FCNS
  • NAV $9.53 21-Mar-2023
  • $0.03 / 0.35% Daily NAV change
  • 3.93% YTD return
  • MARKET PRICE 21-Mar-2023
  • $9.54   
  • Inception 20-Jan-2022
  • Net assets $52.4M
    21-Mar-2023
  • Units outstanding 5,500,000
    21-Mar-2023
  • Management fee 0.00% *
  • MER 0.38%
    30-Sep-2022
  • Investment program DRIP
  • Distributions
  • Benchmark Blended benchmark**
  • Exchange NEO Exchange
  • CUSIP 31581E101
  • Morningstar category Global Fixed Income Balanced
  • Also available through: Trust CDN$
  • Get ETF Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?

  • A global multi-asset strategy designed with a neutral mix of approximately 40% equity factors, 59% systematic and actively managed fixed income ETFs and 1% cryptocurrencies.
  • A one-ticket solution diversified across regions, market caps and investment styles/factors, with the attractions of professional management.
  • A lower-cost* solution, designed with built-in strategic asset allocation and consistent portfolio rebalancing.

Calendar returns (%) 28-Feb-2023

YTD 2023
ETF (NAV) 2.91
ETF (Market price) 2.94

Standard period returns (%) 28-Feb-2023

1 mo 3 mo 6 mo 1 yr Inception†
ETF (NAV) -1.12 0.52 4.17 -3.25 -4.03
ETF (Market price) -1.15 0.51 4.21 -3.21 -3.22

Risk measures

Risk measures cannot be calculated on funds that are less than three years old. This fund does not yet meet the required criteria.

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a low to medium volatility rating

Allocation to underlying funds (%)

21-Mar-2023
  • Fund name Percentage
    Fidelity Systematic Canadian Bond Index ETF 44.4
    Fidelity Global Core Plus Bond ETF 14.7
  • Fund name Percentage
    Fidelity U.S. High Quality Index ETF 5.1
    Fidelity U.S. Momentum Index ETF 5.0
    Fidelity U.S. Low Volatility Index ETF 5.0
    Fidelity U.S. Value Index ETF 5.0
  • Fund name Percentage
    Fidelity International Low Volatility Index ETF 2.5
    Fidelity International Momentum Index ETF 2.5
    Fidelity International Value Index ETF 2.5
    Fidelity International High Quality Index ETF 2.5
  • Fund name Percentage
    Fidelity Canadian High Quality Index ETF 2.4
    Fidelity Canadian Value Index ETF 2.4
    Fidelity Canadian Momentum Index ETF 2.4
    Fidelity Canadian Low Volatility Index ETF 2.4
  • Fund name Percentage
    Fidelity Advantage Bitcoin ETF(TM) 1.4
  • Fund name Percentage
    Fidelity Canadian Money Market Investment Trust 0.0
    Canadian Dollar 0.0

Allocation

Country mix (%)

28-Feb-2023

Sector mix (%)

28-Feb-2023
12 months ago Last month Current month
Financials 7.1 7.0 7.4
Information Technology 6.7 5.1 5.7
Industrials 3.5 4.3 4.5
Energy 2.5 4.6 4.3
Materials 4.0 3.6 4.0
Health Care 3.6 3.9 3.8
Consumer Disc. 2.9 3.3 3.6
Consumer Staples 3.4 3.1 2.7
Utilities 2.6 2.5 1.5
Real Estate 2.0 1.3 1.5
Communication Services 1.5 1.3 1.3
Multi Sector - 0.1 0.1

Portfolio manager

Managed by Geode - Geode Capital Management is a global systematic investment manager. With a robust infrastructure and talented investment professionals, Geode offers clients the scale of a large asset management firm, with the benefits of a versatile investment platform – flexibility and customization. Geode is able to offer institutional investors the essential building blocks for today’s changing investment landscape.

As of December 31, 2022, Geode manages over $866 billion.