Key stats
About FIDELITY U S VALUE CURRENCY NEUTRAL UNIT SER L
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Inception date
Jun 5, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
The fund is passively managed to provide exposure to large- and mid-cap undervalued US stocks. The fund employs a smart beta investment and rules-based proprietary index methodology, to provide investors with exposure to targeted strategic factors. The starting universe is composed of the largest 1,000 US stocks. Stocks are screened further based on their composite factor score, which is based on free cash flow yield, EBITDA to enterprise value, tangible book value to price, and earnings over the next 12 months to price. In the case of banks, only return on equity and debt to assets are used for the calculation. Size bias is removed by blending the composite score with a size factor. Within each sector, securities are selected based on the size-adjusted composite score. Between 60 to 100 stocks are selected, and sector groups with higher return on invested capital are given more weight. The index is rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Health Technology
Stocks100.05%
Finance29.94%
Electronic Technology14.30%
Technology Services11.94%
Health Technology10.80%
Utilities9.73%
Health Services6.93%
Producer Manufacturing5.63%
Transportation4.61%
Retail Trade2.12%
Process Industries1.33%
Consumer Services1.22%
Consumer Durables0.99%
Communications0.28%
Distribution Services0.17%
Bonds, Cash & Other−0.05%
Cash−0.05%
Stock breakdown by region
North America99.35%
Europe0.65%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FCVH invests in stocks. The fund's major sectors are Finance, with 29.95% stocks, and Electronic Technology, with 14.31% of the basket. The assets are mostly located in the North America region.
FCVH top holdings are Apple Inc. and Edison International, occupying 5.01% and 4.92% of the portfolio correspondingly.
FCVH last dividends amounted to 0.05 CAD. The quarter before, the issuer paid 0.04 CAD in dividends, which shows a 21.42% increase.
FCVH assets under management is 173.84 M CAD. It's risen 18.89% over the last month.
FCVH fund flows account for 127.23 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FCVH pays dividends to its holders with the dividend yield of 1.07%. The last dividend (Jun 30, 2025) amounted to 0.05 CAD. The dividends are paid quarterly.
FCVH shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Jun 5, 2020, and its management style is Passive.
FCVH expense ratio is 0.43% meaning you'd have to pay 0.43% of your investment to help manage the fund.
FCVH follows the Fidelity Canada U.S. Value Currency Neutral Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FCVH invests in stocks.
FCVH price has risen by 1.65% over the last month, and its yearly performance shows a 9.85% increase. See more dynamics on FCVH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.13% over the last month, showed a 3.67% increase in three-month performance and has increased by 8.90% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.13% over the last month, showed a 3.67% increase in three-month performance and has increased by 8.90% in a year.
FCVH trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.