Fund code: 2144

  • NAV $12.27 $0.09 / 0.71%
    11-Oct-2024
  • Inception 26-Jan-2021
  • Benchmark Blended Index**
  • Aggregate assets
    (all series)
    $1.112B
    30-Sep-2024
  • MER 0.55%
    31-Mar-2024
  • Distributions
  • Morningstar category Global Neutral Balanced
  • Also available through ETF CDN$ and Trust T-Series
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 30-Sep-2024

YTD 2024 2023 2022
Fund 15.25 13.79 -9.67

Standard period returns (%) 30-Sep-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund 2.25 5.90 7.12 25.40 7.81 7.60

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 (%) 30-Sep-2024

Fund
Annualized standard deviation 9.97
Beta 0.97
0.98

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 (%)

31-Aug-2024
  • Fund name Percentage
    Fidelity Systematic Canadian Bond Index ETF 28.8
    Fidelity Global Core Plus Bond ETF 9.4
  • Fund name Percentage
    Fidelity U.S. Momentum ETF 7.8
    Fidelity U.S. High Quality ETF 7.4
    Fidelity U.S. Low Volatility ETF 7.3
    Fidelity U.S. Value ETF 7.3
  • Fund name Percentage
    Fidelity Canadian Momentum ETF 3.7
    Fidelity Canadian High Quality ETF 3.6
    Fidelity Canadian Low Volatility ETF 3.6
    Fidelity Canadian Value ETF 3.6
    Fidelity Advantage Bitcoin ETF 2.1
  • Fund name Percentage
    Fidelity International Momentum ETF 3.7
    Fidelity International Low Volatility ETF 3.6
    Fidelity International High Quality ETF 3.6
    Fidelity International Value ETF 3.4
    Fidelity Global Small Cap Opportunities Fund - ETF Series 1.6
  • Fund name Percentage
    Net other assets -0.4

Allocation

Country mix (%)

31-Aug-2024

Sector mix (%)

31-Aug-2024
12 months ago Last month Current month
Financials 11.2 12.0 12.5
Information Technology 10.6 9.8 10.0
Industrials 8.9 9.1 9.7
Consumer Disc. 5.0 5.4 5.2
Consumer Staples 4.8 4.0 4.9
Energy 5.1 5.8 4.6
Health Care 4.6 3.2 3.5
Materials 4.5 3.4 3.1
Utilities 1.8 2.2 3.1
Communication Services 2.0 2.3 2.3
Real Estate 1.9 2.3 0.7
Multi Sector 0.2 0.2 0.2

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.