FIDELITY INVESTMENTS CANADA ULC GLOBAL EQUITY+ BALANCED FUNDFF

FIDELITY INVESTMENTS CANADA ULC GLOBAL EQUITY+ BALANCED FUND

11.18CADD
−0.08−0.71%
At close at Jul 11, 21:47 GMT
CAD
No trades
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Key stats


Assets under management (AUM)
‪15.17 M‬CAD
Fund flows (1Y)
‪9.89 M‬CAD
Dividend yield (indicated)
0.75%
Discount/Premium to NAV
0.6%
Shares outstanding
‪1.35 M‬
Expense ratio

About FIDELITY INVESTMENTS CANADA ULC GLOBAL EQUITY+ BALANCED FUND


Issuer
483A Bay Street Holdings LP
Brand
Fidelity
Home page
Inception date
May 16, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Fidelity Investments Canada ULC
The fund invests in a diversified mix of equity and fixed-income securities from global issuers. The holdings include six Fidelity funds: Large Cap MultiAsset, Greater Canada, Global Innovators, Global Value Long/Short, Multi-Sector Bond Hedged Multi-Asset Base, and Strategy Income Fund. The Fund follows a neutral mix guideline but can adjust asset allocations based on market conditions to optimize returns. The equity portion employs a blend of investment styles, including value, contrarian, and growth styles to mitigate downside risk and reduce volatility. When selecting securities, the portfolio management teams consider various factors, including financial condition, industry position, market conditions, earnings outlook, and management quality. Lastly, investments include high-yield and investment-grade fixed-income securities, companies of any size, including private and distressed companies globally. When using a fund-of-funds wrapper, total fees should be accounted for.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Government
Corporate
Stocks54.87%
Technology Services10.56%
Retail Trade8.10%
Consumer Non-Durables7.16%
Electronic Technology5.29%
Finance3.85%
Non-Energy Minerals2.78%
Producer Manufacturing2.50%
Consumer Services2.03%
Health Technology1.97%
Transportation1.85%
Communications1.85%
Industrial Services1.46%
Commercial Services1.40%
Utilities1.36%
Consumer Durables0.70%
Process Industries0.70%
Miscellaneous0.65%
Energy Minerals0.50%
Health Services0.15%
Bonds, Cash & Other45.13%
Government19.88%
Corporate16.11%
Loans4.26%
Cash4.04%
Securitized1.17%
Mutual fund0.95%
Municipal0.27%
ETF0.01%
Rights & Warrants0.01%
Miscellaneous−1.58%
Top 10 holdings
Symbol
Assets
Symbol
Assets
U
United States Treasury Notes 4.375% 15-MAY-2034US91282CKQ32
6.40%
C
Canadian Dollar
4.04%
M
Microsoft CorporationMSFT
2.07%
A
Amazon.com, Inc.AMZN
1.67%
U
United States Treasury Bond 4.25% 15-AUG-2054US912810UC0
1.52%
N
NVIDIA CorporationNVDA
1.48%
A
Alimentation Couche-Tard Inc.ATD
1.33%
U
United States Treasury Bond 4.125% 15-AUG-2053US912810TT51
1.24%
M
Meta Platforms Inc Class AMETA
1.22%
A
Apple Inc.AAPL
1.09%
Top 10 weight22.06%
2724 total holdings

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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.
FGEB trades at 11.18 CAD today, its price has fallen −0.71% in the past 24 hours. Track more dynamics on FGEB price chart.
FGEB net asset value is 11.16 today — it's risen 2.19% 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.
FGEB assets under management is ‪15.17 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.
FGEB price has risen by 2.38% over the last month, and its yearly performance shows a 9.18% increase. See more dynamics on FGEB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.19% over the last month, showed a 9.08% increase in three-month performance and has increased by 4.43% in a year.
FGEB fund flows account for ‪9.90 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.
FGEB invests in stocks. See more details in our Analysis section.
No, FGEB 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, FGEB 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 FGEB shows the buy signal. See more of FGEB technicals for a more comprehensive analysis.
Yes, FGEB pays dividends to its holders with the dividend yield of 0.75%.
FGEB trades at a premium (0.14%).
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.
FGEB shares are issued by 483A Bay Street Holdings LP
FGEB 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 May 16, 2024.
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.