Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF Fund Series F

NAVPS

$8.48

Change

$0.14 (1.62%)

As at 08-17-2022

Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF Fund Series F

Compare to:

Summary

Inception Return
(09-25-2019)

-0.10%

YTD Return

-10.14%

NAVPS
(08-17-2022)

$8.48
$0.14 (1.62%)

MER

0.73%

Assets ($mil)

1 Yr Return

-9.60%

Registered Plan Eligible

Yes

Load

No Load

CIFSC Category

High Yield Fixed Income

Share Class

Fee Based Advice

Fund Codes

FID6769(NL)

FUNDGRADE

More info on Fundata's FUNDGRADE ratings

Fund Details

Classification

Mutual

Legal Status

Trust

Sales Status

Open

Currency

CAD

Start Date

September 25, 2019

Distribution Frequency

Monthly

The Fund invests in Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF (the underlying fund), which directly or indirectly invests primarily in U.S. high yield securities, leveraging a quantitative multi-factor model. The underlying fund uses derivatives to try to minimize the exposure to currency fluctuations between the U.S. and Canadian dollars.