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Canadian Neutral Balanced
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Click for more information on Fundata’s ESG Grade
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2022
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|
NAVPS (12-20-2024) |
$13.04 |
|---|---|
| Change |
$0.08
(0.64%)
|
As at November 30, 2024
As at September 30, 2024
As at July 31, 2024
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Inception Return (January 16, 2020): 5.03%
| 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 | 2.62% | 4.29% | 9.47% | 14.94% | 19.07% | 9.41% | 6.09% | 7.65% | - | - | - | - | - | - |
| Benchmark | 4.18% | 6.83% | 12.94% | 15.91% | 20.18% | 10.78% | 6.02% | 7.13% | 6.97% | 7.95% | 6.55% | 6.53% | 6.90% | 5.99% |
| Category Average | 3.23% | 4.88% | 9.32% | 13.49% | 17.15% | 9.29% | 4.60% | 5.81% | 5.57% | 6.25% | 5.00% | 5.20% | 5.17% | 4.71% |
| Category Rank | 357 / 452 | 351 / 452 | 248 / 452 | 166 / 446 | 147 / 446 | 271 / 432 | 148 / 410 | 120 / 392 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 3 | 2 | 2 | 3 | 2 | 2 | - | - | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.59% | 0.11% | 1.14% | 2.79% | -1.60% | 2.53% | -0.26% | 4.29% | 0.92% | 2.16% | -0.53% | 2.62% |
| Benchmark | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% |
7.83% (November 2020)
-14.69% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 14.76% | -6.03% | 6.79% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | - | - | - | - | - | - | - | 2 | 1 | 4 |
| Category Rank | - | - | - | - | - | - | - | 113/ 392 | 55/ 412 | 365/ 432 |
14.76% (2021)
-6.03% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 30.46 |
| US Equity | 17.83 |
| Foreign Government Bonds | 17.76 |
| International Equity | 11.78 |
| Foreign Corporate Bonds | 6.70 |
| Other | 15.47 |
| Name | Percent |
|---|---|
| Fixed Income | 31.35 |
| Financial Services | 13.54 |
| Energy | 11.47 |
| Technology | 5.95 |
| Utilities | 5.84 |
| Other | 31.85 |
| Name | Percent |
|---|---|
| North America | 82.87 |
| Europe | 8.60 |
| Asia | 4.68 |
| Latin America | 1.25 |
| Multi-National | 0.26 |
| Other | 2.34 |
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-May-2034 | - |
| United States Treasury 4.13% 15-Nov-2032 | - |
| United States Treasury 4.13% 15-Aug-2053 | - |
| iShares Canadian Real Return Bond Index ETF (XRB) | - |
| Royal Bank of Canada | - |
| Fidelity U.S. Money Market Investment Trust O | - |
| Enbridge Inc | - |
| Sienna Senior Living Inc | - |
| WisdomTree Emerging Mkts High Dividend ETF (DEM) | - |
| United States Treasury 3.50% 15-Feb-2033 | - |
Fidelity Canadian Monthly High Income ETF
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 9.65% | - | - |
|---|---|---|---|
| Beta | 0.94% | - | - |
| Alpha | 0.00% | - | - |
| Rsquared | 0.93% | - | - |
| Sharpe | 0.29% | - | - |
| Sortino | 0.51% | - | - |
| Treynor | 0.03% | - | - |
| Tax Efficiency | 75.32% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.25% | 9.65% | - | - |
| Beta | 0.89% | 0.94% | - | - |
| Alpha | 0.01% | 0.00% | - | - |
| Rsquared | 0.88% | 0.93% | - | - |
| Sharpe | 2.12% | 0.29% | - | - |
| Sortino | 7.11% | 0.51% | - | - |
| Treynor | 0.15% | 0.03% | - | - |
| Tax Efficiency | 91.54% | 75.32% | - | - |
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.
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.
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.
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.
| Start Date | January 16, 2020 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $9 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
The ETF invests primarily in underlying funds. These underlying funds generally invest in a mix of Canadian and foreign equity securities and fixed income securities, with generally more emphasis on Canadian equity securities and fixed income securities. The ETF may invest up to 49% of its net assets in foreign equity securities and non-Canadian dollar-denominated fixed income securities.
In order to achieve its investment objective, the Sub-advisor of Fidelity Canadian Monthly High Income ETF generally follows a neutral mix guideline of approximately 60% equity securities and approximately 40% fixed income securities. Depending on market conditions, the Sub-advisor may vary the asset mix by up to +/-20% from the neutral mix if it believes this produces the best overall return.
| Name | Start Date |
|---|---|
| Geoffrey D. Stein | 02-20-2020 |
| David D. Wolf | 02-20-2020 |
| David Tulk | 02-21-2020 |
| 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 |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 0.59% |
|---|---|
| Management Fee | 0.50% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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