Key stats
About FIDELITY INTERNATIONAL MOMENTUM ETF
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Inception date
Jun 5, 2020
Structure
Canadian Mutual Fund Trust (ON)
Primary advisor
Fidelity Investments Canada ULC
The fund tracks an index of large- and mid-cap companies with strong momentum signals. Companies could be from around the world, excluding the United States and Canada. The fund uses composite scores to select and weight securities. The indexs construction is an iterative process that combines the composite factor score, size adjustment, selection, and weighting. The composite scores are based on four momentum factors over a period of around one year with equivalent weighting. The composite score is then blended with a size factor to remove size bias. Securities within each sector and super region are selected based on the size-adjusted composite score. Securities in groups with higher momentum characteristics are overweighted. The index is rebalanced quarterly. At each rebalance, the lowest ranked stocks by composite score in the portfolio are removed until a turnover threshold of 15% is reached.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Producer Manufacturing
Electronic Technology
Stocks98.04%
Finance26.28%
Health Technology16.27%
Producer Manufacturing12.53%
Electronic Technology11.15%
Consumer Non-Durables9.63%
Technology Services7.99%
Retail Trade5.29%
Consumer Durables2.71%
Distribution Services2.39%
Commercial Services1.45%
Process Industries1.25%
Transportation0.64%
Consumer Services0.42%
Non-Energy Minerals0.05%
Bonds, Cash & Other1.96%
Cash1.96%
Stock breakdown by region
Europe63.91%
Asia27.78%
Oceania7.37%
Middle East0.94%
North America0.00%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history