Fidelity Alternative Bond Fund and ETF Series
Fidelity Alternative Bond Fund takes a tactical approach to fixed income by using both long and short positions to help navigate the ever-changing bond markets.
- NAV $10.02
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Daily NAV change
- MARKET PRICE 28-May-2026
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$10.00
- Inception 13-May-2026
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Units outstanding 100,00028-May-2026
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Management fee 0.75%
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Investment program DRIP
- Distributions Monthly
- Benchmark ICE BofA 1-3 Year Global Corporate Index, CAD Hedged
- Exchange Toronto Stock Exchange
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CUSIP 31582Q103
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- 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?
- Nimble alternative fixed-income strategy: Dynamic approach to positioning and long/short exposure potentially offers a better risk-adjusted return than long-only strategies, with a lower anticipated volatility profile
- Global, unconstrained opportunity set: Invests across global fixed-income markets including, but not limited to, investment grade corporate bonds, government bonds and up to 25% in high-yield bonds denominated in various currencies
- High quality bias: Focuses on quality issuers and active management of downside risk to manage asymmetric nature of bond returns
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
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
- Low
- Low to medium
- Medium
- Medium to high
- High
This fund has a low volatility rating
