Fidelity Tactical High Income Fund Series F (FID2456)
17.28
-0.20
(-1.12%)
CAD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.96% | 40.32M | 1.91% | 165.6% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.366B | 7.43% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund aims to provide income and capital growth. The Fund invests primarily in a mix of income-producing securities which may be located anywhere in the world. Income-producing securities may include, but are not limited to, equity securities, common and preferred shares, convertible securities, investment grade fixed income securities, higher yielding, lower quality fixed income securities, floating rate debt instruments and asset-backed securities and mortgage-backed securities. The Fund can invest in these securities either directly or indirectly through investments in underlying funds. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Mixed Asset CAD Flexible |
| Peer Group | Tactical Balanced |
| Global Macro | Mixed Asset HC Flexible |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
21
-35.34M
Peer Group Low
123.19M
Peer Group High
1 Year
% Rank:
5
1.366B
-183.18M
Peer Group Low
1.497B
Peer Group High
3 Months
% Rank:
8
-68.24M
Peer Group Low
367.44M
Peer Group High
3 Years
% Rank:
3
-4.310B
Peer Group Low
5.541B
Peer Group High
6 Months
% Rank:
11
-96.13M
Peer Group Low
626.40M
Peer Group High
5 Years
% Rank:
3
-3.431B
Peer Group Low
7.054B
Peer Group High
YTD
% Rank:
5
-145.57M
Peer Group Low
955.87M
Peer Group High
10 Years
% Rank:
5
-2.099B
Peer Group Low
9.210B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 08, 2025.
Asset Allocation
As of August 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.68% |
| Stock | 49.98% |
| Bond | 41.84% |
| Convertible | 0.00% |
| Preferred | 6.46% |
| Other | 0.04% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 1.875 02/15/2051 FIX USD Government | 7.56% | 56.50 | -0.58% |
| United States of America USGB 1.25 05/15/2050 FIX USD Government | 7.35% | 48.50 | -0.62% |
| TransAlta Corp. | 2.57% | 19.36 | -0.46% |
| Capital Power Corp. | 2.55% | 62.94 | 0.95% |
| DHT Holdings, Inc. | 2.29% | 12.87 | 0.86% |
| NVIDIA Corp. | 2.07% | 183.35 | 0.52% |
| Strategy Inc STRATEAA 10.0 12/31/2099 FIX USD Corporate | 1.99% | 109.29 | -0.60% |
|
BRAZIL, FEDERATIVE REPUBLIC OF (GOVERNMENT) 10% 01-JAN-2027
|
1.94% | -- | -- |
| Strategy Inc STRATEAA 9.0 12/31/2099 FIX USD Corporate | 1.94% | 96.61 | 0.00% |
| Alphabet, Inc. | 1.89% | 311.64 | -3.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP |
|
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 25.00 None |
Basic Info
| Investment Strategy | |
| The Fund aims to provide income and capital growth. The Fund invests primarily in a mix of income-producing securities which may be located anywhere in the world. Income-producing securities may include, but are not limited to, equity securities, common and preferred shares, convertible securities, investment grade fixed income securities, higher yielding, lower quality fixed income securities, floating rate debt instruments and asset-backed securities and mortgage-backed securities. The Fund can invest in these securities either directly or indirectly through investments in underlying funds. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Mixed Asset CAD Flexible |
| Peer Group | Tactical Balanced |
| Global Macro | Mixed Asset HC Flexible |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-5-25) | 2.74% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 382 |
| Stock | |
| Weighted Average PE Ratio | 25.48 |
| Weighted Average Price to Sales Ratio | 6.259 |
| Weighted Average Price to Book Ratio | 8.028 |
| Weighted Median ROE | 27.57% |
| Weighted Median ROA | 11.91% |
| ROI (TTM) | 15.84% |
| Return on Investment (TTM) | 15.84% |
| Earning Yield | 0.0558 |
| LT Debt / Shareholders Equity | 0.9937 |
| Number of Equity Holdings | 201 |
| Bond | |
| Yield to Maturity (8-31-25) | 3.94% |
| Effective Duration | -- |
| Average Coupon | 3.96% |
| Calculated Average Quality | 3.889 |
| Effective Maturity | 13.09 |
| Nominal Maturity | 13.11 |
| Number of Bond Holdings | 170 |
As of August 31, 2025
Growth Metrics
| EPS Growth (1Y) | 22.70% |
| EPS Growth (3Y) | 24.52% |
| EPS Growth (5Y) | 28.60% |
| Sales Growth (1Y) | 11.60% |
| Sales Growth (3Y) | 15.26% |
| Sales Growth (5Y) | 15.53% |
| Sales per Share Growth (1Y) | 188.2% |
| Sales per Share Growth (3Y) | 14.23% |
| Operating Cash Flow - Growth Rate (3Y) | 23.80% |
As of August 31, 2025
Fund Details
| Key Dates | |
| Inception Date | -- |
| Last Annual Report Date | 9/30/2024 |
| Last Prospectus Date | -- |
| Share Classes | |
| FID2447 | Commission-based Advice |
| FID2448 | Commission-based Advice |
| FID2449 | Commission-based Advice |
| FID2453 | Commission-based Advice |
| FID2454 | Commission-based Advice |
| FID2455 | Commission-based Advice |
| FID2457 | Fee-based Advice |
| FID2458 | Fee-based Advice |
| FID2462 | Commission-based Advice |
| FID2463 | Commission-based Advice |
| FID2464 | Commission-based Advice |
| FID2468 | Commission-based Advice |
| FID2469 | Commission-based Advice |
| FID2470 | Commission-based Advice |
| FID2472 | Fee-based Advice |
| FID2473 | Fee-based Advice |
| FID2474 | Fee-based Advice |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FID2456.TO", "name") |
| Broad Asset Class: =YCI("M:FID2456.TO", "broad_asset_class") |
| Broad Category: =YCI("M:FID2456.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:FID2456.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |