Universal Life Product Overview & Performance

Looking for segregated funds?  Segregated Funds

Target Date 2040

Currently tracking Fidelity ClearPath®2040 Portfolio

August 31, 2026

Fund Overview

Primary investments include other Fidelity funds and ETFs which generally invest in equity, fixed income and/or money market instruments. From inception to its target date in 2040 and for a period of approximately twenty years thereafter, an increasing proportion of the Fund's assets will gradually be invested in securities of fixed income and money market funds.

Risk Rating

This fund's risk rating is Medium

As of June 30, 2026

Asset Allocation (%)

Asset Percent
International Equity 37.2%
US Equity 23.3%
Canadian Equity 19.8%
Canadian Government Bonds 7.9%
Canadian Corporate Bonds 3.4%
Foreign Government Bonds 3.3%
Cash and Equivalents 3.1%
Commodities 1.4%
Foreign Corporate Bonds 0.4%
Income Trust Units 0.2%

Sector Allocation (%)

Sector Percent
Technology 31.0%
Financial Services 16.4%
Fixed Income 15.0%
Industrial Goods 9.6%
Basic Materials 5.9%
Mutual Fund 5.5%
Energy 4.8%
Consumer Services 4.7%
Healthcare 3.8%
Consumer Goods 3.3%

Geographic Allocation (%)

Region Percent
North America 59.4%
Europe 19.0%
Asia 16.9%
Latin America 1.5%
Africa and Middle East 1.1%
Other 2.1%

Top 10 Holdings (%)

As of June 30, 2026

Name Percent
Fidelity Emerging Markets Fund Series B
Fidelity International Equity M-Asset Base Fd O
Fidelity Canadian Bond Multi-Asset Base Fund Ser O
Fidelity Insights Investment Trust Series O
Fidelity Cdn Foc Equity Multi-Asset Base Fd Ser O
BC Gwth MA Base - Ser O
Fidelity True North Fund Series B
Fidelity International Growth Multi-Asset Ba Fd O
Fidelity International Value Multi-Asset Base Fd O
Fidelity American Disciplined Equity Fund O

Growth of $10,000

As of August 31, 2026

Period:

For the period 08/31/2016 through 08/31/2026 with $10,000 CAD investment, The value of the investment would be $23,853

Calendar Return (%)

As of August 31, 2026

Period 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 15.70 17.61 12.55 -13.50 13.34 12.56 17.65 -5.57 11.62 5.11

Compound Return (%)

As of August 31, 2026

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 0.94 0.82 5.07 17.95 16.45 8.27 9.02
Product Current annual LIO admin fee Maximum annual LIO admin fee
Equitable Generations 0.00 % 0.00 %

Other Fund Information

Product Availabilty

Equitable Generations™

Date of Inception:

November 2005

Estimated Management
Expense Ratio (MER)*:

2.48%

Fund Category

2040 Target Date Portfolio

Portfolio Manager

Fidelity Investments Canada ULC

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Performance Chart

Period:
Target Date 2040

Summary

For the period 08/31/2016 through 08/31/2026 with $10,000 CAD investment

Total returns performance

138.53% Up

Value of $10,000 investment

$23,853.24  CAD