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About FIDELITY INVESTMENTS CANADA ULC ADVANTAGE ETHER ETF
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Inception date
Sep 26, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
The fund directly invests in ether from acceptable sources. Ether, which is the native digital currency of the Ethereum Network, is stored using the issuers in-house storage services. The fund substantially invests only in ether. Each ether source serves as a spot market where the digital currency can be exchanged for US dollars or, in some cases, Canadian dollars. The portfolio manager conducts due diligence on each proposed ether source, confirming its reputation and stability through research of executive officers and significant shareholders. The fund confirms that the ether source complies with anti-money laundering regulations and maintains appropriate know-your-client policies and procedures. The fund is subject to certain conflicts of interest, such as covering all charges prior to an investor receiving any return on investment. An investment in the ETF is not guaranteed by any entity. The fund does not hedge its USD/CAD currency exposure against losses caused by changes in the exchange rate.
Classification
Geography
Global
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
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FETH assets under management is 52.97 M CAD. It's risen 0.27% over the last month.
FETH fund flows account for 38.57 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.
No, FETH doesn't pay dividends to its holders.
FETH shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Sep 26, 2022, and its management style is Passive.
FETH expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
FETH follows the ETH/CAD Exchange Rate - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FETH invests in cash.
FETH price has risen by 6.54% over the last month, and its yearly performance shows a −5.33% decrease. See more dynamics on FETH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 88.76% increase in three-month performance and has decreased by −3.26% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 88.76% increase in three-month performance and has decreased by −3.26% in a year.
FETH trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.