changing global economic landscape, investors need a flexible fixed-income solution that targets multiple sources of returns.

FLEXIBILITY TO ACCESS AN EXPANSIVE SET OF FIXED INCOME SECTORS

INVESTMENT-GRADE EXPOSURE:

30%?100%

U.S. Treasuries

Treasury Inflation-Protected Securities & Real Return Bonds

Agency Debt

Corporates

Mortgage-Backed Securities

Commercial Mortgage-Backed Securities

Asset-Backed Securities

Global Bonds

Emerging-Market Debt

NON-INVESTMENT GRADE EXPOSURE:

0%?70%

FIDELITY MULTI-SECTOR

BOND FUND

High Yield Corporate

Floating rate loans

High-Yield Commercial Mortgage-Backed

Securities

Emerging-Market Debt

WHY FIDELITY MULTI-SECTOR BOND FUND?

Investment flexibility With access to the full opportunity set of fixed-income sectors, the portfolio managers seek to deliver attractive total returns by leveraging Fidelity's top-down asset allocation expertise with bottom-up security selection.

Tactical management The portfolio managers can utilize a variety of tactical tools to drive returns, including asset allocation, sector rotation, security selection, yield curve positioning and foreign currency exposures.

A disciplined risk-management framework The Fund employs a disciplined investment process that seeks to deliver strong risk-adjusted returns while mitigating a range of key fixed-income risks, such as interest-rate risk, credit risk, and liquidity risk.

Portfolio diversification The Fund can be added to an existing core allocation as a complement to traditional fixed income or as an alternative for portfolio diversification through its low correlation to equities.

FUND DETAILS

PORTFOLIO MANAGERS Jeff Moore Michael Plage

INCEPTION May 10, 2017

CATEGORY Global Fixed Income

BENCHMARK Bloomberg Barclays U.S. Aggregate Bond Index

RISK CLASSIFICATION Low to Medium Currency Neutral: Low

DISTRIBUTION FREQUENCY Monthly

CURRENCY OPTIONS CDN$ US$

ALSO AVAILABLE IN Currency neutral

FUND CODES

Fidelity Multi-Sector Bond Fund

Fidelity Multi-Sector Bond Fund US$

Fidelity Multi-Sector Bond Currency Neutral Fund

SERIES A

SERIES B

SERIES T5

SERIES S5

SERIES T8

SERIES SERIES SERIES SERIES

S8

F

F5

F8

DSC LL LL2 ISC DSC LL LL2 ISC DSC LL LL2 ISC

NL

NL

NL

5721 5722 5723 5724 ? ? ?

?

???

?

5730

?

?

5737 5738 5739 5740 ? ? ?

?

???

?

5746

?

?

5752 5753 5754 5755 ? ? ?

?

???

?

5761

?

?

For more information, contact your financial advisor or visit fidelity.ca

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus, which contains detailed investment information, before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

The investment risk level indicated is required to be determined in accordance with the Canadian Securities Administrators standardized risk classification methodology, which is based on the historical volatility of a fund, as measured by the ten-year annualized standard deviation of the returns of a fund or those of a reference index, in the case of a new fund.

Currency neutrals funds use derivatives to mitigate the fund's exposure to changes in exchange rates between developed market currencies and the Canadian dollar. The investment approach used by the funds, while effective in reducing exchange rate risk, will not completely eliminate the impact of currency fluctuations. The funds' returns will differ from the local currency returns of its underlying funds.

? 2019 Fidelity Investments Canada ULC. All rights reserved. FIC-212697 09/19 215623-v2019919

61.110595E

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download