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About FIDELITY CORE U S BOND ETF UNITS SERIES L
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Inception date
Jan 28, 2025
Structure
Canadian Mutual Fund Trust (ON)
Primary advisor
Fidelity Investments Canada ULC
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 | — | — | — | — | — | — |
Dividends
Dividend payout history