| Fund Company | Fidelity Investments |
| Fund Type | Canadian Dividend & Income Equity |
| Rating | $$$$ |
| Style | Growth at a reasonable price |
| Risk Level | Medium |
| Load Status | Optional |
| RRSP/RRIF Suitability | Good |
| TFSA Suitability | Good |
| Manager | Juliette John since December 2003 Ryan Crowther since June 2011 |
| MER | 2.48% |
| Code | TML 1017 – Front End Units TML 1018 – DSC Units TML 1019 – Low Load Units |
| Minimum Investment | $500 |
Analysis: The Bissett Canadian Dividend Fund takes a very concentrated approach, holding just 34 stocks. The team of Juliette John and Ryan Crowther look for high quality businesses which have a history of low earnings volatility and solid dividend records. More than 60% of the fund is currently invested in financials and energy. It pays investors a steady monthly distribution, currently set at $0.025 per unit, which works out to be an annualized yield of approximately 2.2%. An added bonus is that the distribution is a mix of dividends and return of capital which will be treated more favourably from an income tax perspective. Returns have been strong with a five year return of 4.5%. The volatility has also been significantly lower than both the broader market and the category average. That said, it is a touch more volatile than the more broadly diversified Fidelity Dividend Fund. Still, this is a good choice for those looking for a good mix of capital gain potential with some level of monthly income.