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Global Neutral Balanced
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Click for more information on Fundata’s ESG Grade
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2023, 2022
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|
NAVPS (12-24-2024) |
$13.95 |
|---|---|
| Change |
$0.05
(0.33%)
|
As at November 30, 2024
As at September 30, 2024
As at July 31, 2024
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Inception Return (January 16, 2020): 5.92%
| 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 | 2.26% | 3.42% | 8.06% | 15.23% | 18.92% | 11.31% | 7.34% | 8.52% | - | - | - | - | - | - |
| Benchmark | 2.87% | 5.40% | 10.72% | 17.28% | 19.68% | 13.41% | 5.30% | 5.73% | 6.56% | 7.36% | 6.49% | 7.10% | 6.83% | 7.51% |
| Category Average | 2.87% | 4.26% | 8.53% | 13.60% | 16.89% | 10.20% | 4.14% | 5.37% | 5.45% | 6.18% | 5.05% | 5.53% | 5.33% | 5.08% |
| Category Rank | 1,440 / 1,771 | 1,476 / 1,761 | 1,268 / 1,749 | 652 / 1,725 | 550 / 1,725 | 617 / 1,672 | 98 / 1,546 | 99 / 1,411 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 3 | 2 | 2 | 2 | 1 | 1 | - | - | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.20% | 0.76% | 1.46% | 2.81% | -1.38% | 2.87% | 0.29% | 3.46% | 0.70% | 1.62% | -0.48% | 2.26% |
| Benchmark | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% |
7.11% (April 2020)
-12.95% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 13.24% | -4.70% | 9.29% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | - | - | - | 1 | 1 | 3 |
| Category Rank | - | - | - | - | - | - | - | 200/ 1,417 | 64/ 1,554 | 964/ 1,672 |
13.24% (2021)
-4.70% (2022)
| Name | Percent |
|---|---|
| US Equity | 35.82 |
| International Equity | 22.26 |
| Foreign Government Bonds | 22.00 |
| Foreign Corporate Bonds | 8.08 |
| Canadian Equity | 4.99 |
| Other | 6.85 |
| Name | Percent |
|---|---|
| Fixed Income | 31.99 |
| Financial Services | 10.49 |
| Technology | 10.41 |
| Energy | 6.98 |
| Basic Materials | 5.51 |
| Other | 34.62 |
| Name | Percent |
|---|---|
| North America | 72.46 |
| Europe | 15.75 |
| Asia | 8.15 |
| Latin America | 1.40 |
| Multi-National | 0.37 |
| Other | 1.87 |
| 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 | - |
| Apple Inc | - |
| Microsoft Corp | - |
| Fidelity U.S. Money Market Investment Trust O | - |
| NVIDIA Corp | - |
| iShares TIPS Bond ETF (TIP) | - |
| United States Treasury 3.50% 15-Feb-2033 | - |
| WisdomTree Emerging Mkts High Dividend ETF (DEM) | - |
Fidelity Global Monthly High Income ETF
Median
Other - Global Neutral Balanced
| Standard Deviation | 9.17% | - | - |
|---|---|---|---|
| Beta | 0.89% | - | - |
| Alpha | 0.03% | - | - |
| Rsquared | 0.78% | - | - |
| Sharpe | 0.43% | - | - |
| Sortino | 0.74% | - | - |
| Treynor | 0.04% | - | - |
| Tax Efficiency | 81.24% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.30% | 9.17% | - | - |
| Beta | 0.84% | 0.89% | - | - |
| Alpha | 0.02% | 0.03% | - | - |
| Rsquared | 0.62% | 0.78% | - | - |
| Sharpe | 2.47% | 0.43% | - | - |
| Sortino | 8.16% | 0.74% | - | - |
| Treynor | 0.16% | 0.04% | - | - |
| Tax Efficiency | 92.29% | 81.24% | - | - |
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) | $30 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
The ETF invests primarily in underlying funds. These underlying funds generally invest in global equity securities and fixed income securities. The ETF's neutral mix is 60% equity securities and 40% fixed income securities, which may vary by up to +/-20% from the neutral mix.
In order to achieve its investment objective, the Sub-advisor of Fidelity Global 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 Subadvisor 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 |
|---|---|
| David D. Wolf | 02-20-2020 |
| Geoffrey D. Stein | 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 | 0.63% |
|---|---|
| Management Fee | 0.55% |
| 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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