• NAV $10.81 19-Dec-2024
  • -$0.11 / -0.96% Daily NAV change
  • MARKET PRICE 19-Dec-2024
  • $10.85   
  • Inception 16-May-2024
  • Aggregate assets
    (all series)     $7.187B
    30-Nov-2024
  • Units outstanding 2,240,000
    20-Dec-2024
  • Management fee 0.75%
  • MER 0.99%
    30-Sep-2024
  • Investment program DRIP
  • Distributions
  • Benchmark None
  • Exchange Toronto Stock Exchange
  • CUSIP 31642L664
  • Morningstar category Tactical Balanced
  • Get ETF Facts

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

Why invest in this fund?

  • A diversified income solution that can offer the potential for enhanced yield.
  • Employs active asset allocation to take advantage of market opportunities.
  • Leverages  Fidelity’s global resources and expertise in high-income investing.

Calendar returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Standard period returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Risk measures (%) 30-Nov-2024

Fund
Annualized standard deviation 8.16
Beta 0.85
R² 0.72

Risk classification

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

This fund has a low to medium volatility rating

Allocation

Asset mix (%)

31-Oct-2024

Sector mix (%)

31-Oct-2024
12 months ago Last month Current month
Sovereign 37.1 23.8 21.3
Technology & Electronics 11.3 11.7 13.2
Energy 8.9 10.9 9.8
Basic Industry 4.3 4.9 6.3
Capital Goods - 5.9 5.6
Retail 5.7 4.6 5.0
Health Care 3.7 4.5 4.7
Financial Services - - 4.3
Media 5.7 5.2 4.2
Transportation - - 4.0
Consumer Goods - 4.2 -
Leisure 3.9 3.7 -
Banking 3.6 - -
Services 3.0 - -

Top ten holdings

  1. USTB 4.25% 02/15/54
  2. USTN 3.5% 04/30/30
  3. DHT Holdings
  4. Apple
  5. Microsoft
  6. Nvidia
  7. Meta Platforms
  8. Frontline
  9. PEMEX 6.95% 01/28/60
  10. GREAT OUTDOORS TM B2 1LN 03/28
Total number of holdings 374
Top ten holdings aggregate 35.0%
  1. USTN 4.125% 11/15/32
  2. USTN 3.5% 04/30/30
  3. USTB 3.875% 02/15/43
  4. Apple
  5. DHT Holdings
  6. USTB 4.5% 02/15/44
  7. USTB 4.25% 02/15/54
  8. Nvidia
  9. Frontline
  10. Microsoft
Total number of holdings 302
Top ten holdings aggregate 44.6%
  1. USTN 4.125% 11/15/32
  2. USTN 3.5% 04/30/30
  3. USTB 3.875% 02/15/43
  4. DHT Holdings
  5. Microsoft
  6. Nvidia
  7. Agnico Eagle Mines
  8. Canadian Natural Resources
  9. Frontline
  10. Amazon.com
Total number of holdings 318
Top ten holdings aggregate 40.9%
  1. USTB 3.875% 02/15/43
  2. USTN 3.5% 04/30/30
  3. USTN 4.125% 07/31/28
  4. USTN 4.125% 11/15/32
  5. USTN 4% 06/30/28
  6. Microsoft
  7. DHT Holdings
  8. Amazon.com
  9. UBER TECH INC 7.5% 9/27 144A
  10. GREAT OUTDOORS TM B2 1LN 03/28
Total number of holdings 286
Top ten holdings aggregate 46.9%
View all

Portfolio managers