Key stats
About FIDELITY TACTICAL HIGH INCOME FUND 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 diversifies investments globally across various income-producing securities, including equity and fixed-income assets. Selection is based on assets, earnings, and cash flows to identify undervalued companies. Investments may be made directly or indirectly via underlying funds, including those managed by Fidelity. The fund will generally hold stocks, convertibles, investment-grade and junk bonds, floating-rate debts, and asset- and mortgage-backed securities. Additionally, it also holds high-yield and distressed securities and may maintain cash holdings or opt for government securities during market downturns. The fund engages in securities lending, uses derivatives for both hedging and non-hedging purposes, and invests in commodities through ETFs and derivatives. To potentially enhance returns and manage risk, the fund's strategy involves writing covered call options and carefully assessing the financial stability, growth potential, and industry positioning of companies.
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FTHI trades at 10.41 CAD today, its price has fallen −0.29% in the past 24 hours. Track more dynamics on FTHI price chart.
FTHI net asset value is 10.42 today — it's risen 2.09% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FTHI assets under management is 31.42 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
and its yearly performance shows a 1.56% increase. See more dynamics on FTHI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a −0.09% decrease in three-month performance and has decreased by −2.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a −0.09% decrease in three-month performance and has decreased by −2.05% in a year.
FTHI fund flows account for 29.56 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, FTHI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FTHI technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTHI shows the buy signal. See more of FTHI technicals for a more comprehensive analysis.
Today, FTHI technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTHI shows the buy signal. See more of FTHI technicals for a more comprehensive analysis.
Yes, FTHI pays dividends to its holders with the dividend yield of 2.78%.
FTHI trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FTHI shares are issued by FMR LLC
FTHI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 16, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.