Universal Life Product Overview & Performance

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Target Date 2045

Currently tracking Fidelity ClearPath®2045 Portfolio

November 30, 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 2045 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 September 30, 2025

Asset Allocation (%)

Asset Percent
International Equity 41.5%
US Equity 30.1%
Canadian Equity 24.1%
Cash and Equivalents 1.9%
Canadian Government Bonds 1.1%
Commodities 0.6%
Canadian Corporate Bonds 0.2%
Income Trust Units 0.2%
Foreign Corporate Bonds 0.2%
Foreign Government Bonds 0.1%

Sector Allocation (%)

Sector Percent
Financial Services 30.0%
Technology 18.5%
Mutual Fund 12.7%
Industrial Goods 9.4%
Consumer Services 6.8%
Basic Materials 6.2%
Consumer Goods 4.6%
Energy 4.0%
Industrial Services 3.9%
Healthcare 3.9%

Geographic Allocation (%)

Region Percent
North America 58.1%
Europe 21.5%
Asia 16.1%
Latin America 2.6%
Africa and Middle East 0.9%
Other 0.8%

Top 10 Holdings (%)

As of September 30, 2025

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

Growth of $10,000

As of November 30, 2025

Period:

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment, The value of the investment would be $23,592

Calendar Return (%)

As of November 30, 2025

Period 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 20.17 13.51 -13.32 13.86 12.69 17.66 -5.57 11.61 5.09 4.57

Compound Return (%)

As of November 30, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 0.17 6.63 14.65 17.42 16.16 10.47 8.87
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)*:

2.47%

Fund Category

2045 Target Date Portfolio

Portfolio Manager

Fidelity Investments Canada ULC

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Performance Chart

Period:
Target Date 2045

Summary

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment

Total returns performance

135.92% Up

Value of $10,000 investment

$23,592.47  CAD