Fidelity Global Balanced Portfolio ETF Series (FMPB)

Overview

The Fidelity Global Balanced Portfolio ETF Series is a multi-asset exchange-traded fund (ETF) designed to provide investors with a robust, diversified investment solution that integrates both growth and income objectives. The portfolio usually maintains a neutral allocation of approximately 60% equities and 40% fixed-income securities, which may fluctuate within a 15% range based on evolving market conditions. This flexibility in asset allocation allows the fund to adapt to varying economic climates while seeking optimal returns.

The ETF primarily invests in other Fidelity-managed funds and ETFs, ensuring a diversified exposure across different geographies and sectors, including but not limited to financials, information technology, industrials, and consumer discretionary areas, as well as fixed-income instruments. By engaging in broad market participation through investments in global equity markets combined with significant allocations to both international and domestic bonds, it aims to provide a buffer against equity market volatility.

Managed by Fidelity Investments Canada ULC, the fund utilizes active asset allocation strategies to remain responsive to shifts in market dynamics, drawing upon the expertise of Fidelity's global investment teams. Structured to cater to medium- to long-term investors, the Fidelity Global Balanced Portfolio ETF Series serves as a convenient option for those looking to access diversified exposure through a single security. Its low-to-medium risk profile reiterates its suitability as a core holding within a balanced investment strategy, potentially acting as an anchor for portfolios focused on both capital appreciation and income generation.

Products and Services

• Global Equity Investments:

  The fund allocates a substantial portion to equities across global markets, providing investors with exposure to various sectors and geographies. This diversification seeks to enhance growth potential while mitigating risks associated with local market fluctuations.

• Fixed Income Investments:

  Approximately 40% of the portfolio is focused on fixed-income securities, including bonds and money market instruments. This allocation aims to offer stability and income generation, counterbalancing the volatility of equity investments.

• Active Asset Allocation:

  The fund employs an active approach to asset allocation, allowing adjustments in the portfolio's equity and fixed income weightings in response to market changes. This strategy aims to optimize performance and manage risk effectively.

• Diverse Sector Exposure:

  By investing in various Fidelity-managed funds and ETFs, the portfolio gains exposure to multiple sectors including financials, information technology, and consumer discretionary, enhancing overall diversification and growth opportunities.

• Long-Term Investment Focus:

  This ETF is tailored for medium- to long-term investors, aiming to provide a blend of capital appreciation and income generation. Its design supports a balanced investment approach, making it suitable for a core position within broader investment strategies.

• Convenient Investment Solution:

  Investors can access a wide range of asset classes through a single security, simplifying portfolio management while ensuring a diversified approach to asset allocation.