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Cdn Short Term Fixed Inc
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|
Close (04-10-2024) |
$24.80 |
|---|---|
| Change |
$0.00
(0.00%)
|
| Open | $24.78 |
|---|---|
| Day Range | $24.78 - $24.80 |
| Volume | 7,600 |
As at October 31, 2024
As at September 30, 2024
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Inception Return (September 20, 2019): 2.81%
| 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 | -0.22% | 1.85% | 5.23% | 5.81% | 9.98% | 6.96% | 2.82% | 2.13% | 2.81% | - | - | - | - | - |
| Benchmark | -0.30% | 1.59% | 4.68% | 4.73% | 8.05% | 5.17% | 1.98% | 1.23% | 1.90% | 2.33% | 2.02% | 1.77% | 1.79% | 1.87% |
| Category Average | -0.28% | 4.16% | 4.16% | 4.34% | 7.89% | 5.02% | 1.58% | 1.13% | 1.59% | 1.92% | 1.61% | 1.41% | 1.41% | 1.34% |
| Category Rank | 198 / 327 | 18 / 321 | 25 / 312 | 39 / 280 | 36 / 278 | 27 / 261 | 47 / 248 | 40 / 234 | 26 / 229 | - | - | - | - | - |
| Quartile Ranking | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.99% | 1.92% | 0.03% | 0.28% | 0.62% | -0.39% | 0.97% | 0.78% | 1.54% | 0.60% | 1.47% | -0.22% |
| Benchmark | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% |
2.87% (April 2020)
-3.48% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | 6.53% | -0.51% | -4.29% | 6.85% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | - | - | - | - | - | - | 1 | 2 | 2 | 1 |
| Category Rank | - | - | - | - | - | - | 8/ 229 | 83/ 235 | 122/ 249 | 12/ 261 |
6.85% (2023)
-4.29% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 89.42 |
| Cash and Equivalents | 7.57 |
| Canadian Government Bonds | 1.32 |
| Foreign Corporate Bonds | 1.24 |
| Mortgages | 0.34 |
| Other | 0.11 |
| Name | Percent |
|---|---|
| Fixed Income | 92.43 |
| Cash and Cash Equivalent | 7.57 |
| Name | Percent |
|---|---|
| North America | 99.89 |
| Europe | 0.11 |
| Name | Percent |
|---|---|
| Bank of Montreal 4.31% 01-May-2027 | - |
| Bruce Power LP 3.97% 23-Mar-2026 | - |
| JPMorgan Chase & Co 1.90% 05-Mar-2027 | - |
| CIBC 5.00% 07-Dec-2026 | - |
| Allied Properties REIT 3.64% 21-Apr-2025 | - |
| Bank of Nova Scotia 3.93% 03-May-2027 | - |
| Royal Bank of Canada 2.33% 28-Jan-2027 | - |
| Canadian Imperial Bank Commrce 1.96% 21-Apr-2026 | - |
| H&R REIT 4.07% 16-Jun-2025 | - |
| NBC 5.02% 01-Feb-2029 | - |
Fidelity Canadian Short Term Corporate Bond ETF
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.13% | 3.36% | - |
|---|---|---|---|
| Beta | 1.07% | 1.14% | - |
| Alpha | 0.01% | 0.01% | - |
| Rsquared | 0.96% | 0.69% | - |
| Sharpe | -0.20% | 0.17% | - |
| Sortino | -0.08% | -0.07% | - |
| Treynor | -0.01% | 0.00% | - |
| Tax Efficiency | 59.28% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.78% | 3.13% | 3.36% | - |
| Beta | 1.10% | 1.07% | 1.14% | - |
| Alpha | 0.01% | 0.01% | 0.01% | - |
| Rsquared | 0.98% | 0.96% | 0.69% | - |
| Sharpe | 1.78% | -0.20% | 0.17% | - |
| Sortino | 8.02% | -0.08% | -0.07% | - |
| Treynor | 0.04% | -0.01% | 0.00% | - |
| Tax Efficiency | 84.92% | 59.28% | - | - |
| 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) | $156 |
| 52 Week High | - |
| 52 Week Low | - |
| Annual Dividend | - |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Fidelity Canadian Short Term Corporate Bond ETF aims to provide a steady flow of income. It invests primarily in Canadian fixed income securities, usually with an average term to maturity of five years or less. It can invest in these securities either directly or indirectly through investments in underlying investment funds.
In order to achieve its investment objective, Fidelity Canadian Short Term Corporate Bond ETF invests primarily in investment grade fixed income securities. The Sub-advisor allocates the assets of Fidelity Canadian Short Term Corporate Bond ETF among issuers in different market sectors, industries and maturities based on its view of the relative value of each sector, industry, asset class or maturity.
| Name | Start Date |
|---|---|
| Fidelity Investments Canada ULC | 09-20-2019 |
| Fidelity Management and Research (FMR) Company | 11-30-2021 |
| Fund Manager | Fidelity Investments Canada ULC |
|---|---|
| Advisor | Fidelity Investments Canada ULC |
| Custodian | State Street Trust Company Canada |
| Registrar | State Street Trust Company Canada |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| MER | 0.45% |
|---|---|
| Management Fee | 0.40% |
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