Key stats
About Fidelity Global Monthly High Income ETF
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Inception date
Jan 16, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
ISIN
CA31623K1075
The fund seeks to generate steady income with the potential for capital gains by investing majority of its assets in other Fidelity funds holding global equity and fixed income securities of any kind. In achieving its goal, the fund uses an asset allocation strategy to allocate its exposure to approximately 60% equities and 40% fixed income. Note though that the sub-advisor may change this asset mix by up to +/-20% if doing so can produce desirable return depending on market conditions. When making such decisions, the sub-advisor may consider factors such as macroeconomic conditions, corporate fundamentals, market valuations and investor sentiment. Moreover, at the sub-advisors discretion, the fund may also (1) use derivatives for hedging and non-hedging purposes, (2) invest up to 10% of its assets in precious metals and other physical commodities through Commodity ETFs and derivatives, and (3) hedge some or all its foreign currency exposure.
Related funds
Classification
What's in the fund
Exposure type
Finance
Government
Stocks60.10%
Finance18.24%
Electronic Technology6.80%
Energy Minerals6.21%
Technology Services4.74%
Utilities4.60%
Consumer Non-Durables3.04%
Health Technology2.55%
Process Industries2.33%
Non-Energy Minerals2.00%
Producer Manufacturing1.59%
Industrial Services1.50%
Consumer Durables1.30%
Retail Trade1.03%
Communications1.01%
Transportation0.94%
Distribution Services0.67%
Consumer Services0.62%
Health Services0.60%
Commercial Services0.33%
Bonds, Cash & Other39.90%
Government18.77%
Corporate8.75%
ETF5.46%
Loans3.24%
Cash2.21%
Securitized0.82%
Municipal0.39%
Miscellaneous0.27%
Rights & Warrants0.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FCGI trades at 14.96 CAD today, its price has risen 1.07% in the past 24 hours. Track more dynamics on FCGI price chart.
FCGI net asset value is 14.96 today — it's risen 2.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FCGI assets under management is 34.40 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FCGI price has risen by 2.44% over the last month, and its yearly performance shows a 9.44% increase. See more dynamics on FCGI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.10% over the last month, showed a 6.82% increase in three-month performance and has increased by 10.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.10% over the last month, showed a 6.82% increase in three-month performance and has increased by 10.77% in a year.
FCGI fund flows account for 4.23 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FCGI invests in stocks. See more details in our Analysis section.
FCGI expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FCGI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FCGI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FCGI shows the buy signal. See more of FCGI technicals for a more comprehensive analysis.
Today, FCGI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FCGI shows the buy signal. See more of FCGI technicals for a more comprehensive analysis.
Yes, FCGI pays dividends to its holders with the dividend yield of 3.17%.
FCGI trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FCGI shares are issued by FMR LLC
FCGI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.