FUND FACTS

FIDELITY INVESTMENTS CANADA ULC

Fidelity Canadian Balanced Class

SERIES F
OCTOBER 29, 2015

This document contains key information you should know about Fidelity Canadian Balanced Class - Series F (the “Fund”). You can find more detailed
information in the Fund’s simplified prospectus. To get a copy, ask your representative, contact Fidelity Investments Canada ULC (“Fidelity”) at
1-800-263-4077 or cs.english@fmr.com, or visit fidelity.ca > Products > Regulatory documents > Prospectus/Annual Information Form.
Before you invest in any fund, you should consider how it would work with your other investments and your tolerance for risk.

QUICK FACTS

CAD NL: 626 FUND MANAGER Fidelity Investments Canada ULC

FUND CODES
USD NL: 2627 PORTFOLIO MANAGER Fidelity Investments Canada ULC
DATE SERIES STARTED September 25, 2001 Ordinary taxable dividends in late November; Capital
DISTRIBUTIONS
TOTAL VALUE OF THE FUND ON AUGUST 31, 2015 $1.138 billion gains dividends in late January
MANAGEMENT EXPENSE RATIO (MER) 0.92% MINIMUM INVESTMENT $500 initial **, $25 additional *
** Once your investment reaches a certain investment threshold, we will automatically switch your units to a series of the same fund with a lower combined management and
administration fee. See “Fund Expenses” and speak to your representative for details. * These amounts may change from time to time, and may also be waived by Fidelity.

WHAT DOES THE FUND INVEST IN?

The Fund invests in Fidelity Canadian Balanced Fund (the underlying INVESTMENT MIX (AUGUST 31, 2015)
fund), which invests primarily in a mix of Canadian equity securities, BY ASSET ALLOCATION % BY COUNTRY (INCLUDES
investment grade bonds, high yield securities and money market CASH) %
instruments. The underlying fund may invest up to 30% of its net assets in Canadian Equities 31.32%
Canada 70.82%
foreign securities. Foreign Equities 17.25%
United States 24.22%
The underlying fund's target mix is 50% equity securities, 40% investment Canadian Corporate
grade bonds and money market instruments and 10% high yield 17.04% Ireland 2.01%
Bonds
securities. Israel
Canadian Provincial 1.21%
The charts below give you a snapshot of the underlying fund’s 11.13%
Bonds Remaining Investments
investments on August 31, 2015. The underlying fund’s investments will
and Net Other Assets 1.74%
change. U.S. High Yield Bonds 7.27%
TOP TEN INVESTMENTS (AUGUST 31, 2015) Other Foreign Bonds 4.02%
1 Valeant Pharmaceuticals 5.20% Canadian Agency Bonds 3.90%
2 Province of Ontario (Fixed Income) 4.32% Canadian Federal Bonds 3.27%
3 Canada Housing Trust No. 1 (Fixed Income) 3.32% Cash & Other 3.16%
4 Government of Canada (Fixed Income) 3.27% Remaining Investments
and Net Other Assets 1.64%
5 Cash & Cash Equivalents 3.05%
6 Canadian Pacific Railway 2.84%
7 Restaurant Brands International 2.78%
8 Brookfield Asset Management 2.45%
9 Gildan Activewear 2.31%
10 Toronto-Dominion Bank 1.74%
Total percentage of top 10 investments 31.28%
Total number of investments 580

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FUND FACTS
Fidelity Canadian Balanced Class
SERIES F

HOW RISKY IS IT?

The value of the Fund can go down as well as up. You could lose money. RISK RATING
One way to gauge risk is to look at how much a fund’s returns change Fidelity has rated the volatility of this Fund as low to medium. This rating
over time. This is called "volatility". is based on how much the Fund’s returns have changed from year to
year. It doesn’t tell you how volatile the Fund will be in the future. The
In general, funds with higher volatility will have returns that change more rating can change over time. A fund with a low risk rating can still lose
over time. They typically have a greater chance of losing money and may money.
have a greater chance of higher returns. Funds with lower volatility tend
to have returns that change less over time. They typically have lower Œ
returns and may have a lower chance of losing money.
LOW LOW TO MEDIUM MEDIUM TO HIGH
MEDIUM HIGH

For more information about the risk rating and specific risks that can
affect the Fund’s returns, see the ‘What are the risks of investing in the
fund?’ section of the Fund’s simplified prospectus.
NO GUARANTEES
Like most mutual funds, this Fund doesn’t have any guarantees. You may
not get back the amount of money you invest.

HOW HAS THE FUND PERFORMED?

This section tells you how series F shares of the Fund have performed BEST AND WORST 3-MONTH RETURNS
over the past 10 years. Returns are after expenses have been deducted. This table shows the best and worst returns for series F shares of the
These expenses reduce the Fund’s returns. Fund in a 3-month period over the past 10 years. The best and worst 3-
YEAR-BY-YEAR RETURNS month returns could be higher or lower in the future. Consider how much
This chart shows how series F shares of the Fund performed in each of of a loss you could afford to take in a short period of time.
the past 10 years. The Fund dropped in value in 2 of the 10 years. The IF YOU INVESTED
range of returns and change from year to year can help you assess how $1,000 AT THE
BEGINNING OF THE
risky the Fund has been in the past. It does not tell you how the Fund will RETURN 3 MONTHS ENDING PERIOD
perform in the future.
Your investment
30% Best return 15.7% May 31, 2009 would rise to $1,157
20% Your investment
Worst return -19.7% November 30, 2008 would drop to $803
10%
14.73%

11.68%

23.60%

14.56%

14.00%

12.42%
9.57%

7.15%

AVERAGE RETURN
0%
A person who invested $1,000 in series F shares of the Fund 10 years ago
-17.80%

-0.01%

-10% now has $2,146. This works out to an annual compound return of 7.9%.
-20%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

WHO IS THIS FUND FOR? A WORD ABOUT TAX

Investors who:
■ plan to hold their investment for the long-term
■ want to gain Canadian equity, fixed income and high yield exposure
■ want the convenience of a diversified portfolio in a single fund
■ can handle the volatility of returns generally associated with equity
investments
■ want the ability to switch to other funds within Fidelity Capital Structure
Corp. without triggering immediate taxable capital gains
In general, you’ll have to pay income tax on any money you make on a
fund. How much you pay depends on the tax laws where you live and
whether or not you hold the fund in a registered plan, such as a
Registered Retirement Savings Plan (RRSP) or a Tax-Free Savings Account
(TFSA).
Keep in mind that if you hold your fund in a non-registered account, fund
distributions are included in your taxable income, whether you get them
in cash or have them reinvested.

The Fund is not an appropriate investment if you have a short-term

investment horizon.

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FUND FACTS
Fidelity Canadian Balanced Class
SERIES F

HOW MUCH DOES IT COST?

The following tables show the fees and expenses you could pay to buy, own and sell series F shares of the Fund. The fees and expenses—including any
commissions—can vary among the series of a fund and among funds. Higher commissions can influence representatives to recommend one investment
over another. Ask about other funds and investments that may be suitable for you at a lower cost.
1 SALES CHARGES
You do not pay any sales charge when you buy or sell series F shares of the Fund.

2 FUND EXPENSES 3 OTHER FEES

You don’t pay these fees and expenses directly. They affect you because You may have to pay other fees when you buy, hold, sell or switch shares
they reduce the return you get on your investment. of the Fund.
As of May 31, 2015, the Fund’s expenses were 0.96% of its value. This FEE WHAT YOU PAY
equals $9.60 for every $1,000 invested.
Short-term If you sell/switch shares within 30 days of the most
ANNUAL RATE
trading fee recent purchase/switch into the Fund, you may be
(AS A % OF THE FUND’S VALUE) charged 1% of the value of those shares or have your
Management expense ratio (MER) account restricted/closed. This fee goes to the Fund.
This is the total of the Fund’s management fee (including the Switch fee Your representative’s firm may charge you up to 2%
trailing commission), fixed administration fee and other of the value of shares you switch to another series of
operating expenses. Fidelity waived some of the Fund’s the Fund or another Fidelity Fund. However, you will
expenses. If it had not done so, the MER would have been not pay a switch fee on Fidelity initiated automatic
higher. 0.92%
switches.
Trading expense ratio (TER) Fee-for-service You may buy and hold this series of shares in a fee-
These are the Fund’s trading costs. 0.04% for-service account at your representative’s firm. If
FUND EXPENSES 0.96% you hold your shares in a fee-for-service account, you
pay a fee directly to your representative’s firm.

We will automatically switch your Series F shares into the most Advisor service If you do not hold this series of shares in a fee-for-
appropriate Series P of the Fund (bearing lower combined management fee service account where your representative’s firm may
and administration fees) upon your or your financial group’s, as charge you a fee directly, you may opt to enter into
applicable, investment amount in qualifying Fidelity funds meeting the an advisor service fee agreement between you, your
applicable investment threshold. The fee decrease between the representative’s firm and Fidelity. If you enter into an
applicable Series P and Series F tiers is listed in the table below: advisor service fee agreement, Fidelity will collect the
advisor service fee (plus any applicable taxes) from
Combined management and
administration fee decrease (from you on behalf of your representative’s firm by
Tiers Series Series F) (shown in basis points) redeeming shares of this series of the Fund and
$500-$249,999 F n/a remitting the amount to your representative’s firm.
Where such an arrangement exists, the maximum
$250,000-$999,999 P1 2.5 bps annual advisor service fee that we will collect on
$1,000,000-$2,499,999 P2 5.0 bps behalf of your representative’s firm is 1.50%
(excluding applicable taxes).
$2,500,000-$4,999,999 P3 7.5 bps
$5,000,000-$9,999,999 P4 12.5 bps

If you or your financial group, as applicable, no longer meet the

requirements to be eligible for a particular Series P, we will automatically
switch your shares into the appropriate series which will have higher
combined management and administration fees that will not exceed the
Series F management and administration fees. See “Fees and Expenses”
in the Fund’s simplified prospectus and speak to your representative for
additional details.
More about the trailing commission
Trailing commissions are not paid on Series F shares.

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FUND FACTS
Fidelity Canadian Balanced Class
SERIES F

WHAT IF I CHANGE MY MIND? FOR MORE INFORMATION

Under securities law in some provinces and territories, you have the right Contact Fidelity or your representative for a copy of the Fund’s simplified
to: prospectus and other disclosure documents. These documents and the
Fund Facts make up the Fund’s legal documents.
■ withdraw from an agreement to buy mutual fund units within two
business days after you receive a simplified prospectus or Fund Facts Fidelity Investments Canada ULC PHONE 416-307-5200
document, or 483 Bay Street, North Tower TOLL FREE: 1-800-263-4077
■ cancel your purchase within 48 hours after you receive confirmation of
Suite 300
the purchase. EMAIL: cs.english@fmr.com
Toronto, Ontario M5G 2N7
In some provinces and territories, you also have the right to cancel a WEB: fidelity.ca
purchase, or in some jurisdictions, claim damages, if the simplified
prospectus, annual information form, Fund Facts document or financial To learn more about investing in mutual funds, see the brochure
statements contain a misrepresentation. You must act within the time Understanding mutual funds, which is available on the website of the
limit set by the securities law in your province or territory. Canadian Securities Administrators at www.securities-administrators.ca.

For more information, see the securities law of your province or territory
or ask a lawyer.

All trademarks are the property of FMR LLC. 62.932749E

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