Universal Life Product Overview & Performance

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Target Date 2040

Currently tracking Fidelity ClearPath®2040 Portfolio

May 31, 2025

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 March 31, 2025

Asset Allocation (%)

Asset Percent
International Equity 40.7%
US Equity 26.9%
Canadian Equity 17.9%
Canadian Bonds - Funds 6.7%
Canadian Government Bonds 3.4%
Cash and Equivalents 2.4%
Canadian Bonds - Other 1.1%
Commodities 0.5%
Income Trust Units 0.3%
Canadian Corporate Bonds 0.1%

Sector Allocation (%)

Sector Percent
Financial Services 28.3%
Technology 15.0%
Mutual Fund 12.3%
Fixed Income 11.3%
Industrial Goods 7.9%
Consumer Services 6.9%
Basic Materials 4.9%
Industrial Services 4.8%
Healthcare 4.6%
Consumer Goods 4.0%

Geographic Allocation (%)

Region Percent
North America 59.0%
Europe 21.1%
Asia 12.3%
Multi-National 4.1%
Latin America 2.4%
Africa and Middle East 0.8%
Other 0.3%

Top 10 Holdings (%)

As of March 31, 2025

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

Growth of $10,000

As of May 31, 2025

Period:

For the period 05/31/2015 through 05/31/2025 with $10,000 CAD investment, The value of the investment would be $19,444

Calendar Return (%)

As of May 31, 2025

Period 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 17.61 12.55 -13.50 13.34 12.56 17.65 -5.57 11.62 5.11 4.60

Compound Return (%)

As of May 31, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 4.09 -0.77 2.02 10.95 10.50 9.45 6.72
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)*:

2.49%

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 05/31/2015 through 05/31/2025 with $10,000 CAD investment

Total returns performance

94.44% Up

Value of $10,000 investment

$19,443.86  CAD