Key stats
About FIDELITY INTERNATIONAL MOMENTUM ETF
Home page
Inception date
Jun 5, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
The fund tracks an index of large- and mid-cap companies with strong momentum signals. Companies could be from around the world, excluding the United States and Canada. The fund uses composite scores to select and weight securities. The indexs construction is an iterative process that combines the composite factor score, size adjustment, selection, and weighting. The composite scores are based on four momentum factors over a period of around one year with equivalent weighting. The composite score is then blended with a size factor to remove size bias. Securities within each sector and super region are selected based on the size-adjusted composite score. Securities in groups with higher momentum characteristics are overweighted. The index is rebalanced quarterly. At each rebalance, the lowest ranked stocks by composite score in the portfolio are removed until a turnover threshold of 15% is reached.
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
Finance
Consumer Non-Durables
Stocks98.21%
Finance34.15%
Consumer Non-Durables11.32%
Non-Energy Minerals7.84%
Communications6.54%
Producer Manufacturing6.08%
Consumer Durables6.06%
Process Industries5.06%
Technology Services4.89%
Electronic Technology4.49%
Health Technology4.22%
Retail Trade4.04%
Miscellaneous0.90%
Commercial Services0.75%
Distribution Services0.71%
Transportation0.55%
Consumer Services0.37%
Health Services0.25%
Bonds, Cash & Other1.79%
Cash1.78%
Rights & Warrants0.01%
Miscellaneous0.00%
Stock breakdown by region
Europe60.03%
Asia27.66%
Oceania8.50%
North America2.69%
Middle East1.11%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FCIM invests in stocks. The fund's major sectors are Finance, with 34.15% stocks, and Consumer Non-Durables, with 11.32% of the basket. The assets are mostly located in the Europe region.
FCIM top holdings are Swiss Prime Site AG and Daiwa House Industry Co., Ltd., occupying 2.96% and 2.79% of the portfolio correspondingly.
FCIM last dividends amounted to 0.16 CAD. The year before, the issuer paid 0.18 CAD in dividends, which shows a 9.18% decrease.
FCIM assets under management is 512.77 M CAD. It's risen 10.62% over the last month.
FCIM fund flows account for 326.90 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.
Yes, FCIM pays dividends to its holders with the dividend yield of 1.45%. The last dividend (Dec 31, 2024) amounted to 0.16 CAD. The dividends are paid annually.
FCIM shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Jun 5, 2020, and its management style is Passive.
FCIM expense ratio is 0.96% meaning you'd have to pay 0.96% of your investment to help manage the fund.
FCIM follows the Fidelity Canada International Momentum Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FCIM invests in stocks.
FCIM price has risen by 0.52% over the last month, and its yearly performance shows a 22.66% increase. See more dynamics on FCIM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.01% over the last month, showed a 22.73% increase in three-month performance and has increased by 23.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.01% over the last month, showed a 22.73% increase in three-month performance and has increased by 23.83% in a year.
FCIM trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.