Using value factor ETFs
The value factor seeks lower-cost securities that are undervalued relative to their intrinsic value. Less expensive securities that could beat expectations may offer investors more upside.
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NAV $10.03 $0.03 / 0.28%
- Inception 03-Jun-2025
- Benchmark Fidelity Canada International Value Index
- Distributions Semi-Annually
- Also available through ETF CDN$
- Get Fund Facts
In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.
Calendar returns
In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.
Standard period returns
In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.
Why invest in this fund?
- Single-factor exposure to companies that exhibit attractive valuations.
- An outcome-oriented approach that seeks to identify undervalued securities with an opportunity to outperform over the long term.
- 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
- Low
- Low to medium
- Medium
- Medium to high
- High
This fund has a medium volatility rating
Allocation
Asset mix (%)
30-Apr-2025
Country mix (%)
30-Apr-2025
Sector mix (%)
30-Apr-2025
| 12 months ago | Last month | Current month | |
|---|---|---|---|
| Financials | 27.0 | 30.7 | 31.2 |
| Materials | 13.7 | 12.8 | 12.7 |
| Industrials | 10.7 | 11.5 | 12.1 |
| Utilities | - | 11.0 | 11.8 |
| Real Estate | 8.2 | 9.7 | 10.3 |
| Energy | 11.4 | 11.4 | 10.0 |
| Health Care | 5.4 | 5.0 | 5.0 |
| Consumer Disc. | 18.3 | 4.4 | 4.4 |
| Information Technology | 2.2 | 1.7 | 1.8 |
| Multi Sector | 1.0 | 1.0 | 0.9 |
| Consumer Staples | 2.2 | 0.8 | 0.8 |
| Communication Services | - | - | - |
Top ten holdings
- RWE
- Centrica
- Klépierre S.A.
- Shell
- Daiwa House Industry
- Kansai Electric Power
- Sun Hung Kai Properties
- TotalEnergies
- BP
- INPEX
| Total number of holdings | 103 |
|---|---|
| Top ten holdings aggregate | 32.2% |
- Shell
- Toyota Motor
- ENGIE
- Centrica
- DRAX GROUP PLC
- BHP Group Ltd.
- Nippon Steel
- TotalEnergies
- Sony
- Rio Tinto (Reg.)
| Total number of holdings | 104 |
|---|---|
| Top ten holdings aggregate | 24.9% |
- BHP Group Ltd.
- Shell
- ENGIE
- TotalEnergies
- DRAX GROUP PLC
- Rio Tinto (Reg.)
- Nippon Steel
- LVMH
- Glencore
- Toyota Motor
| Total number of holdings | 104 |
|---|---|
| Top ten holdings aggregate | 25.0% |
- Shell
- TotalEnergies
- Toyota Motor
- Holcim
- Daiwa House Industry
- INPEX
- Vonovia
- LVMH
- Nippon Steel
- BHP Group Ltd.
| Total number of holdings | 107 |
|---|---|
| Top ten holdings aggregate | 22.2% |
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 at March 31, 2025, Geode manages over $1.5 trillion.
