Key stats
About FIDELITY INTERNATL HIGH QUALITY INTERNATIONAL HIGH QUALITY IDX ETF CAD(U
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Inception date
Jan 18, 2019
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Tax on distributions
Ordinary income
The fund is passively managed to build a high quality portfolio of large- and mid-cap stocks from developed markets outside US and Canada. Taken from a universe of the largest 1,000 developed ex-North America stocks, eligible securities are ranked within their respective sectors based on a composite quality score, subject to a size factor adjustment. The quality score is taken from the weighted average of three fundamental metrics: free cash flow margin, return on invested capital, and free cash flow stability, except for banks wherein ROE and debt to assets are considered instead. The resulting portfolio of about 60-100 stocks is weighted to increase exposure to high-quality sectors based on return on invested capital. The index is 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
Technology Services
Finance
Producer Manufacturing
Stocks99.53%
Technology Services15.85%
Finance15.10%
Producer Manufacturing12.22%
Electronic Technology9.58%
Energy Minerals6.84%
Health Technology5.80%
Consumer Durables5.77%
Retail Trade5.59%
Commercial Services5.27%
Consumer Services5.17%
Consumer Non-Durables4.85%
Distribution Services2.73%
Utilities2.36%
Communications2.20%
Process Industries0.15%
Non-Energy Minerals0.05%
Bonds, Cash & Other0.47%
Cash0.47%
Stock breakdown by region
Europe58.66%
Asia31.88%
Oceania9.46%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history