Fund code: 6521

  • NAV $19.23 -$0.05 / -0.25%
    11-Dec-2024
  • Inception 24-Jan-2019
  • Benchmark Fidelity Canada U.S. Low Volatility Index
  • Aggregate assets
    (all series)
    $27.2M
    30-Nov-2024
  • MER 1.67%
    30-Sep-2024
  • Distributions
  • Morningstar category U.S. Equity
  • Also available through ETF CDN$, ETF US$ and Trust US$
  • 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-Nov-2024

YTD 2024 2023 2022 2021 2020
Fund 25.78 9.46 -3.84 21.58 8.49

Standard period returns (%) 30-Nov-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund 5.13 8.31 16.65 25.67 12.19 11.61 13.27

Why invest in this fund?

  • Single-factor exposure to companies with lower volatility than the broader U.S. 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 (%) 30-Nov-2024

Fund
Annualized standard deviation 10.77
Beta 0.99
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-Oct-2024

Sector mix (%)

31-Oct-2024
12 months ago Last month Current month
Information Technology 20.0 23.1 22.8
Financials 21.1 20.3 20.8
Industrials 16.9 15.8 15.9
Consumer Staples 12.1 12.0 11.4
Materials - 9.2 9.5
Utilities 9.3 9.0 9.3
Health Care 6.2 5.1 4.9
Consumer Disc. 4.0 3.4 3.3
Communication Services 1.4 1.9 2.0
Multi Sector 0.1 0.1 0.1
Real Estate 9.0 - -
Energy - - -

Top ten holdings

  1. Apple
  2. Microsoft
  3. Xcel Energy
  4. Duke Energy
  5. Linde plc
  6. AptarGroup
  7. Air Products & Chemicals
  8. Berkshire Hathaway, Cl. B
  9. Procter & Gamble
  10. J. P. Morgan Chase
Total number of holdings 98
Top ten holdings aggregate 35.9%
  1. Microsoft
  2. Apple
  3. Duke Energy
  4. Xcel Energy
  5. Linde plc
  6. AptarGroup
  7. Air Products & Chemicals
  8. Walmart
  9. Procter & Gamble
  10. Coca-Cola
Total number of holdings 97
Top ten holdings aggregate 35.6%
  1. Microsoft
  2. Apple
  3. Duke Energy
  4. Xcel Energy
  5. Linde plc
  6. AptarGroup
  7. Air Products & Chemicals
  8. Procter & Gamble
  9. Visa
  10. Walmart
Total number of holdings 97
Top ten holdings aggregate 34.1%
  1. Apple
  2. Microsoft
  3. Duke Energy
  4. Xcel Energy
  5. American Tower
  6. Equinix
  7. Public Storage
  8. J. P. Morgan Chase
  9. Procter & Gamble
  10. Visa
Total number of holdings 95
Top ten holdings aggregate 36.2%
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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 June 30, 2024, Geode manages over $1.3 trillion.