- NAV $9.99
-
Daily NAV change
- Inception 27-Jan-2026
-
Units outstanding
-
Management fee 0.85%
-
Investment program DRIP
- Distributions Annually
- Exchange Toronto Stock Exchange
-
CUSIP 315824722
-
Also available through: Trust CDN$, 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 (%) 31-Dec-2025
| Fund | |
|---|---|
| Annualized standard deviation | 9.89 |
| Beta | 0.65 |
| R² | 0.51 |
Risk classification
- Low
- Low to medium
- Medium
- Medium to high
- High
This fund has a medium volatility rating
Allocation
Asset mix (%)
30-Nov-2025
Country mix (%)
30-Nov-2025
Sector mix (%)
30-Nov-2025
| 12 months ago | Last month | Current month | |
|---|---|---|---|
| Financials | 30.6 | 28.0 | 32.9 |
| Industrials | 7.0 | 14.1 | 14.6 |
| Health Care | 15.1 | 13.1 | 12.6 |
| Information Technology | 8.0 | 20.6 | 11.6 |
| Consumer Staples | 10.8 | 6.1 | 6.1 |
| Utilities | 4.7 | 5.9 | 5.9 |
| Consumer Disc. | 9.6 | 6.4 | 5.2 |
| Communication Services | 5.4 | 4.3 | 4.8 |
| Energy | - | 0.5 | 0.5 |
| Materials | - | 0.1 | 0.1 |
| Real Estate | - | - | - |
Top ten holdings
- 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% |
- Berkshire Hathaway, Cl. B
- Microsoft
- CACI International
- Progressive
- Parsons Corporation
- J. P. Morgan Chase
- HCA Healthcare
- Aon
- Visa
- Alimentation Couche-Tard
| Total number of holdings | 50 |
|---|---|
| Top ten holdings aggregate | 49.6% |
- Berkshire Hathaway, Cl. B
- CACI International
- Progressive
- HCA Healthcare
- Visa
- Aon
- J. P. Morgan Chase
- Microsoft
- Marsh McLennan
- Parsons Corporation
| Total number of holdings | 44 |
|---|---|
| Top ten holdings aggregate | 45.9% |
- Berkshire Hathaway, Cl. B
- The J.M. Smucker Company
- CACI International
- The Campbell's Company
- Progressive
- Aon
- Marsh McLennan
- Visa
- HCA Healthcare
- UnitedHealth Group
| Total number of holdings | 42 |
|---|---|
| Top ten holdings aggregate | 49.8% |
Portfolio managers
-
Fund information