• NAV $10.63 27-Jun-2025
  • $0.05 / 0.48% Daily NAV change
  • -0.05% YTD return
  • MARKET PRICE 27-Jun-2025
  • $10.64   
  • Inception 16-May-2024
  • Aggregate assets
    (all series)
    $7.806B
    31-May-2025
  • Units outstanding 3,000,000
    27-Jun-2025
  • Management fee 0.75%
  • MER 0.99%
    30-Sep-2024
  • Investment program DRIP
  • Distributions
  • Trailing 12 month yield 2.78%
    03-Jun-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-May-2025

YTD 2025
ETF (NAV) -3.32
ETF (Market price) -3.33

Standard period returns (%) 31-May-2025

1 mo 3 mo 6 mo 1 yr Inception
ETF (NAV) 2.92 -4.94 -5.45 5.59 5.49
ETF (Market price) 2.66 -4.74 -5.71 5.57 4.12

Risk measures (%) 31-May-2025

Fund
Annualized standard deviation 8.49
Beta 0.89
0.73

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 (%)

31-May-2025

Sector mix (%)

31-May-2025
12 months ago Last month Current month
Sovereign 33.0 18.6 18.1
Technology & Electronics 12.8 15.4 17.9
Energy 10.5 9.5 10.8
Utility 3.3 5.4 6.6
Retail 3.3 6.1 5.0
Media 4.5 - 4.8
Capital Goods 4.8 4.1 4.6
Financial Services - 4.3 4.5
Banking - - 4.1
Basic Industry 4.5 5.6 4.0
Health Care 4.5 4.7 -
Leisure - 4.2 -
Transportation 4.7 - -

Top ten holdings

  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%
  1. USTN 4.125% 11/15/32
  2. USTN 3.5% 04/30/30
  3. USTB 3.875% 02/15/43
  4. Apple
  5. DHT Holdings
  6. USTB 4.5% 02/15/44
  7. USTB 4.25% 02/15/54
  8. Nvidia
  9. Frontline
  10. Microsoft
Total number of holdings 302
Top ten holdings aggregate 44.6%
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