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Fidelity Canadian Short Term Corporate Bond ETF Fund Series B
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$10.03 |
|---|---|
| Change |
$0.01
(0.08%)
|
As at April 30, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (September 25, 2019): 2.19%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.18% | -0.12% | 0.35% | 0.39% | 2.83% | 4.96% | 4.66% | 3.95% | 2.03% | 2.38% | - | - | - | - |
| Benchmark | 0.04% | -0.11% | 0.29% | 0.34% | 2.39% | 4.89% | 4.19% | 3.56% | 1.99% | 1.93% | 2.24% | 2.42% | 2.06% | 2.04% |
| Category Average | 0.12% | -0.12% | 0.22% | 0.27% | 2.07% | 4.24% | 3.82% | 3.15% | 1.65% | 1.82% | 1.89% | 1.97% | 1.68% | 1.64% |
| Category Rank | 98 / 299 | 150 / 293 | 134 / 292 | 127 / 293 | 87 / 271 | 89 / 242 | 57 / 213 | 64 / 198 | 90 / 190 | 56 / 180 | - | - | - | - |
| Quartile Ranking | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.66% | 0.05% | 0.34% | 0.28% | 0.75% | 0.38% | 0.23% | -0.27% | 0.50% | 0.42% | -0.71% | 0.18% |
| Benchmark | 0.16% | 0.27% | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% |
Best Monthly Return Since Inception
6.64% (April 2020)
Worst Monthly Return Since Inception
-7.29% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 4.89% | -1.39% | -5.16% | 6.06% | 6.81% | 3.46% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | - | - | - | - | 3 | 3 | 4 | 1 | 1 | 3 |
| Category Rank | - | - | - | - | 93/ 179 | 136/ 185 | 170/ 194 | 31/ 206 | 32/ 224 | 150/ 261 |
Best Calendar Return (Last 10 years)
6.81% (2024)
Worst Calendar Return (Last 10 years)
-5.16% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 95.68 |
| Canadian Government Bonds | 1.73 |
| Foreign Corporate Bonds | 1.32 |
| Cash and Equivalents | 1.16 |
| Foreign Government Bonds | 0.05 |
| Other | 0.06 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.78 |
| Cash and Cash Equivalent | 1.16 |
| Other | 0.06 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.89 |
| Europe | 0.05 |
| Other | 0.06 |
Top Holdings
| Name | Percent |
|---|---|
| Canadian Imperial Bank Commrce 4.90% 12-Jun-2029 | - |
| BK NOVA SCOT 4.95% 01-Aug-2034 | - |
| Rogers Communications Inc 5.70% 21-Sep-2028 | - |
| Bank of Nova Scotia 3.81% 15-Nov-2027 | - |
| Cenovus Energy Inc 3.50% 07-Feb-2028 | - |
| Royal Bank of Canada 3.63% 10-Dec-2027 | - |
| Toronto-Dominion Bank 3.61% 10-Sep-2030 | - |
| Reliance LP 2.67% 01-Aug-2028 | - |
| BMONT 3.73% 03-Jun-2031 | - |
| Canadian Imperial Bank Commrce 4.15% 02-Apr-2030 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Canadian Short Term Corporate Bond ETF Fund Series B
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 2.32% | 2.69% | - |
|---|---|---|---|
| Beta | 1.04 | 1.07 | - |
| Alpha | 0.00 | 0.00 | - |
| Rsquared | 0.85% | 0.92% | - |
| Sharpe | 0.41 | -0.31 | - |
| Sortino | 1.36 | -0.47 | - |
| Treynor | 0.01 | -0.01 | - |
| Tax Efficiency | 73.83% | 54.01% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.39% | 2.32% | 2.69% | - |
| Beta | 0.73 | 1.04 | 1.07 | - |
| Alpha | 0.01 | 0.00 | 0.00 | - |
| Rsquared | 0.70% | 0.85% | 0.92% | - |
| Sharpe | 0.30 | 0.41 | -0.31 | - |
| Sortino | -0.18 | 1.36 | -0.47 | - |
| Treynor | 0.01 | 0.01 | -0.01 | - |
| Tax Efficiency | 55.50% | 73.83% | 54.01% | - |
Fund Details
| Start Date | September 25, 2019 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID6771 |
Investment Objectives
The Fund aims to provide a steady flow of income. The Fund seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in securities of that underlying fund. The underlying fund aims to provide a steady flow of income by investing primarily in Canadian fixed income securities usually with an average term to maturity of five years or less.
Investment Strategy
The strategies described below relate to the Fund and the underlying fund, Fidelity Canadian Short Term Corporate Bond ETF. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Invests primarily in investment grade fixed income securities. Allocates the underlying fund’s assets among issuers in different market sectors, industries and maturities based on its view of the relative value of each sector, industry, asset class or maturity.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Geode Capital Management, LLC |
Management and Organization
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.09% |
|---|---|
| Management Fee | 0.90% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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