Fund code: 7548

  • NAV $13.70 $0.08 / 0.58%
    22-Nov-2024
  • Inception 01-Dec-2021
  • Benchmark Fidelity Canada U.S. Low Volatility Index
  • Aggregate assets
    (all series)     $24.4M
    31-Oct-2024
  • MER 1.67%
    31-Mar-2024
  • Distributions
  • Morningstar category U.S. Equity
  • Also available through ETF CDN$, ETF US$ and Trust CDN$
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 31-Oct-2024

YTD 2024 2023 2022 2021 2020
Fund 13.86 11.85 -10.16 22.35 10.68

Standard period returns (%) 31-Oct-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund -1.43 4.20 11.61 24.64 6.77 9.94 11.69

Why invest in this fund?

  • Single-factor exposure to companies with lower volatility than the broader U.S. equity market.
  • An outcome-oriented approach that seeks to provide market-like returns with lower volatility.
  • An efficient complement to a well-diversified portfolio.

Risk measures

Risk measures cannot be calculated on funds that are less than three years old. This fund does not yet meet the required criteria.

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-Sep-2024

Sector mix (%)

30-Sep-2024
12 months ago Last month Current month
Information Technology 20.2 22.6 23.1
Financials 20.8 20.5 20.4
Industrials 16.2 15.9 15.8
Consumer Staples 12.3 12.1 12.0
Materials - 9.0 9.2
Utilities 9.2 8.7 9.0
Health Care 6.5 5.2 5.1
Consumer Disc. 4.0 3.2 3.4
Communication Services 1.5 1.8 1.9
Real Estate 9.1 - -
Energy - - -

Top ten holdings

  1. Apple
  2. Microsoft
  3. Xcel Energy
  4. Duke Energy
  5. Linde plc
  6. AptarGroup
  7. Air Products & Chemicals
  8. Berkshire Hathaway, Cl. B
  9. Procter & Gamble
  10. J. P. Morgan Chase
Total number of holdings 98
Top ten holdings aggregate 35.9%
  1. Microsoft
  2. Apple
  3. Duke Energy
  4. Xcel Energy
  5. Linde plc
  6. AptarGroup
  7. Air Products & Chemicals
  8. Walmart
  9. Procter & Gamble
  10. Coca-Cola
Total number of holdings 97
Top ten holdings aggregate 35.6%
  1. Microsoft
  2. Apple
  3. Duke Energy
  4. Xcel Energy
  5. Linde plc
  6. AptarGroup
  7. Air Products & Chemicals
  8. Procter & Gamble
  9. Visa
  10. Walmart
Total number of holdings 97
Top ten holdings aggregate 34.1%
  1. Apple
  2. Microsoft
  3. Duke Energy
  4. Xcel Energy
  5. American Tower
  6. Equinix
  7. Public Storage
  8. J. P. Morgan Chase
  9. Procter & Gamble
  10. Visa
Total number of holdings 95
Top ten holdings aggregate 36.2%
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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.