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About Fidelity Core U.S. Bond ETF Series L Trust Units
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Inception date
Jan 28, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
ISIN
CA3159451051
The fund aims to provide exposure to the US investment-grade bond market. This fund invests in a broad portfolio, consisting of securities issued by government and corporate entities, with no limitations to maturity. The fund implements proprietary risk models and quantitative techniques to target a risk profile similar to its benchmark. A systematic approach is used for security selection and sector allocation. This ETF uses derivatives to try to achieve a desired risk exposure and/or minimize the exposure to currency fluctuations between developed market foreign currencies, such as the USD and the Canadian dollar.
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
Government
Corporate
Securitized
Bonds, Cash & Other100.00%
Government31.84%
Corporate31.69%
Securitized26.18%
Cash6.45%
Mutual fund3.64%
Municipal0.21%
Stock breakdown by region
North America87.15%
Europe7.93%
Asia2.46%
Oceania0.94%
Latin America0.90%
Middle East0.63%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FCUB invests in bonds. The fund's major sectors are Government, with 31.84% stocks, and Corporate, with 31.69% of the basket. The assets are mostly located in the North America region.
FCUB last dividends amounted to 0.08 CAD. The month before, the issuer paid 0.09 CAD in dividends, which shows a 17.82% decrease.
FCUB assets under management is 142.37 M CAD. It's risen 8.68% over the last month.
FCUB fund flows account for 68.94 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.
Yes, FCUB pays dividends to its holders with the dividend yield of 3.73%. The last dividend (Aug 29, 2025) amounted to 0.08 CAD. The dividends are paid monthly.
FCUB shares are issued by 483A Bay Street Holdings LP under the brand Fidelity. The ETF was launched on Jan 28, 2025, and its management style is Passive.
FCUB expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
FCUB follows the Bloomberg U.S. Aggregate Bond Hedged CAD Index - CAD - Benchmark TR Net Hedged. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FCUB invests in bonds.
FCUB trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.