Fund code: 7546

  • NAV $10.72 $0.03 / 0.26%
    27-May-2024
  • Inception 01-Dec-2021
  • Benchmark Fidelity Canada U.S. Dividend for Rising Rates Index
  • Aggregate assets
    (all series)
    $12.3M
    30-Apr-2024
  • MER 1.68%
    30-Sep-2023
  • Distributions
  • Trailing 12 month yield 1.26%
    30-Apr-2024
  • Morningstar category U.S. Dividend and Income Equity
  • Also available through ETF CDN$, ETF US$, ETF Currency neutral, Trust currency neutral and Trust CDN$
  • 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 2019
Fund 3.92 14.06 -12.16 25.76 3.95 24.98

Standard period returns (%) 30-Apr-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund -4.24 2.42 17.80 14.29 4.90 8.24 7.39

Why invest in this fund?

  • Exposure to U.S. dividend paying companies that are positively correlated to rising interest rates
  • An outcome-oriented approach that seeks to deliver monthly income and capital gains
  • An efficient complement to a well-diversified portfolio

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
Information Technology 25.3 29.7 29.7
Financials 13.3 13.5 13.8
Health Care 14.0 12.2 12.1
Consumer Disc. 9.2 10.4 10.1
Industrials 10.3 9.5 9.6
Communication Services 7.2 7.7 7.8
Consumer Staples 7.3 5.6 5.5
Energy 4.5 3.8 4.0
Materials 2.8 2.6 2.6
Real Estate 3.0 2.6 2.5
Utilities 2.8 2.1 2.1
Multi Sector 0.2 0.3 0.2

Top ten holdings

  1. Microsoft
  2. Apple
  3. Nvidia
  4. J. P. Morgan Chase
  5. Eli Lilly and Company
  6. Home Depot
  7. Exxon Mobil
  8. Visa
  9. MasterCard, Cl. A
  10. Broadcom
Total number of holdings 103
Top ten holdings aggregate 28.2%
  1. Apple
  2. Microsoft
  3. Nvidia
  4. J. P. Morgan Chase
  5. Eli Lilly and Company
  6. UnitedHealth Group
  7. Home Depot
  8. Broadcom
  9. Exxon Mobil
  10. Procter & Gamble
Total number of holdings 104
Top ten holdings aggregate 29.8%
  1. Apple
  2. Microsoft
  3. Nvidia
  4. Eli Lilly and Company
  5. J. P. Morgan Chase
  6. Exxon Mobil
  7. UnitedHealth Group
  8. Home Depot
  9. Procter & Gamble
  10. Johnson & Johnson
Total number of holdings 104
Top ten holdings aggregate 29.3%
  1. Apple
  2. Microsoft
  3. Nvidia
  4. J. P. Morgan Chase
  5. Exxon Mobil
  6. UnitedHealth Group
  7. Eli Lilly and Company
  8. Johnson & Johnson
  9. Home Depot
  10. Procter & Gamble
Total number of holdings 103
Top ten holdings aggregate 29.2%
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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.