Fund code: 7877

  • NAV $9.67decrease -$0.01 / -0.11%
    18-Sep-2026
  • Inception 03-Jun-2025
  • Benchmark FTSE Canada Universe Bond Index
  • MER 1.03%
    31-Mar-2026
  • Distributions
  • Trailing 12 month yield 3.32%
    31-Aug-2026
  • Yield To Worst 4.72%
    31-Jul-2026
  • Duration 6.6 years
    31-Jul-2026
  • Morningstar category Canadian Core Plus Fixed Income
  • Also available through Trust US$ and ETF CDN$
  • Get Fund Facts
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Calendar returns (%) 31-Aug-2026

YTD 2026
Fund -0.14

Standard period returns (%) 31-Aug-2026

1 mo 3 mo 6 mo 1 yr Inception
Fund 0.01 -1.31 -1.71 1.18 1.22

Why invest in this fund?

  • A global multi-asset strategy designed with a neutral mix of 100% actively managed and systematic fixed income ETFs, with generally more emphasis on Canadian fixed income securities.
  • A one-ticket solution diversified across regions, fixed income sectors and investment styles, with the attractions of professional management.
  • A lower-cost solution,* designed with built-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 volatility rating

Allocation to underlying funds (%)

17-Sep-2026
  • Fund name Percentage
    Fidelity Systematic Canadian Bond Index ETF 70.1
    Fidelity Core U.S. Bond ETF 4.9
  • Fund name Percentage
    Fidelity Global Core Plus Bond ETF 12.5
    Fidelity Absolute Income Fund 12.5
  • Fund name Percentage
    Canadian Dollar 0.0

Allocation

Country mix (%)

31-Aug-2026

Credit quality (%)

31-Jul-2026
12 months ago Last month Current month
AAA - 8.9 8.6
AA - 33.7 32.9
A - 10.4 10.2
BBB - 36.1 37.0
BB - 6.4 6.2
B - 3.7 3.7
CCC & Below - 0.4 0.4
Cash & Net Other Assets - 0.4 0.2
Not Rated/Not Available - 0.1 0.8

Top ten holdings

  1. Province of Ontario
  2. Government of Canada
  3. U.S. Treasury Notes
  4. Province of Quebec
  5. United States Treasury Bond
  1. Province of Ontario
  2. Government of Canada
  3. U.S. Treasury Notes
  4. Province of Quebec
  5. United States Treasury Bond
  1. Province of Ontario
  2. Government of Canada
  3. U.S. Treasury Notes
  4. Province of Quebec
  5. United States Treasury Bond
  1. Government of Canada
  2. Province of Ontario
  3. U.S. Treasury Notes
  4. Province of Quebec
  5. United States Treasury Bond
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 at June 30, 2026, Geode manages over $2.2 trillion.