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Fidelity Canadian Low Volatility Index ETF Fund

Fund code: 6518

  • NAV
    $11.68 -$0.27 / -2.26%
    06-Oct-2022
  • Inception 24-Jan-2019
  • Benchmark Fidelity Canada Canadian Low Volatility Index
  • Aggregate assets
    (all series)
    $7.1M
    30-Sep-2022
  • MER 1.71%
    31-Mar-2022
  • Distributions
  • Morningstar category Canadian Equity
  • Also available through: ETF CDN$
  • 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-Sep-2022

YTD 2022 2021 2020
Fund -6.87 22.70 -5.42

Standard period returns†† (%) 30-Sep-2022

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund -4.42 -1.80 -11.26 -0.81 2.82 5.45

Why invest in this fund?

  • Single-factor exposure to companies with lower volatility than the broader Canadian 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-Aug-2022

Fund
Annualized standard deviation 15.26
Beta 1.00
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-Aug-2022

Sector mix (%)

31-Aug-2022
12 months ago Last month Current month
Financials 37.9 35.7 37.1
Industrials 17.8 18.6 18.3
Energy 6.3 10.6 11.8
Utilities 9.3 9.7 9.9
Consumer Staples 9.2 10.3 9.4
Communication Services 8.3 7.8 8.0
Materials 5.3 5.6 5.2
Information Technology 5.8 1.3 -
Real Estate - - -
Health Care - - -
Consumer Disc. - - -

Top ten holdings

  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian National Railway
  4. Canadian Pacific Railway
  5. Loblaw
  6. Fortis
  7. Bank of Nova Scotia
  8. Metro
  9. BROOKFIELD ASSET INC VTG CL A
  10. Emera
Total number of holdings 61
Top ten holdings aggregate 42.2%
  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian National Railway
  4. Canadian Pacific Railway
  5. Bank of Nova Scotia
  6. BROOKFIELD ASSET INC VTG CL A
  7. Bank of Montreal
  8. Loblaw
  9. Fortis
  10. Metro
Total number of holdings 61
Top ten holdings aggregate 42.5%
  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian National Railway
  4. BROOKFIELD ASSET INC VTG CL A
  5. Bank of Nova Scotia
  6. Loblaw
  7. Fortis
  8. Bank of Montreal
  9. Canadian Pacific Railway
  10. Metro
Total number of holdings 59
Top ten holdings aggregate 43.5%
  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian National Railway
  4. BROOKFIELD ASSET INC VTG CL A
  5. Bank of Nova Scotia
  6. Fortis
  7. Bank of Montreal
  8. Loblaw
  9. Canadian Pacific Railway
  10. Metro
Total number of holdings 59
Top ten holdings aggregate 41.7%
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.

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