- NAV $11.17
-
Daily NAV change
- MARKET PRICE 14-Oct-2026
-
$11.17
- Inception 27-Jan-2026
-
Aggregate assets30-Sep-2026
(all series) $623.2M -
Units outstanding 310,00015-Oct-2026
-
Management fee 0.85%
-
MER 1.11%30-Jun-2026
-
Investment program DRIP
- Distributions Annually
- Exchange Toronto Stock Exchange
-
CUSIP 315824722
- Morningstar category U.S. Equity
-
Also available through: Trust CDN$, Trust US$, Class US$, Class CDN$, Class currency neutral and Trust T-Series S5
- Get ETF Facts
In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.
Why invest in this fund?
- Focuses on companies that have strong business models and shareholder-oriented management teams and that are trading at attractive valuations in the manager’s view.
- Seeks investment opportunities in the U.S., the world’s largest and most liquid financial market, through a high-conviction portfolio.
- Backed by Fidelity’s global research network and managed by tenured portfolio manager Darren Lekkerkerker.
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 (%) 30-Sep-2026
| Fund | |
|---|---|
| Annualized standard deviation | 12.13 |
| Beta | 0.80 |
| R² | 0.58 |
Risk classification
- Low
- Low to medium
- Medium
- Medium to high
- High
This fund has a medium volatility rating
Allocation
Asset mix (%)
31-Aug-2026
Country mix (%)
31-Aug-2026
Sector mix (%)
31-Aug-2026
| 12 months ago | Last month | Current month | |
|---|---|---|---|
| Information Technology
|
12.6 | 29.6 | 32.0 |
| Financials
|
35.6 | 16.0 | 16.1 |
| Consumer Disc.
|
6.4 | 14.8 | 13.4 |
| Communication Services
|
1.4 | 13.7 | 13.1 |
| Industrials
|
14.9 | 9.4 | 8.4 |
| Health Care
|
15.7 | 5.7 | 6.3 |
| Real Estate
|
- | 4.6 | 4.1 |
| Materials
|
- | 2.2 | 3.4 |
| Energy
|
- | 1.1 | 1.4 |
| Consumer Staples
|
5.5 | 1.5 | 1.3 |
| Utilities
|
5.5 | - | - |
Top ten holdings
- Nvidia
- Microsoft
- Alphabet, Cl. C
- Amazon.com
- Meta Platforms
- Apple
- J. P. Morgan Chase
- Thermo Fisher Scientific
- Lam Research
- Visa
| Total number of holdings | 54 |
|---|---|
| Top ten holdings aggregate | 55.6% |
- Alphabet, Cl. C
- Nvidia
- Amazon.com
- Caterpillar
- J. P. Morgan Chase
- Apple
- Lam Research
- Micron Technology
- KLA Corporation
- Meta Platforms
| Total number of holdings | 54 |
|---|---|
| Top ten holdings aggregate | 49.7% |
- Nvidia
- Alphabet, Cl. C
- Amazon.com
- J. P. Morgan Chase
- Apple
- Woodward
- Caterpillar
- Meta Platforms
- Chevron
- GE Vernova
| Total number of holdings | 50 |
|---|---|
| Top ten holdings aggregate | 47.9% |
- Microsoft
- Berkshire Hathaway, Cl. B
- J. P. Morgan Chase
- Progressive
- CACI International
- Alphabet, Cl. C
- BlackRock
- HCA Healthcare
- Marsh McLennan
- Aon
| Total number of holdings | 56 |
|---|---|
| Top ten holdings aggregate | 42.9% |
Portfolio managers
-
Fund information