Fund code: 4102

  • NAV
    $11.92 $0.12 / 1.02%
    31-Jan-2023
  • Inception 18-Sep-2018
  • Benchmark Fidelity Canada U.S. Dividend for Rising Rates Currency Neutral Index
  • Aggregate assets
    (all series)
    $4.0M
    31-Dec-2022
  • MER 1.70%
    30-Sep-2022
  • Distributions
  • Trailing 12 month yield 1.00%
    31-Jan-2023
  • Morningstar category U.S. Equity
  • Also available through: ETF CDN$, ETF US$, ETF Currency neutral, Trust US$ 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†† (%) 31-Jan-2023

YTD 2023 2022 2021 2020 2019
Fund 4.60 -13.02 25.37 2.24 23.47

Standard period returns†† (%) 31-Jan-2023

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund 4.60 6.07 0.96 -6.81 5.91 5.34

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 (%) 31-Dec-2022

Fund
Annualized standard deviation 21.48
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 (%)

31-Dec-2022

Sector mix (%)

31-Dec-2022
12 months ago Last month Current month
Information Technology 31.5 25.8 24.8
Health Care 14.0 15.6 16.0
Financials 10.7 11.3 10.9
Consumer Disc. 11.4 10.9 10.9
Industrials 8.4 9.2 9.4
Communication Services 7.3 8.0 8.1
Consumer Staples 5.7 5.9 6.0
Energy 2.5 4.8 4.9
Real Estate 3.7 3.4 3.5
Utilities 2.4 2.6 2.8
Materials 2.5 2.4 2.4
Multi Sector - 0.2 0.2

Top ten holdings

  1. Apple
  2. Microsoft
  3. Exxon Mobil
  4. UnitedHealth Group
  5. Chevron
  6. Johnson & Johnson
  7. J. P. Morgan Chase
  8. Home Depot
  9. Merck & Co.
  10. Procter & Gamble
Total number of holdings 103
Top ten holdings aggregate 24.8%
  1. Apple
  2. Microsoft
  3. UnitedHealth Group
  4. Exxon Mobil
  5. Johnson & Johnson
  6. Chevron
  7. Southern Co.
  8. Home Depot
  9. J. P. Morgan Chase
  10. VICI Properties
Total number of holdings 103
Top ten holdings aggregate 25.7%
  1. Apple
  2. Microsoft
  3. UnitedHealth Group
  4. Johnson & Johnson
  5. Exxon Mobil
  6. Chevron
  7. Southern Co.
  8. J. P. Morgan Chase
  9. Verizon Communications
  10. Procter & Gamble
Total number of holdings 103
Top ten holdings aggregate 24.7%
  1. Apple
  2. Microsoft
  3. Nvidia
  4. UnitedHealth Group
  5. Johnson & Johnson
  6. J. P. Morgan Chase
  7. Chevron
  8. Exxon Mobil
  9. Southern Co.
  10. Procter & Gamble
Total number of holdings 101
Top ten holdings aggregate 25.0%
View all

Portfolio manager

Managed by Geode - a global systematic investment manager with more than US$1,009 billion in assets under management*

* As at December 31, 2021.