FCMO
  • NAV $17.17 20-Dec-2024
  • $0.21 / 1.26% Daily NAV change
  • 55.29% YTD return
  • MARKET PRICE 20-Dec-2024
  • $17.19   
  • Inception 05-Jun-2020
  • Net assets $458.5M
    20-Dec-2024
  • Units outstanding 26,700,000
    20-Dec-2024
  • Management fee 0.35%
  • MER * 0.37%
    30-Sep-2024
  • Investment program DRIP
  • Distributions
  • Benchmark Fidelity Canada U.S. Momentum Index
  • Index provider Fidelity Product Services LLC
  • Rebalance frequency Quarterly
  • Exchange Cboe CA
  • CUSIP 31649P106
  • Morningstar category U.S. Equity
  • Also available through ETF US$
  • Get ETF Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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The units of this ETF were subdivided after the close of business on March 3, 2021. The units started trading on a split-adjusted basis as of March 4, 2021. Please refer to the Footnotes and Disclosures section at the bottom of this page for additional details.

Why invest in this ETF?

  • Single-factor exposure to companies that exhibit positive momentum signals  
  • An outcome-oriented approach that follows market trends and sentiment which has the potential to outperform over the medium term             
  • An efficient complement to a well-diversified portfolio

Calendar returns (%) 30-Nov-2024

YTD 2024 2023 2022 2021
ETF (NAV) 58.63 14.87 -13.26 16.30
ETF (Market price) 60.00 14.81 -13.28 16.29

Standard period returns (%) 30-Nov-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception†
ETF (NAV) 8.83 18.25 25.27 62.72 16.83 18.24
ETF (Market price) 9.54 19.30 26.56 64.19 17.14 18.34

Risk measures (%) 30-Nov-2024

Fund
Annualized standard deviation 16.37
Beta 1.00
R² 1.00

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a medium volatility rating

Allocation

Asset mix (%)

30-Nov-2024

Sector mix (%)

30-Nov-2024
12 months ago Last month Current month
Information Technology 34.1 22.3 23.5
Financials 6.3 18.8 20.9
Health Care 5.8 4.7 15.4
Industrials 15.4 15.4 15.2
Consumer Staples - 11.1 11.5
Real Estate - - 7.8
Consumer Disc. 16.1 15.8 3.6
Communication Services 13.4 1.8 1.9
Multi Sector 0.1 0.2 0.2
Materials - - -
Energy 8.8 - -
Utilities - 9.9 -

Top ten holdings

  1. APPLE INC
  2. NVIDIA CORP
  3. MICROSOFT CORP
  4. BERKSHIRE HATHAWAY INC CL B
  5. WELLTOWER INC
  6. JONES LANG LASALLE INC
  7. WALMART INC
  8. COSTCO WHOLESALE CORP
  9. JPMORGAN CHASE & CO
  10. IRON MOUNTAIN INC
Total number of holdings 98
Top ten holdings aggregate 32.2%
  1. APPLE INC
  2. NVIDIA CORP
  3. MICROSOFT CORP
  4. WELLTOWER INC
  5. BERKSHIRE HATHAWAY INC CL B
  6. JONES LANG LASALLE INC
  7. IRON MOUNTAIN INC
  8. JPMORGAN CHASE & CO
  9. COSTCO WHOLESALE CORP
  10. WALMART INC
Total number of holdings 99
Top ten holdings aggregate 31.5%
  1. CONSTELLATION ENERGY CORP
  2. NVIDIA CORP
  3. APPLE INC
  4. NRG ENERGY INC
  5. MICROSOFT CORP
  6. AMAZON.COM INC
  7. BERKSHIRE HATHAWAY INC CL B
  8. WALMART INC
  9. COSTCO WHOLESALE CORP
  10. JPMORGAN CHASE & CO
Total number of holdings 96
Top ten holdings aggregate 36.6%
  1. CONSTELLATION ENERGY CORP
  2. APPLE INC
  3. MICROSOFT CORP
  4. NRG ENERGY INC
  5. NVIDIA CORP
  6. AMAZON.COM INC
  7. BERKSHIRE HATHAWAY INC CL B
  8. WALMART INC
  9. COSTCO WHOLESALE CORP
  10. PROCTER & GAMBLE CO
Total number of holdings 96
Top ten holdings aggregate 37.0%
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Portfolio manager

Managed by Geode - Geode Capital Management is a global systematic investment manager. With a robust infrastructure and talented investment professionals, Geode offers clients the scale of a large asset management firm, with the benefits of a versatile investment platform – flexibility and customization. Geode is able to offer institutional investors the essential building blocks for today’s changing investment landscape.

As at June 30, 2024, Geode manages over $1.3 trillion.