Fund code: 6533

  • NAV $13.22 -$0.07 / -0.50%
    22-May-2024
  • Inception 24-Jan-2019
  • Benchmark Fidelity Canada Canadian High Quality Index
  • Aggregate assets
    (all series)
    $6.7M
    30-Apr-2024
  • MER 1.66%
    30-Sep-2023
  • Distributions
  • Morningstar category Canadian Equity
  • Also available through ETF CDN$
  • 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-Apr-2024

YTD 2024 2023 2022 2021 2020
Fund 6.16 10.31 -9.22 21.59 1.52

Standard period returns (%) 30-Apr-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund -0.98 6.15 14.24 9.75 5.48 5.01 6.56

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.
  • See important closure notice*

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 medium volatility rating

Allocation

Asset mix (%)

31-Mar-2024

Sector mix (%)

31-Mar-2024
12 months ago Last month Current month
Financials 23.5 25.5 24.3
Energy 21.7 23.4 23.2
Industrials 7.1 19.8 18.9
Materials 16.9 14.3 14.9
Consumer Staples 9.3 8.9 8.1
Consumer Disc. 8.1 8.2 7.6
Information Technology 12.6 2.7 2.5
Multi Sector 0.7 0.3 0.4
Utilities - - -
Health Care - - -
Real Estate - - -
Communication Services - - -

Top ten holdings

  1. Royal Bank of Canada
  2. Canadian Natural Resources
  3. Canadian Pacific Kansas City Limited
  4. Enbridge
  5. Canadian National Railway
  6. Toronto-Dominion Bank
  7. Alimentation Couche-Tard
  8. Suncor Energy
  9. Restaurant Brands International
  10. Dollarama
Total number of holdings 63
Top ten holdings aggregate 38.3%
  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian Natural Resources
  4. Enbridge
  5. Constellation Software
  6. Alimentation Couche-Tard
  7. Restaurant Brands International
  8. Dollarama
  9. Suncor Energy
  10. Barrick Gold
Total number of holdings 63
Top ten holdings aggregate 38.4%
  1. Royal Bank of Canada
  2. Canadian Natural Resources
  3. Toronto-Dominion Bank
  4. Enbridge
  5. Alimentation Couche-Tard
  6. Constellation Software
  7. Suncor Energy
  8. Dollarama
  9. Restaurant Brands International
  10. Nutrien
Total number of holdings 63
Top ten holdings aggregate 41.5%
  1. Royal Bank of Canada
  2. Enbridge
  3. Constellation Software
  4. Toronto-Dominion Bank
  5. Alimentation Couche-Tard
  6. Canadian Natural Resources
  7. Restaurant Brands International
  8. CGI
  9. Dollarama
  10. Open Text
Total number of holdings 60
Top ten holdings aggregate 39.3%
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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.