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Fidelity Tactical Global Dividend ETF Fund Series B

Global Div & Inc Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-21-2024)
$13.09
Change
$0.05 (0.39%)

As at April 30, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Fidelity Tactical Global Dividend ETF Fund Series B

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Fund Returns

Inception Return (September 18, 2018): 5.97%

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 -0.93% 5.17% 15.60% 6.28% 11.84% 7.99% 7.83% 12.24% 6.27% - - - - -
Benchmark -1.84% 6.75% 18.70% 8.25% 18.76% 13.40% 7.92% 13.07% 9.85% 9.77% 9.47% 11.38% 9.88% 10.74%
Category Average -1.88% - - - - - - - - - - - - -
Category Rank 32 / 246 169 / 245 103 / 245 188 / 245 134 / 241 173 / 223 124 / 214 93 / 206 171 / 199 - - - - -
Quartile Ranking 1 3 2 4 3 4 3 2 4 - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -4.04% 3.05% 3.44% -0.68% -3.66% -1.16% 5.63% 2.98% 1.05% 2.46% 3.61% -0.93%
Benchmark -0.97% 2.98% 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84%

Best Monthly Return Since Inception

11.33% (November 2020)

Worst Monthly Return Since Inception

-15.77% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 12.05% -3.79% 20.65% -1.87% 9.47%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - 4 4 2 2 2
Category Rank - - - - - 196/ 199 186/ 203 100/ 213 69/ 220 111/ 227

Best Calendar Return (Last 10 years)

20.65% (2021)

Worst Calendar Return (Last 10 years)

-3.79% (2020)

Asset Allocation

Asset Allocation
Name Percent
US Equity 54.20
International Equity 34.85
Canadian Equity 9.56
Income Trust Units 0.92
Cash and Equivalents 0.46
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 16.86
Technology 14.43
Energy 12.31
Basic Materials 8.54
Consumer Goods 7.87
Other 39.99

Geographic Allocation

Geographic Allocation
Name Percent
North America 65.08
Europe 21.43
Asia 12.04
Latin America 0.52
Multi-National 0.33
Other 0.60

Top Holdings

Top Holdings
Name Percent
iShares Russell 2000 Value ETF (IWN) -
Microsoft Corp -
Apple Inc -
NVIDIA Corp -
WisdomTree Emerging Mkts High Dividend ETF (DEM) -
Dominion Energy Inc -
Duke Energy Corp -
Exxon Mobil Corp -
Simon Property Group Inc -
Dow Inc -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity Tactical Global Dividend ETF Fund Series B

Median

Other - Global Div & Inc Equity

3 Yr Annualized

Standard Deviation 11.51% 14.33% -
Beta 0.78% 0.96% -
Alpha 0.02% -0.03% -
Rsquared 0.76% 0.81% -
Sharpe 0.47% 0.36% -
Sortino 0.68% 0.40% -
Treynor 0.07% 0.05% -
Tax Efficiency 90.40% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.59% 11.51% 14.33% -
Beta 0.87% 0.78% 0.96% -
Alpha -0.04% 0.02% -0.03% -
Rsquared 0.82% 0.76% 0.81% -
Sharpe 0.66% 0.47% 0.36% -
Sortino 1.42% 0.68% 0.40% -
Treynor 0.08% 0.07% 0.05% -
Tax Efficiency 92.61% 90.40% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 18, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $27

Fund Codes

FundServ Code Load Code Sales Status
FID4110

Investment Objectives

The Fund aims to achieve long-term capital growth. The Fund invests primarily in underlying funds that are ETFs. These underlying funds invest primarily in global dividend-paying equity securities.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: Uses an asset allocation strategy, and invests primarily in underlying funds that are ETFs. Generally allocates among the following asset classes: Canadian dividend-paying equities, U.S. dividend-paying equities and international dividend-paying equities. Follows a geographical neutral mix guideline of approximately 20% Canada, 50% U.S. and 30% international.

Portfolio Manager(s)

Name Start Date
David D. Wolf 02-20-2020
Geoffrey D. Stein 02-20-2020
Fidelity Management & Research Company LLC 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian State Street Trust Company Canada
Registrar Fidelity Investments Canada ULC
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.96%
Management Fee 1.60%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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