Fund code: 7889

  • NAV $10.33 -$0.02 / -0.20%
    29-Jul-2025
  • Inception 03-Jun-2025
  • Benchmark Fidelity Canada U.S. Value Index
  • Aggregate assets
    (all series)
    $0.8M
    30-Jun-2025
  • Distributions
  • Also available through ETF US$, ETF Currency neutral and ETF CDN$
  • Get Fund Facts

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Standard period returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Why invest in this fund?

  • Single-factor exposure to companies that exhibit attractive valuations.      
  • An outcome-oriented approach that seeks to identify undervalued securities with an opportunity to outperform over the long term.
  • An efficient complement to a well-diversified portfolio.

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 medium volatility rating

Allocation

Asset mix (%)

31-May-2025

Country mix (%)

31-May-2025

Sector mix (%)

31-May-2025
12 months ago Last month Current month
Information Technology 21.7 22.3 24.0
Financials 19.8 21.4 20.3
Health Care 4.8 16.9 15.6
Industrials 15.4 14.3 14.6
Utilities 14.0 9.3 9.3
Real Estate - 8.9 8.9
Consumer Disc. 3.4 4.2 4.4
Communication Services 1.7 2.5 2.6
Multi Sector 0.5 0.3 0.3
Materials 8.2 - -
Consumer Staples - - -
Energy 10.5 - -

Top ten holdings

  1. Nvidia
  2. Microsoft
  3. VICI Properties
  4. Apple
  5. Edison International
  6. Host Hotels & Resorts
  7. PG&E
  8. Berkshire Hathaway, Cl. B
  9. Visa
  10. Caterpillar
Total number of holdings 91
Top ten holdings aggregate 39.4%
  1. Apple
  2. Edison International
  3. VICI Properties
  4. PG&E
  5. Microsoft
  6. Nvidia
  7. Host Hotels & Resorts
  8. Berkshire Hathaway, Cl. B
  9. Visa
  10. UnitedHealth Group
Total number of holdings 92
Top ten holdings aggregate 43.3%
  1. Apple
  2. UGI Corp.
  3. Nvidia
  4. Microsoft
  5. National Fuel Gas Company
  6. UNITED AIRLINES HOLDINGS INC
  7. Exxon Mobil
  8. Berkshire Hathaway, Cl. B
  9. Mosaic
  10. Chevron
Total number of holdings 97
Top ten holdings aggregate 38.3%
  1. Apple
  2. Microsoft
  3. National Fuel Gas Company
  4. Nvidia
  5. UGI Corp.
  6. Exxon Mobil
  7. LyondellBasell Industries
  8. Nucor
  9. Berkshire Hathaway, Cl. B
  10. Mosaic
Total number of holdings 97
Top ten holdings aggregate 38.5%
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 at March 31, 2025, Geode manages over $1.5 trillion.