Fund code: 7629

  • NAV $11.99 -$0.12 / -0.98%
    25-Apr-2024
  • Inception 18-May-2022
  • Benchmark Fidelity Canada Total Metaverse Index
  • Aggregate assets
    (all series)     $3.5M
    31-Mar-2024
  • MER 1.88%
    30-Sep-2023
  • Distributions
  • Morningstar category Global Equity
  • Also available through ETF CDN$
  • Get Fund Facts

Calculation not available for this fund.

Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 31-Mar-2024

YTD 2024 2023
Fund 7.34 36.89

Standard period returns (%) 31-Mar-2024

1 mo 3 mo 6 mo 1 yr Inception
Fund 1.35 7.34 23.57 22.70 18.03

Why invest in this fund?

  • The metaverse is expected to be the next iteration of the internet. Fidelity has the capabilities to identify and include in the index companies that are expected to drive the construction of the metaverse.
  • A global equity strategy offering exposure to various aspects of the metaverse, digital payments and cryptocurrency industries.
  • The Fund leverages Fidelity’s trusted approach to index design, including our vast global network and research capabilities.

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

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a high volatility rating

Allocation

Asset mix (%)

29-Feb-2024

Country mix (%)

29-Feb-2024

Sector mix (%)

29-Feb-2024
12 months ago Last month Current month
Information Technology 44.0 49.6 49.8
Communication Services 50.9 31.8 31.0
Financials 2.3 13.8 14.3
Real Estate - 4.8 4.8
Materials - - -
Health Care - - -
Consumer Staples - - -
Industrials 1.9 - -
Utilities - - -
Energy - - -
Consumer Disc. 0.9 - -

Top ten holdings

  1. Nvidia
  2. Alphabet, Cl. A
  3. Microsoft
  4. Meta Platforms
  5. Apple
  6. Samsung Electronics
  7. Tencent Holdings
  8. Advanced Micro Devices
  9. Qualcomm
  10. Intel
Total number of holdings 86
Top ten holdings aggregate 40.6%
  1. Meta Platforms
  2. Nvidia
  3. Alphabet, Cl. A
  4. Apple
  5. Microsoft
  6. Samsung Electronics
  7. Intel
  8. Adobe
  9. Qualcomm
  10. Tencent Holdings
Total number of holdings 84
Top ten holdings aggregate 38.6%
  1. Meta Platforms
  2. Alphabet, Cl. A
  3. Microsoft
  4. Apple
  5. Nvidia
  6. Samsung Electronics
  7. Adobe
  8. Tencent Holdings
  9. Qualcomm
  10. Equinix
Total number of holdings 82
Top ten holdings aggregate 40.1%
  1. Adobe
  2. Tencent Holdings
  3. Nvidia
  4. Meta Platforms
  5. Samsung Electronics
  6. Alphabet, Cl. A
  7. Nintendo
  8. NetEase
  9. Digital Realty Trust
  10. Electronic Arts
Total number of holdings 82
Top ten holdings aggregate 38.1%
View all

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.