FGRO
  • NAV $15.35 11-Dec-2024
  • $0.08 / 0.51% Daily NAV change
  • 29.20% YTD return
  • MARKET PRICE 11-Dec-2024
  • $15.36   
  • Inception 21-Jan-2021
  • Net assets $1.067B
    12-Dec-2024
  • Units outstanding 69,750,000
    12-Dec-2024
  • Management fee 0.00% *
  • MER 0.42%
    30-Sep-2024
  • Investment program DRIP
  • Distributions
  • Benchmark Blended Index**
  • Rebalance frequency Annual
  • Exchange Cboe CA
  • CUSIP 31581P106
  • Morningstar category Global Equity Balanced
  • Also available through Trust CDN$
  • 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 82% equity factors, 15% systematic and actively managed fixed income ETFs and 3% 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 (%) 30-Nov-2024

YTD 2024 2023 2022
ETF (NAV) 29.31 16.88 -8.97
ETF (Market price) 29.33 16.92 -8.85

Standard period returns (%) 30-Nov-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception
ETF (NAV) 6.58 10.58 15.13 33.08 12.64 13.02
ETF (Market price) 6.80 10.64 15.11 33.14 12.70 13.00

Risk measures (%) 30-Nov-2024

Fund
Annualized standard deviation 12.07
Beta 0.96
0.97

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 (%)

11-Dec-2024
  • Fund name Percentage
    Fidelity U.S. Momentum ETF 11.1
    Fidelity U.S. Value ETF 10.4
    Fidelity U.S. High Quality ETF 10.2
    Fidelity U.S. Low Volatility ETF 9.8
  • Fund name Percentage
    Fidelity Canadian Momentum ETF 5.1
    Fidelity Canadian High Quality ETF 5.0
    Fidelity Canadian Value ETF 4.8
    Fidelity Canadian Low Volatility ETF 4.7
  • Fund name Percentage
    Fidelity International Momentum ETF 4.9
    Fidelity International High Quality ETF 4.7
    Fidelity International Low Volatility ETF 4.5
    Fidelity International Value ETF 4.5
  • Fund name Percentage
    Fidelity Systematic Canadian Bond Index ETF 10.2
    Fidelity Global Core Plus Bond ETF 3.3
  • Fund name Percentage
    Fidelity Advantage Bitcoin ETF® 4.8
  • Fund name Percentage
    Fidelity Global Small Cap Opportunities Fund 2.0
  • Fund name Percentage
    Canadian Dollar 0.0

Allocation

Country mix (%)

30-Nov-2024

Sector mix (%)

30-Nov-2024
12 months ago Last month Current month
Financials 14.0 17.7 18.1
Information Technology 14.4 13.9 13.4
Industrials 12.2 13.5 13.2
Consumer Staples 5.1 6.5 6.4
Energy 7.6 6.3 6.2
Health Care 6.3 4.5 5.7
Consumer Disc. 8.2 7.2 5.7
Materials 4.5 4.4 4.7
Utilities 2.5 4.4 3.7
Communication Services 4.0 3.2 2.6
Real Estate 2.7 0.9 1.8
Multi Sector 0.3 0.3 0.3

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 at June 30, 2024, Geode manages over $1.3 trillion.