Key stats
About FIDELITY CANADIAN VALUE ETF UNIT SER L
Expense ratio
0.41%
Home page
Inception date
Jun 5, 2020
The fund is passively managed to target the Canadian value equity space. The fund holds large- and mid-cap Canadian stocks that are identified to be undervalued within their respective sectors based on a composite value score, subject to a size factor adjustment. The value score is generally taken from the weighted average of four metrics: free cash flow yield, EV/EBITDA, P/B, and forward P/E, except for banks wherein only P/B and forward P/E are considered. The resulting portfolio of about 60-100 stocks is weighted by value score and rebalanced on a semi-annual basis.
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
Energy Minerals
Stocks99.95%
Finance36.29%
Energy Minerals19.97%
Industrial Services6.97%
Transportation5.74%
Health Technology4.95%
Consumer Services4.09%
Technology Services3.44%
Process Industries3.36%
Non-Energy Minerals3.23%
Consumer Non-Durables3.10%
Retail Trade3.05%
Communications2.34%
Health Services1.78%
Distribution Services1.07%
Commercial Services0.46%
Electronic Technology0.12%
Bonds, Cash & Other0.05%
Cash0.05%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history