• NAV $10.09 20-Jun-2024
  • -$0.03 / -0.28% Daily NAV change
  • MARKET PRICE 20-Jun-2024
  • $10.17   
  • Inception 16-May-2024
  • Aggregate exposure
    Long 100.4%
    Short -4.9%
    Net 95.5%
    Cash 4.5%
    30-Apr-2024
  • Aggregate assets
    (all series)
    $2.535B
    31-May-2024
  • Units outstanding 3,985,000
    21-Jun-2024
  • Management fee 0.90%
  • Investment program DRIP
  • Distributions Annually
  • Benchmark MSCI All Country World Index
  • Exchange Toronto Stock Exchange
  • CUSIP 316215102
  • Also available through: Trust US$ and Trust CDN$ 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.

Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?

  • Combines complementary investment styles together to help diversify risk and offer the potential for above-market returns over the long term.
  • One-ticket global equity strategy with exposure to a liquid alternative in a traditional mutual fund.
  • Underlying funds managed by an experienced team of portfolio managers with long-term track records.

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

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

This fund has a medium volatility rating

Allocation to underlying funds (%)

31-Jan-2024
  • Fund name Percentage
    Fidelity Greater Canada Fund 33.4
    Fidelity Canadian Large Cap Multi-Asset Base Fund 23.5
  • Fund name Percentage
    Fidelity Global Innovators Investment Trust 33.1
  • Fund name Percentage
    Fidelity Global Value Long/Short Fund 10.2
  • Fund name Percentage
    Net other assets -0.1

Allocation

Asset mix (%)

30-Apr-2024
Long Short Net
Foreign Equities 65.1 -4.8 60.3
Canadian Equities 34.2 -0.1 34.2
Convertibles 0.5 - 0.5
Foreign Bonds 0.5 - 0.5
Cash & Other 5.0 -0.5 4.5

Country mix (%)

30-Apr-2024
Long Short Net
United States 57.1 -4.8 52.3
Canada 33.7 -0.1 33.6
United Kingdom 5.4 - 5.4
China 2.1 - 2.1
Japan 1.1 - 1.1
Switzerland 0.7 - 0.7
Sweden 0.7 - 0.7
Germany 0.5 - 0.5
Belgium 0.5 - 0.5
France 0.5 - 0.5
Spain 0.5 - 0.5
Italy 0.4 - 0.4
Taiwan 0.5 -0.1 0.4
Netherlands 0.4 - 0.4
Denmark 0.4 - 0.4
South Korea 0.3 - 0.3
Australia 0.1 - 0.1
Israel 0.1 - 0.1
Greece 0.1 - 0.1
Ireland - - -
Kazakhstan - - -
Cash & Net Other Assets 0.1 -0.4 -0.2

Sector mix (%)

30-Apr-2024
Long Short Net
Information Technology 21.5 -1.7 19.8
Consumer Staples 15.6 - 15.6
Industrials 13.5 -0.2 13.3
Consumer Disc. 11.4 -1.6 9.9
Health Care 9.5 -0.1 9.4
Communication Services 8.1 -0.2 7.9
Materials 6.3 -0.1 6.3
Financials 6.6 -0.9 5.7
Energy 4.4 - 4.4
Utilities 2.2 -0.1 2.1
Real Estate 0.7 - 0.7