Fund code: 6518

  • NAV
    $12.68 $0.08 / 0.60%
    31-Jan-2023
  • Inception 24-Jan-2019
  • Benchmark Fidelity Canada Canadian Low Volatility Index
  • Aggregate assets
    (all series)
    $7.3M
    31-Dec-2022
  • MER 1.67%
    30-Sep-2022
  • Distributions
  • Morningstar category Canadian Equity
  • Also available through: ETF CDN$
  • Get Fund Facts

End investment

Annualized return

Choose a chart type (percentage or dollar)
Choose a predefined chart period
to:

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

Calendar returns†† (%) 31-Jan-2023

YTD 2023 2022 2021 2020
Fund 4.95 -2.77 22.70 -5.42

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

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund 4.95 5.92 3.00 1.18 4.67 7.39

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-Dec-2022

Fund
Annualized standard deviation 16.02
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-Dec-2022

Sector mix (%)

31-Dec-2022
12 months ago Last month Current month
Financials 39.2 37.7 37.2
Industrials 17.8 18.9 18.5
Energy 5.9 11.9 11.7
Consumer Staples 9.0 9.5 9.7
Utilities 9.2 8.4 8.7
Communication Services 7.9 8.1 8.4
Materials 5.2 5.4 5.3
Real Estate - - -
Health Care - - -
Information Technology 5.4 - -
Consumer Disc. - - -

Top ten holdings

  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian National Railway
  4. Canadian Pacific Railway
  5. Metro
  6. Loblaw
  7. Bank of Montreal
  8. Fortis
  9. Rogers Communication, Cl. B, Non Vtg
  10. Bank of Nova Scotia
Total number of holdings 58
Top ten holdings aggregate 42.3%
  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian National Railway
  4. Canadian Pacific Railway
  5. BROOKFIELD ASSET INC VTG CL A
  6. Bank of Montreal
  7. Metro
  8. Fortis
  9. Bank of Nova Scotia
  10. Loblaw
Total number of holdings 57
Top ten holdings aggregate 42.2%
  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%
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.