• NAV $10.90 20-Feb-2025
  • -$0.05 / -0.46% Daily NAV change
  • 1.49% YTD return
  • MARKET PRICE 20-Feb-2025
  • $10.91   
  • Inception 16-May-2024
  • Aggregate assets
    (all series)     $7.834B
    31-Jan-2025
  • Units outstanding 2,860,000
    21-Feb-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-Jan-2025

Fund
Annualized standard deviation 8.34
Beta 0.88
R² 0.69

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-Dec-2024

Sector mix (%)

31-Dec-2024
12 months ago Last month Current month
Sovereign 37.5 19.4 19.0
Technology & Electronics 9.8 16.6 14.8
Energy 7.9 9.4 9.1
Retail 5.5 5.3 6.3
Capital Goods 3.5 5.3 5.6
Financial Services - 5.3 4.7
Basic Industry 3.8 5.3 4.7
Media 4.7 - 4.1
Transportation - 3.9 3.9
Consumer Goods - 3.7 3.9
Banking 4.7 3.7 -
Health Care 5.1 - -
Leisure 3.7 - -

Top ten holdings

  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%
  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%
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