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Fidelity Advantage Ether ETF Fund Series B

Alternative Other

NAVPS
(04-17-2024)
$21.62
Change
-$0.36 (-1.66%)

As at March 31, 2024

As at December 31, 2023

Period
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Legend

Fidelity Advantage Ether ETF Fund Series B

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Fund Returns

Inception Return (September 28, 2022): 85.83%

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 4.35% 57.10% 111.50% 57.10% 91.21% - - - - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 6.28% 72.67% 72.67% 36.55% 61.59% 12.75% 7.53% 10.88% 9.34% 7.62% 6.74% 7.15% 5.84% 5.73%
Category Rank 60 / 90 37 / 90 46 / 88 37 / 90 46 / 79 - - - - - - - - -
Quartile Ranking 3 2 3 2 3 - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 3.56% -1.75% 1.17% -4.54% -9.21% 1.33% 11.04% 10.33% 9.89% 0.56% 49.72% 4.35%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

49.72% (February 2024)

Worst Monthly Return Since Inception

-19.02% (November 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 85.15%
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 - - - - - - - - - 3
Category Rank - - - - - - - - - 49/ 79

Best Calendar Return (Last 10 years)

85.15% (2023)

Worst Calendar Return (Last 10 years)

85.15% (2023)

Asset Allocation

Asset Allocation
Name Percent
Commodities 100.00

Sector Allocation

Geographic Allocation

Top Holdings

Top Holdings
Name Percent
ETHEREUM -

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 September 28, 2022
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $5

Fund Codes

FundServ Code Load Code Sales Status
FID7634

Investment Objectives

The Fund aims to invest in ether. 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 ether. Currently, the underlying fund is Fidelity Advantage Ether ETF

Investment Strategy

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

Portfolio Manager(s)

Name Start Date
Edward Lui 11-11-2022
Reetu Kumra 11-11-2022
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 Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.66%
Management Fee 0.90%
Load Front 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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