Fund code: 6524

  • NAV $16.33 -$0.01 / -0.04%
    20-Feb-2024
  • Inception 24-Jan-2019
  • Benchmark Fidelity Canada U.S. Low Volatility Currency Neutral Index
  • Aggregate assets
    (all series)
    $3.0M
    31-Jan-2024
  • MER 1.72%
    30-Sep-2023
  • Distributions
  • Morningstar category U.S. Equity
  • Also available through ETF CDN$, 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-2024

YTD 2024 2023 2022 2021 2020
Fund 1.20 10.91 -10.83 22.15 9.92

Standard period returns (%) 31-Jan-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund 1.20 10.63 6.88 10.12 7.78 9.71 10.19

Why invest in this fund?

  • Single-factor exposure to companies with lower volatility than the broader U.S. equity market.
  • An outcome-oriented approach that seeks to provide market-like returns with lower volatility.
  • An efficient complement to a well-diversified portfolio.

Risk measures (%) 31-Jan-2024

Fund
Annualized standard deviation 14.76
Beta 0.98
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-2023

Sector mix (%)

31-Dec-2023
12 months ago Last month Current month
Financials 19.6 21.3 21.0
Information Technology 18.8 20.5 20.7
Industrials 2.0 16.5 16.4
Consumer Staples 14.3 11.6 11.2
Real Estate 9.5 9.5 9.9
Utilities 10.1 9.0 9.1
Health Care 7.6 6.1 6.1
Consumer Disc. 5.4 4.0 4.1
Communication Services 1.2 1.4 1.4
Multi Sector 0.1 0.1 0.2
Materials 11.4 - -
Energy - - -

Top ten holdings

  1. Apple
  2. Microsoft
  3. Duke Energy
  4. Xcel Energy
  5. American Tower
  6. Equinix
  7. Public Storage
  8. J. P. Morgan Chase
  9. Procter & Gamble
  10. Visa
Total number of holdings 95
Top ten holdings aggregate 36.2%
  1. Apple
  2. Duke Energy
  3. Microsoft
  4. Xcel Energy
  5. Equinix
  6. Public Storage
  7. American Tower
  8. Procter & Gamble
  9. J. P. Morgan Chase
  10. PepsiCo
Total number of holdings 97
Top ten holdings aggregate 35.1%
  1. Apple
  2. Microsoft
  3. Linde plc
  4. Air Products & Chemicals
  5. Public Storage
  6. AptarGroup
  7. Consolidated Edison
  8. American Tower
  9. Duke Energy
  10. Xcel Energy
Total number of holdings 100
Top ten holdings aggregate 37.3%
  1. Apple
  2. Microsoft
  3. Linde plc
  4. Public Storage
  5. Consolidated Edison
  6. Air Products & Chemicals
  7. AptarGroup
  8. American Tower
  9. Duke Energy
  10. Xcel Energy
Total number of holdings 100
Top ten holdings aggregate 37.0%
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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.