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About FIDELITY INTERNATIONAL VALUE ETF UNIT SER L
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Inception date
Jun 5, 2020
Structure
Canadian Mutual Fund Trust (ON)
Primary advisor
Fidelity Investments Canada ULC
The fund is passively managed to target the international value equity space. The fund holds large- and mid-cap stocks in developed markets outside U.S. and Canada 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
Stocks99.43%
Finance29.02%
Consumer Durables9.77%
Non-Energy Minerals9.61%
Utilities9.36%
Energy Minerals9.23%
Producer Manufacturing5.96%
Health Technology5.29%
Electronic Technology4.56%
Consumer Non-Durables3.53%
Distribution Services3.30%
Consumer Services2.91%
Retail Trade2.17%
Transportation1.68%
Process Industries1.32%
Industrial Services1.08%
Technology Services0.44%
Health Services0.19%
Bonds, Cash & Other0.57%
Cash0.57%
Stock breakdown by region
Europe64.91%
Asia28.38%
Oceania6.71%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history