Fund code: 6533

  • NAV $12.98 $0.13 / 1.05%
    27-Mar-2024
  • Inception 24-Jan-2019
  • Benchmark Fidelity Canada Canadian High Quality Index
  • Aggregate assets
    (all series)
    $6.2M
    29-Feb-2024
  • MER 1.66%
    30-Sep-2023
  • Distributions
  • Morningstar category Canadian Equity
  • Also available through ETF CDN$
  • 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 (%) 29-Feb-2024

YTD 2024 2023 2022 2021 2020
Fund 2.12 10.31 -9.22 21.59 1.52

Standard period returns (%) 29-Feb-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund 2.11 5.02 6.41 8.18 7.16 5.12 5.97

Why invest in this fund?

  • Single-factor exposure to companies with strong balance sheets and more stable cash flows than the broader Canadian equity market.
  • An outcome-oriented approach that has the potential to outperform over time.
  • An efficient complement to a well-diversified portfolio.

Risk measures (%) 29-Feb-2024

Fund
Annualized standard deviation 12.67
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-Jan-2024

Sector mix (%)

31-Jan-2024
12 months ago Last month Current month
Financials 25.4 25.2 24.9
Energy 22.8 21.2 21.1
Materials 18.2 15.9 14.8
Information Technology 10.7 13.0 14.1
Consumer Staples - 9.0 9.3
Consumer Disc. 9.2 7.9 7.9
Industrials 6.3 7.5 7.6
Multi Sector - 0.3 0.3
Health Care - - -
Real Estate 7.1 - -
Utilities - - -
Communication Services - - -

Top ten holdings

  1. Royal Bank of Canada
  2. Toronto-Dominion Bank
  3. Canadian Natural Resources
  4. Enbridge
  5. Constellation Software
  6. Alimentation Couche-Tard
  7. Restaurant Brands International
  8. Dollarama
  9. Suncor Energy
  10. Barrick Gold
Total number of holdings 63
Top ten holdings aggregate 38.4%
  1. Royal Bank of Canada
  2. Canadian Natural Resources
  3. Toronto-Dominion Bank
  4. Enbridge
  5. Alimentation Couche-Tard
  6. Constellation Software
  7. Suncor Energy
  8. Dollarama
  9. Restaurant Brands International
  10. Nutrien
Total number of holdings 63
Top ten holdings aggregate 41.5%
  1. Royal Bank of Canada
  2. Enbridge
  3. Constellation Software
  4. Toronto-Dominion Bank
  5. Alimentation Couche-Tard
  6. Canadian Natural Resources
  7. Restaurant Brands International
  8. CGI
  9. Dollarama
  10. Open Text
Total number of holdings 60
Top ten holdings aggregate 39.3%
  1. Royal Bank of Canada
  2. Enbridge
  3. Toronto-Dominion Bank
  4. Alimentation Couche-Tard
  5. Constellation Software
  6. Canadian Natural Resources
  7. CGI
  8. Restaurant Brands International
  9. Nutrien
  10. Dollarama
Total number of holdings 60
Top ten holdings aggregate 38.0%
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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 of December 31, 2022, Geode manages over $866 billion.