Fund code: 2143

  • NAV
    $9.90 $0.08 / 0.78%
    02-Jun-2023
  • Inception 26-Jan-2021
  • Benchmark Blended Index**
  • Aggregate assets
    (all series)     $175.9M
    31-May-2023
  • MER 1.70%
    30-Sep-2022
  • Distributions
  • Morningstar category Global Neutral Balanced
  • Also available through: ETF CDN$ and Trust T-Series S5
  • Get Fund Facts

End investment

Annualized return

Choose a chart type (percentage or dollar)
Choose a predefined chart period
to:

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

Calendar returns (%) 31-May-2023

YTD 2023 2022
Fund 3.51 -10.69

Standard period returns (%) 31-May-2023

1 mo 3 mo 6 mo 1 yr Inception
Fund -2.78 0.27 0.69 2.29 0.47

Why invest in this fund?

  • A global multi-asset strategy designed with a neutral mix of approximately 59% equity factors and 39% systematic and actively managed fixed income ETFs and 2% 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 build-in strategic asset allocation and consistent portfolio rebalancing.

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 low to medium volatility rating

Allocation to underlying funds (%)

30-Apr-2023
  • Fund name Percentage
    FIDELITY SYSTEMATIC CANADIAN B Fund 28.8
    FIDELITY GLOBAL CORE PLUS BOND Fund 9.5
  • Fund name Percentage
    FIDELITY U.S. LOW VOLATILITY I Fund 7.5
    FIDELITY U.S. HIGH QUALITY IND Fund 7.4
    FIDELITY U.S. VALUE INDEX ETF Fund 7.4
    FIDELITY U.S. MOMENTUM INDEX E Fund 7.4
  • Fund name Percentage
    FIDELITY CANADIAN VALUE INDEX Fund 3.7
    FIDELITY CANADIAN MOMENTUM IND Fund 3.7
    FIDELITY CANADIAN HIGH QUALITY Fund 3.6
    FIDELITY CANADIAN LOW VOLATILI Fund 3.6
    ADVANTAGE BITCOIN ETF Fund 2.6
  • Fund name Percentage
    FIDELITY INTERNATIONAL LOW VOL Fund 3.9
    FIDELITY INTERNATIONAL MOMENTU Fund 3.8
    FIDELITY INTERNATIONAL HIGH QU Fund 3.7
    FIDELITY INTERNATIONAL VALUE I Fund 3.7
  • Fund name Percentage
    Net other assets -0.1

Allocation

Country mix (%)

30-Apr-2023

Sector mix (%)

30-Apr-2023
12 months ago Last month Current month
Financials 9.8 10.8 11.0
Information Technology 9.6 7.7 7.6
Industrials 5.2 6.9 6.9
Energy 4.0 6.2 6.3
Health Care 5.6 5.7 5.8
Materials 6.3 5.7 5.5
Consumer Disc. 4.2 5.4 5.3
Consumer Staples 5.4 4.2 4.3
Utilities 4.1 2.3 2.3
Real Estate 3.0 2.1 2.0
Communication Services 2.2 1.9 1.9
Multi Sector 0.1 0.3 0.3

Top ten holdings

  1. Apple
  2. Microsoft
  3. Royal Bank of Canada
  4. Toronto-Dominion Bank
  5. Exxon Mobil
  6. CF INDUSTRIES HOLDINGS INC
  7. Enbridge
  8. Linde plc
  9. Consolidated Edison
  10. Canadian Natural Resources
Total number of holdings 2,731
Top ten holdings aggregate
  1. Apple
  2. Microsoft
  3. Royal Bank of Canada
  4. Toronto-Dominion Bank
  5. ConocoPhillips
  6. Enbridge
  7. Coca Cola
  8. Canadian Natural Resources
  9. Exxon Mobil
  10. Canadian National Railway
Total number of holdings 2,839
Top ten holdings aggregate
  1. Apple
  2. Microsoft
  3. Royal Bank of Canada
  4. ConocoPhillips
  5. Toronto-Dominion Bank
  6. Enbridge
  7. Procter & Gamble
  8. Exxon Mobil
  9. Coca Cola
  10. Nutrien
Total number of holdings 2,723
Top ten holdings aggregate
  1. Apple
  2. Microsoft
  3. Royal Bank of Canada
  4. Toronto-Dominion Bank
  5. NRG Energy
  6. Enbridge
  7. Exelon
  8. Procter & Gamble
  9. Exxon Mobil
  10. Canadian Natural Resources
Total number of holdings 2,525
Top ten holdings aggregate
View all

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 of December 31, 2022, Geode manages over $866 billion.