Fund code: 6533

  • NAV
    $11.47 $0.21 / 1.91%
    02-Jun-2023
  • Inception 24-Jan-2019
  • Benchmark Fidelity Canada Canadian High Quality Index
  • Aggregate assets
    (all series)
    $5.1M
    31-May-2023
  • MER 1.66%
    30-Sep-2022
  • Distributions
  • Morningstar category Canadian Equity
  • Also available through: ETF CDN$
  • 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 2021 2020
Fund 1.06 -9.22 21.59 1.52

Standard period returns (%) 31-May-2023

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund -5.29 -2.96 -2.44 -3.40 8.35 4.40

Why invest in this fund?

  • Single-factor exposure to companies with strong balance sheets and more stable cash flows than the broader Canadian equity market.
  • An outcome-oriented approach that has the potential to outperform over time.
  • An efficient complement to a well-diversified portfolio.

Risk measures (%) 30-Apr-2023

Fund
Annualized standard deviation 12.93
Beta 0.99
1.00

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a medium volatility rating

Allocation

Asset mix (%)

30-Apr-2023

Sector mix (%)

30-Apr-2023
12 months ago Last month Current month
Financials 26.8 23.5 23.7
Energy 25.4 21.7 22.4
Materials 16.0 16.9 16.3
Information Technology 10.4 12.6 12.6
Consumer Staples - 9.3 9.2
Consumer Disc. 9.0 8.1 8.1
Industrials 5.6 7.1 7.0
Multi Sector - 0.7 0.7
Real Estate 6.5 - -
Utilities - - -
Health Care - - -
Communication Services - - -

Top ten holdings

  1. Royal Bank of Canada
  2. Enbridge
  3. Toronto-Dominion Bank
  4. Alimentation Couche-Tard
  5. Constellation Software
  6. Canadian Natural Resources
  7. CGI INC CL A SUB VTG
  8. RESTAURANT BRANDS INTRNTNL INC
  9. Nutrien
  10. Dollarama
Total number of holdings 60
Top ten holdings aggregate 38.0%
  1. Royal Bank of Canada
  2. Enbridge
  3. Toronto-Dominion Bank
  4. Canadian Natural Resources
  5. RESTAURANT BRANDS INTRNTNL INC
  6. Constellation Software
  7. Nutrien
  8. Barrick Gold
  9. Suncor Energy
  10. Dollarama
Total number of holdings 58
Top ten holdings aggregate 39.1%
  1. Royal Bank of Canada
  2. Enbridge
  3. Toronto-Dominion Bank
  4. Nutrien
  5. Canadian Natural Resources
  6. Dollarama
  7. Constellation Software
  8. RESTAURANT BRANDS INTRNTNL INC
  9. Barrick Gold
  10. Suncor Energy
Total number of holdings 58
Top ten holdings aggregate 39.8%
  1. Royal Bank of Canada
  2. Enbridge
  3. Toronto-Dominion Bank
  4. Canadian Natural Resources
  5. Suncor Energy
  6. Dollarama
  7. Barrick Gold
  8. RESTAURANT BRANDS INTRNTNL INC
  9. Bank of Nova Scotia
  10. Wheaton Precious Metals
Total number of holdings 57
Top ten holdings aggregate 41.8%
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.