Key stats
About Fidelity Global Equity+ Balanced Fund Trust Units
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Inception date
May 16, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Fidelity Investments Canada ULC
ISIN
CA3162201022
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
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
Technology Services
Government
Corporate
Stocks54.96%
Technology Services11.66%
Retail Trade7.24%
Consumer Non-Durables6.65%
Electronic Technology6.25%
Finance4.34%
Non-Energy Minerals2.28%
Producer Manufacturing2.20%
Transportation2.02%
Communications1.85%
Health Technology1.74%
Commercial Services1.67%
Consumer Services1.45%
Utilities1.18%
Industrial Services1.09%
Miscellaneous0.80%
Consumer Durables0.69%
Health Services0.61%
Distribution Services0.52%
Process Industries0.48%
Energy Minerals0.24%
Bonds, Cash & Other45.04%
Government20.24%
Corporate15.30%
Loans4.25%
Cash4.24%
Securitized1.11%
Mutual fund0.89%
Municipal0.26%
Rights & Warrants0.01%
Miscellaneous−1.27%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FGEB assets under management is 17.53 M CAD. It's risen 8.89% over the last month.
FGEB fund flows account for 10.82 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, FGEB pays dividends to its holders with the dividend yield of 0.72%. The last dividend (Dec 31, 2024) amounted to 0.08 CAD. The dividends are paid annually.
FGEB shares are issued by 483A Bay Street Holdings LP under the brand Fidelity. The ETF was launched on May 16, 2024, and its management style is Active.
FGEB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FGEB invests in stocks.
FGEB price has risen by 3.06% over the last month, and its yearly performance shows a 15.46% increase. See more dynamics on FGEB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.23% over the last month, showed a 6.94% increase in three-month performance and has increased by 9.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.23% over the last month, showed a 6.94% increase in three-month performance and has increased by 9.19% in a year.
FGEB trades at a premium (1.09%) meaning the ETF is trading at a higher price than the calculated NAV.