Key stats
About FIDELITY INVESTMENTS CANADA ULC ETF SERIES UNITS
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Inception date
May 16, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Fidelity Investments Canada ULC
The fund invests in a diversified mix of equity and fixed-income securities from global issuers. The holdings include four Fidelity funds: Large Cap MultiAsset, Greater Canada, Global Innovators, and Global Value Long/Short Fund. The Fund follows a neutral mix guideline but can adjust asset allocations based on market conditions to optimize returns. These ETFs employ a blend of investment styles, including value, contrarian, and growth styles to mitigate downside risk and reduce volatility. When selecting securities, the portfolio management teams consider various factors, including financial condition, industry position, market conditions, earnings outlook, and management quality. When using a fund-of-funds wrapper, total fees should be accounted for.
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
Technology Services
Consumer Non-Durables
Retail Trade
Stocks94.60%
Technology Services14.55%
Consumer Non-Durables13.85%
Retail Trade13.52%
Finance8.89%
Electronic Technology6.64%
Non-Energy Minerals4.29%
Health Technology3.70%
Consumer Services3.53%
Producer Manufacturing3.48%
Communications3.47%
Industrial Services2.82%
Transportation2.76%
Utilities2.52%
Consumer Durables2.46%
Commercial Services2.11%
Process Industries0.98%
Energy Minerals0.80%
Miscellaneous0.71%
Distribution Services0.24%
Health Services0.21%
Bonds, Cash & Other5.40%
Cash7.97%
Government0.73%
Corporate0.05%
Mutual fund0.00%
Miscellaneous−3.36%
Stock breakdown by region
North America74.56%
Europe17.42%
Asia6.14%
Latin America1.48%
Middle East0.40%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FGEP invests in stocks. The fund's major sectors are Technology Services, with 15.04% stocks, and Consumer Non-Durables, with 14.31% of the basket. The assets are mostly located in the North America region.
FGEP assets under management is 139.24 M CAD. It's risen 44.06% over the last month.
FGEP fund flows account for 100.49 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, FGEP doesn't pay dividends to its holders.
FGEP shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on May 16, 2024, and its management style is Active.
FGEP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FGEP invests in stocks.
FGEP price has risen by 4.17% over the last month, and its yearly performance shows a 13.51% increase. See more dynamics on FGEP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.34% over the last month, showed a 0.21% increase in three-month performance and has increased by 2.56% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.34% over the last month, showed a 0.21% increase in three-month performance and has increased by 2.56% in a year.
FGEP trades at a premium (0.34%) meaning the ETF is trading at a higher price than the calculated NAV.