Join Fund Library now and get free access to personalized features to help you manage your investments.

Fidelity Canadian Long/Short Alternative Fund ETF Series (FCLS : NEO)

Alternative Equity Focus

Close
(07-12-2024)
$11.11
Change
$0.08 (0.73%)
Open $11.12
Day Range $11.12 - $11.12
Volume 581

As at June 30, 2024

Period
Loading...
Loading...

Legend

Fidelity Canadian Long/Short Alternative Fund ETF Series

Compare Options


Fund Returns

Inception Return (January 19, 2024): 7.27%

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 1.15% 3.62% - - - - - - - - - - - -
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average 0.36% 10.04% 10.04% 10.04% 15.19% 9.41% 4.89% 9.36% 6.79% - - - - -
Category Rank 63 / 196 47 / 189 - - - - - - - - - - - -
Quartile Ranking 2 1 - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund - - - - - - - - 4.32% -1.34% 3.84% 1.15%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

4.32% (March 2024)

Worst Monthly Return Since Inception

-1.34% (April 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - 5.11% 17.27% -5.96% 6.54%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date January 19, 2024
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status -
Sales Status -
Currency CAD
Distribution Frequency Annual
Assets ($mil) $4
52 Week High $11.04
52 Week Low $9.68
Annual Dividend -
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The Fund aims to achieve long-term capital growth. It invests primarily in equity securities of Canadian companies and will offer our clients a differentiated solution for portfolio construction purposes.

Investment Strategy

-

Portfolio Manager(s)

Name Start Date
Reetu Kumra 02-01-2024

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Canada Investment Management
Custodian -
Registrar -
Distributor -
Auditor PricewaterhouseCoopers LLP

Fees

MER -
Management Fee 0.95%

Join Fund Library now and get free access to personalized features to help you manage your investments.