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Fidelity Systematic Canadian Bond Index ETF Series L (FCCB : NEO)

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Canadian Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Close
(08-04-2025) 		$22.53
Change
$0.00 (0.00%)
Open $22.53
Day Range - - -
Volume 0

As at June 30, 2025

As at March 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolume2024-09-302024-10-282024-11-252024-12-232025-01-202025-02-172025-03-172025-04-142025-05-122025-06-092025-07-072025-08-042024-10-012024-12-012025-02-012025-04-012025-06-01$22.00$22.50$23.00$23.5001,000,0002,000,000Period
Created with Highcharts 10.3.32024-09-302024-10-282024-11-252024-12-232025-01-202025-02-172025-03-172025-04-142025-05-122025-06-092025-07-072025-08-042025-08…2024-10-012024-11-012024-12-012025-01-012025-02-012025-03-012025-04-012025-05-012025-06-012025-07-01-4%-3%-2%-1%0%1%2%Period

Legend

Fidelity Systematic Canadian Bond Index ETF Series L

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Fund Returns

Inception Return (September 20, 2019): 0.92%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.10% -0.52% 1.24% 1.24% 6.12% 5.39% 4.66% 0.36% -0.16% - - - - -
Benchmark 0.04% -0.65% 1.32% 1.32% 5.82% 4.77% 4.10% 0.07% -0.47% 0.86% 1.77% 1.66% 1.46% 1.83%
Category Average 0.15% 1.23% 1.23% 1.23% 5.39% 4.36% 3.76% -0.44% -0.60% 0.49% 1.25% 1.08% 0.96% 1.19%
Category Rank 262 / 481 226 / 479 278 / 478 278 / 478 148 / 458 78 / 432 94 / 413 106 / 408 110 / 378 - - - - -
Quartile Ranking 3 2 3 3 2 1 1 2 2 - - - - -

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.21% 0.39% 1.94% -0.84% 1.67% -0.59% 1.08% 1.13% -0.44% -0.95% 0.34% 0.10%
Benchmark 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04%

Best Monthly Return Since Inception

4.73% (April 2020)

Worst Monthly Return Since Inception

-4.10% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - 8.61% -2.76% -11.89% 7.26% 5.00%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking - - - - - 2 2 3 1 1
Category Rank - - - - - 164/ 370 195/ 392 217/ 409 66/ 418 66/ 442

Best Calendar Return (Last 10 years)

8.61% (2020)

Worst Calendar Return (Last 10 years)

-11.89% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 50.85
Canadian Government Bonds 41.47
Cash and Equivalents 7.25
Foreign Government Bonds 0.36
Foreign Corporate Bonds 0.09

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.77
Cash and Cash Equivalent 7.24

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.63
Europe 0.38

Top Holdings

Top Holdings
Name Percent
Fidelity Canadian Money Market Investment Trust O -
Canada Government 2.00% 01-Dec-2051 -
Canada Government 5.00% 01-Jun-2037 -
Canada Government 2.75% 01-Dec-2064 -
Canada Government 3.50% 01-Dec-2045 -
Canada Government 1.75% 01-Dec-2053 -
Canada Government 3.25% 01-Jun-2035 -
Canada Government 2.75% 01-Dec-2048 -
ONTARIO PROV 4.15% 02-Dec-2054 -
Ontario Province 2.90% 02-Jun-2049 -

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618200%2%4%6%8%10%

Fidelity Systematic Canadian Bond Index ETF Series L

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 6.17% 6.03% -
Beta 0.97% 0.99% -
Alpha 0.01% 0.00% -
Rsquared 0.93% 0.95% -
Sharpe 0.12% -0.41% -
Sortino 0.47% -0.65% -
Treynor 0.01% -0.03% -
Tax Efficiency 69.94% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.81% 6.17% 6.03% -
Beta 1.03% 0.97% 0.99% -
Alpha 0.00% 0.01% 0.00% -
Rsquared 0.98% 0.93% 0.95% -
Sharpe 0.70% 0.12% -0.41% -
Sortino 1.54% 0.47% -0.65% -
Treynor 0.03% 0.01% -0.03% -
Tax Efficiency 76.48% 69.94% - -

Fund Details

Start Date September 20, 2019
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,898
52 Week High $23.31
52 Week Low $22.18
Annual Dividend $0.74
Annual Yield -
Index Fidelity Canada Systematic Canadian Bond Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

Fidelity Systematic Canadian Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Systematic Canadian Bond Index. This Fidelity ETF invests primarily in Canadian fixed income securities.

Investment Strategy

In order to achieve its investment objective, Fidelity Systematic Canadian Bond Index ETF normally invests its assets in the Constituent Securities of the Fidelity Canada Systematic Canadian Bond Index.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Brandon Bettencourt
  • Richard Munclinger
Sub-Advisor

Fidelity Management and Research (FMR) Company

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Fees

MER 0.29%
Management Fee 0.25%

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