• NAV $10.06 25-Apr-2025
  • $0.09 / 0.88% Daily NAV change
  • -5.94% YTD return
  • MARKET PRICE 25-Apr-2025
  • $10.06   
  • Inception 16-May-2024
  • Aggregate assets
    (all series)     $7.849B
    31-Mar-2025
  • Units outstanding 3,025,000
    25-Apr-2025
  • 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
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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 (%) 31-Mar-2025

Fund
Annualized standard deviation 8.82
Beta 0.94
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 (%)

28-Feb-2025

Sector mix (%)

28-Feb-2025
12 months ago Last month Current month
Sovereign 35.9 18.7 20.1
Technology & Electronics 10.8 13.9 12.4
Energy 11.3 9.1 8.5
Retail 4.4 7.7 6.8
Basic Industry 4.3 5.1 5.7
Capital Goods 4.0 5.0 5.7
Banking 4.2 3.9 4.6
Financial Services - 4.2 4.6
Transportation - 5.1 4.5
Media 4.1 4.9 4.0
Health Care 5.1 - -
Leisure 3.6 - -

Top ten holdings

  1. USTB 1.25% 05/15/50
  2. DHT Holdings
  3. USTB 1.875% 02/15/51
  4. Scorpio Tankers
  5. BASS PRO TERM B 1LN 01/23/32
  6. Capital Power
  7. ECHOSTAR CORP 10.75% 11/30/29
  8. X CORP TERM 1LN 10/29/29
  9. TransAlta Corporation
  10. MICROSTRATEGY CV 0.625% 3/30
Total number of holdings 448
Top ten holdings aggregate 23.9%
  1. USTB 1.25% 05/15/50
  2. DHT Holdings
  3. USTB 4.25% 02/15/54
  4. Amazon.com
  5. Scorpio Tankers
  6. TransAlta Corporation
  7. ECHOSTAR CORP 10.75% 11/30/29
  8. Meta Platforms
  9. GREAT OUTDOORS TM B2 1LN 03/28
  10. USTB 1.375% 08/15/50
Total number of holdings 461
Top ten holdings aggregate 17.6%
  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%
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