Fund code: 7629

  • NAV
    $11.59 -$0.02 / -0.18%
    05-Jun-2023
  • Inception 18-May-2022
  • Benchmark Fidelity Canada Total Metaverse Index
  • Aggregate assets
    (all series)     $1.7M
    31-May-2023
  • MER 1.88%
    30-Sep-2022
  • Distributions Annually
  • Morningstar category Global Equity
  • Also available through: ETF CDN$
  • Get Fund Facts

Calculation not available for this fund.

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

Calendar returns (%) 31-May-2023

YTD 2023
Fund 23.54

Standard period returns (%) 31-May-2023

1 mo 3 mo 6 mo 1 yr Inception
Fund 4.11 10.00 21.06 10.69 14.12

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 (%)

30-Apr-2023

Country mix (%)

30-Apr-2023

Sector mix (%)

30-Apr-2023
12 months ago Last month Current month
Communication Services - 49.8 50.2
Information Technology - 33.4 33.0
Financials - 12.7 12.8
Real Estate - 2.1 2.1
Industrials - 1.1 1.1
Consumer Disc. - 0.7 0.6
Health Care - - -
Utilities - - -
Energy - - -
Consumer Staples - - -
Materials - - -

Top ten holdings

  1. META PLATFORMS INC CL A
  2. Nvidia
  3. TENCENT HOLDINGS LTD
  4. Apple
  5. ALPHABET INC CL A
  6. Adobe
  7. SEA LTD ADR
  8. Samsung Electronics
  9. Nintendo
  10. Electronic Arts
Total number of holdings 82
Top ten holdings aggregate 39.0%
  1. TENCENT HOLDINGS LTD
  2. META PLATFORMS INC CL A
  3. Adobe
  4. Apple
  5. ALPHABET INC CL A
  6. Nvidia
  7. Nintendo
  8. Samsung Electronics
  9. NETEASE INC ADR
  10. Electronic Arts
Total number of holdings 79
Top ten holdings aggregate 37.1%
  1. ALPHABET INC CL A
  2. Apple
  3. TENCENT HOLDINGS LTD
  4. META PLATFORMS INC CL A
  5. Nvidia
  6. Adobe
  7. Nintendo
  8. Microsoft
  9. Electronic Arts
  10. Samsung Electronics
Total number of holdings 80
Top ten holdings aggregate 36.7%
  1. TENCENT HOLDINGS LTD
  2. ALPHABET INC CL A
  3. Apple
  4. Adobe
  5. META PLATFORMS INC CL A
  6. Nvidia
  7. Nintendo
  8. NETEASE INC ADR
  9. Electronic Arts
  10. Dassault Systèmes
Total number of holdings 80
Top ten holdings aggregate 38.6%
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.