• NAV $10.98 03-Jan-2025
  • $0.16 / 1.45% Daily NAV change
  • 2.01% YTD return
  • MARKET PRICE 03-Jan-2025
  • $10.91   
  • Inception 16-May-2024
  • Aggregate assets
    (all series)     $7.273B
    31-Dec-2024
  • Units outstanding 2,335,000
    06-Jan-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 (%) 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 (%)

30-Nov-2024

Sector mix (%)

30-Nov-2024
12 months ago Last month Current month
Sovereign 36.9 21.3 19.4
Technology & Electronics 10.2 13.2 16.6
Energy 7.9 9.8 9.4
Basic Industry 4.8 6.3 5.3
Capital Goods - 5.6 5.3
Retail 4.7 5.0 5.3
Financial Services - 4.3 5.3
Transportation - 4.0 3.9
Banking 4.1 - 3.7
Consumer Goods 2.9 - 3.7
Health Care 5.2 4.7 -
Media 5.6 4.2 -
Leisure 4.0 - -

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%
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