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Fidelity Systematic Canadian Bond Index ETF Fund Series B

Canadian Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(10-09-2025)
$8.95
Change
$0.00 (0.04%)

As at September 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Nov 2019Sep 2020Jul 2021May 2022Mar 2023Jan 2024Nov 2024$8,500$9,000$9,500$10,000$10,500$11,000$11,500Period

Legend

Fidelity Systematic Canadian Bond Index ETF Fund Series B

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Fund Returns

Inception Return (September 25, 2019): 0.28%

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 1.96% 1.58% 0.80% 2.16% 2.22% 7.61% 4.49% 0.31% -0.68% 0.31% - - - -
Benchmark 1.80% 1.42% 0.76% 2.76% 2.66% 7.60% 4.42% 0.61% -0.31% 0.90% 2.13% 2.09% 1.48% 1.96%
Category Average 1.76% 1.43% 0.99% 2.68% 2.34% 7.26% 4.32% 0.08% -0.48% 0.58% 1.59% 1.45% 1.00% 1.40%
Category Rank 78 / 491 286 / 487 375 / 477 440 / 476 385 / 470 221 / 436 240 / 415 244 / 407 289 / 383 310 / 367 - - - -
Quartile Ranking 1 3 4 4 4 3 3 3 4 4 - - - -

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.09% 1.81% -0.63% 0.70% 1.25% -0.60% -0.74% -0.03% 0.01% -0.65% 0.28% 1.96%
Benchmark -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04% -0.74% 0.37% 1.80%

Best Monthly Return Since Inception

6.90% (April 2020)

Worst Monthly Return Since Inception

-6.70% (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 - - - - - 7.11% -3.60% -12.50% 6.90% 4.51%
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 - - - - - 4 4 4 2 2
Category Rank - - - - - 337/ 368 350/ 390 333/ 407 118/ 416 141/ 440

Best Calendar Return (Last 10 years)

7.11% (2020)

Worst Calendar Return (Last 10 years)

-12.50% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 52.60
Canadian Government Bonds 40.64
Cash and Equivalents 5.81
Foreign Corporate Bonds 0.51
Foreign Government Bonds 0.32
Other 0.12

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 94.07
Cash and Cash Equivalent 5.81
Other 0.12

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.52
Europe 0.36
Other 0.12

Top Holdings

Top Holdings
Name Percent
Canada Government 2.00% 01-Dec-2051 -
Canada Government 5.00% 01-Jun-2037 -
Fidelity Canadian Money Market Investment Trust O -
Canada Government 2.75% 01-Dec-2064 -
Canada Government 3.50% 01-Dec-2045 -
Canada Government 1.75% 01-Dec-2053 -
Ontario Province 4.65% 02-Jun-2041 -
Canada Government 2.75% 01-Dec-2048 -
ONTARIO PROV 4.15% 02-Dec-2054 -
Quebec Province 2.85% 01-Dec-2053 -

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 Fund Series B

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 5.87% 6.13% -
Beta 0.99% 1.00% -
Alpha 0.00% 0.00% -
Rsquared 0.91% 0.95% -
Sharpe 0.10% -0.51% -
Sortino 0.44% -0.74% -
Treynor 0.01% -0.03% -
Tax Efficiency 73.93% - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.58% 5.87% 6.13% -
Beta 1.05% 0.99% 1.00% -
Alpha -0.01% 0.00% 0.00% -
Rsquared 0.97% 0.91% 0.95% -
Sharpe -0.19% 0.10% -0.51% -
Sortino -0.32% 0.44% -0.74% -
Treynor -0.01% 0.01% -0.03% -
Tax Efficiency 49.21% 73.93% - -

Fund Details

Start Date September 25, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
FID6774

Investment Objectives

The Fund seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in securities of that underlying fund. The underlying fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Systematic Canadian Bond Index (the “Index”). The underlying fund invests primarily in Canadian fixed income securities.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Systematic Canadian Bond Index ETF. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Normally invests the underlying fund’s assets in the securities that make up the Index.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Louis Bottari
  • Tom Siwik
  • Dan Glenn
  • Peter Matthew
Sub-Advisor

Fidelity Management & Research Company LLC

Management and Organization

Fund Manager

Fidelity Investments Canada ULC

Custodian

State Street Trust Company Canada

Registrar

Fidelity Investments Canada ULC

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 0.96%
Management Fee 0.75%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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