Key stats
About FIDELITY CANADIAN VALUE ETF UNIT SER L
Home page
Inception date
Jun 5, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
The fund is passively managed to target the Canadian value equity space. The fund holds large- and mid-cap Canadian stocks that are identified to be undervalued within their respective sectors based on a composite value score, subject to a size factor adjustment. The value score is generally taken from the weighted average of four metrics: free cash flow yield, EV/EBITDA, P/B, and forward P/E, except for banks wherein only P/B and forward P/E are considered. The resulting portfolio of about 60-100 stocks is weighted by value score and rebalanced on a semi-annual basis.
Classification
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Energy Minerals
Stock breakdown by region
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.
Related funds
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.
FCCV trades at 16.28 CAD today, its price has risen 0.37% in the past 24 hours. Track more dynamics on FCCV price chart.
FCCV net asset value is 16.29 today — it's risen 6.03% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FCCV assets under management is 402.41 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.
FCCV price has risen by 5.51% over the last month, and its yearly performance shows a 20.41% increase. See more dynamics on FCCV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.03% over the last month, showed a 8.35% increase in three-month performance and has increased by 20.02% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.03% over the last month, showed a 8.35% increase in three-month performance and has increased by 20.02% in a year.
FCCV fund flows account for 190.10 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.
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.
FCCV invests in stocks. See more details in our Analysis section.
FCCV expense ratio is 0.41%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FCCV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FCCV technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FCCV shows the strong buy signal. See more of FCCV technicals for a more comprehensive analysis.
Today, FCCV technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FCCV shows the strong buy signal. See more of FCCV technicals for a more comprehensive analysis.
Yes, FCCV pays dividends to its holders with the dividend yield of 2.53%.
FCCV trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FCCV shares are issued by FMR LLC
FCCV follows the Fidelity Canada Canadian Value Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 5, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.