• NAV $11.14 22-Aug-2025
  • $0.10 / 0.86% Daily NAV change
  • 5.30% YTD return
  • MARKET PRICE 22-Aug-2025
  • $11.13   
  • Inception 16-May-2024
  • Aggregate assets
    (all series)     $8.326B
    31-Jul-2025
  • Units outstanding 2,885,000
    22-Aug-2025
  • Management fee 0.75%
  • MER 0.98%
    31-Mar-2025
  • Investment program DRIP
  • Distributions
  • Trailing 12 month yield 2.85%
    05-Aug-2025
  • Benchmark None
  • Exchange Toronto Stock Exchange
  • CUSIP 31642L664
  • Morningstar category Tactical Balanced
  • 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 diversified income solution that can offer the potential for enhanced yield.
  • Employs active asset allocation to take advantage of market opportunities.
  • Leverages  Fidelity’s global resources and expertise in high-income investing.

Calendar returns (%) 31-Jul-2025

YTD 2025
ETF (NAV) 4.07
ETF (Market price) 3.73

Standard period returns (%) 31-Jul-2025

1 mo 3 mo 6 mo 1 yr Inception†
ETF (NAV) 3.79 10.78 0.44 10.49 11.29
ETF (Market price) 3.91 10.16 0.17 10.08 9.83

Risk measures (%) 31-Jul-2025

Fund
Annualized standard deviation 8.12
Beta 0.91
R² 0.69

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

Asset mix (%)

30-Jun-2025

Country mix (%)

30-Jun-2025

Sector mix (%)

30-Jun-2025
12 months ago Last month Current month
Technology & Electronics 14.5 17.9 23.2
Sovereign 34.8 18.1 20.3
Energy 9.8 10.8 8.2
Utility - 6.6 6.1
Banking - 4.1 6.1
Retail 3.7 5.0 5.3
Media 4.7 4.8 4.6
Capital Goods 4.6 4.6 4.0
Financial Services - 4.5 4.0
Leisure 3.0 - 3.3
Basic Industry 3.7 4.0 -
Health Care 3.6 - -

Top ten holdings

  1. USTB 1.25% 05/15/50
  2. USTB 1.875% 02/15/51
  3. Nvidia
  4. Microsoft
  5. MICROSTRATEGY CV 0.625% 3/30
  6. Amazon.com
  7. DHT Holdings
  8. Capital Power
  9. TransAlta Corporation
  10. BASS PRO TERM B 1LN 01/23/32
Total number of holdings 348
Top ten holdings aggregate 34.6%
  1. USTB 1.25% 05/15/50
  2. DHT Holdings
  3. USTB 1.875% 02/15/51
  4. Scorpio Tankers
  5. BASS PRO TERM B 1LN 01/23/32
  6. Capital Power
  7. ECHOSTAR CORP 10.75% 11/30/29
  8. X CORP TERM 1LN 10/29/29
  9. TransAlta Corporation
  10. MICROSTRATEGY CV 0.625% 3/30
Total number of holdings 448
Top ten holdings aggregate 23.9%
  1. USTB 1.25% 05/15/50
  2. DHT Holdings
  3. USTB 4.25% 02/15/54
  4. Amazon.com
  5. Scorpio Tankers
  6. TransAlta Corporation
  7. ECHOSTAR CORP 10.75% 11/30/29
  8. Meta Platforms
  9. GREAT OUTDOORS TM B2 1LN 03/28
  10. USTB 1.375% 08/15/50
Total number of holdings 461
Top ten holdings aggregate 17.6%
  1. USTB 4.25% 02/15/54
  2. USTN 3.5% 04/30/30
  3. DHT Holdings
  4. Apple
  5. Microsoft
  6. Nvidia
  7. Meta Platforms
  8. Frontline
  9. PEMEX 6.95% 01/28/60
  10. GREAT OUTDOORS TM B2 1LN 03/28
Total number of holdings 374
Top ten holdings aggregate 35.0%
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