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Fidelity Advantage Bitcoin ETF Fund Series B

Alternative Other

NAVPS
(07-23-2024)
$11.68
Change
-$0.48 (-3.94%)

As at June 30, 2024

As at March 31, 2024

Period
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Legend

Fidelity Advantage Bitcoin ETF Fund Series B

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Fund Returns

Inception Return (December 02, 2021): 2.93%

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 -9.82% -13.92% 46.55% 46.55% 102.34% 80.59% - - - - - - - -
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 -6.93% 30.57% 30.57% 30.57% 51.82% 49.38% 8.60% 8.55% 7.64% 6.40% 6.34% 6.44% 5.37% 5.00%
Category Rank 37 / 90 71 / 90 29 / 90 29 / 90 7 / 83 29 / 73 - - - - - - - -
Quartile Ranking 2 4 2 2 1 2 - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -4.87% -8.23% 3.81% 31.01% 6.29% 9.40% 1.52% 47.26% 13.89% -15.56% 13.03% -9.82%
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

47.26% (February 2024)

Worst Monthly Return Since Inception

-39.22% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -61.62% 143.01%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 4.57% -0.60% 6.48% 4.63% -4.48% 6.64% 14.43% 7.75% -45.86% 66.56%
Quartile Ranking - - - - - - - - 2 2
Category Rank - - - - - - - - 19/ 65 20/ 79

Best Calendar Return (Last 10 years)

143.01% (2023)

Worst Calendar Return (Last 10 years)

-61.62% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 100.00
Cash and Equivalents 0.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 0.00
Other 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 0.00
Other 100.00

Top Holdings

Top Holdings
Name Percent
BITCOIN -
Cash and Cash equivalents -
U.S. DOLLAR -

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 December 02, 2021
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $33

Fund Codes

FundServ Code Load Code Sales Status
FID7241

Investment Objectives

The Fund aims to invest in bitcoin. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to invest in bitcoin. Currently, the underlying fund is Fidelity Advantage Bitcoin ETF™.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Advantage Bitcoin ETF®. To meet the Fund’s objectives, the portfolio management team of the underlying fund: • Invests primarily in bitcoin. • May purchase or enter into derivatives that provide economic exposure to bitcoin, but any use of derivatives will be incidental to the underlying fund’s primary investment strategy of investing directly in bitcoin. Both the Fund and the underlying fund may hold cash.

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 12-02-2021
Fidelity Canada Investment Management 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian State Street Trust Company Canada
Registrar Fidelity Investments Canada ULC
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.64%
Management Fee 0.89%
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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