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.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Government
Corporate
Stocks54.98%
Technology Services12.06%
Retail Trade6.72%
Consumer Non-Durables6.63%
Electronic Technology5.55%
Finance4.72%
Non-Energy Minerals2.52%
Transportation2.24%
Producer Manufacturing2.21%
Commercial Services2.08%
Communications1.92%
Health Technology1.78%
Consumer Services1.49%
Utilities1.20%
Industrial Services0.83%
Miscellaneous0.79%
Consumer Durables0.65%
Distribution Services0.59%
Process Industries0.39%
Energy Minerals0.35%
Health Services0.26%
Bonds, Cash & Other45.02%
Government20.33%
Corporate15.03%
Cash4.70%
Loans4.17%
Securitized1.08%
Mutual fund0.67%
Municipal0.26%
Rights & Warrants0.01%
Miscellaneous−1.24%
Top 10 holdings
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 assets under management is 20.00 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.
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.
Yes, FGEB pays dividends to its holders with the dividend yield of 0.71%.
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.