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About Fidelity Equity Premium Yield ETF Trust Unit Series L
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Inception date
Sep 24, 2024
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
Fidelity Investments Canada ULC
ISIN
CA31613F1009
The fund aims enhance cash-flow and long-term growth opportunities using an index call writing strategy. The underlying portfolio invests in US large-cap stocks and sells call options on a stock index similar to the stocks in the portfolio. The portfolio manager actively selects which call options to write, choosing different contracts based on pricing and expiration. The strategy aims to provide three main benefits: receive premium by selling call options to enhance cash flow, provide some potential capital appreciation over the long term from the underlying stocks, and help mitigate portfolio losses during volatile markets by the cash flow received. There is no guarantee the portfolio manager will be able to deliver these benefits.
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
Electronic Technology
Technology Services
Finance
Stocks98.81%
Electronic Technology24.22%
Technology Services22.28%
Finance14.22%
Retail Trade8.29%
Health Technology6.89%
Transportation3.57%
Consumer Services2.58%
Consumer Non-Durables2.46%
Consumer Durables2.25%
Producer Manufacturing1.90%
Energy Minerals1.63%
Industrial Services1.57%
Process Industries1.56%
Commercial Services1.42%
Communications1.23%
Utilities1.07%
Non-Energy Minerals0.79%
Health Services0.50%
Distribution Services0.40%
Bonds, Cash & Other1.19%
Cash1.19%
Stock breakdown by region
North America98.19%
Europe1.81%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FEPY invests in stocks. The fund's major sectors are Electronic Technology, with 24.22% stocks, and Technology Services, with 22.28% of the basket. The assets are mostly located in the North America region.
FEPY top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 8.49% and 6.96% of the portfolio correspondingly.
FEPY assets under management is 50.00 M CAD. It's fallen 2.36% over the last month.
FEPY fund flows account for 49.65 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.
No, FEPY doesn't pay dividends to its holders.
FEPY shares are issued by 483A Bay Street Holdings LP under the brand Fidelity. The ETF was launched on Sep 24, 2024, and its management style is Active.
FEPY expense ratio is 0.47% meaning you'd have to pay 0.47% of your investment to help manage the fund.
FEPY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FEPY invests in stocks.
FEPY price has risen by 0.88% over the last month, and its yearly performance shows a 5.92% increase. See more dynamics on FEPY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.87% over the last month, showed a 6.47% increase in three-month performance and has decreased by −3.30% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.87% over the last month, showed a 6.47% increase in three-month performance and has decreased by −3.30% in a year.
FEPY trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.