A summary of the Canadian ETF launches that occurred in February 2024.
Fidelity Investments launched seven new ETFs, a combination of equity and alternative strategies:
The equity strategies are:
Fidelity All-American Equity ETF (Ticker: FCAM), this solution provides exposure to a diversified portfolio of U.S. equity securities by using a strategic equity allocation approach. The underlying Fidelity ETFs that provide this exposure are:
Fidelity U.S. High-Quality ETF (25 per cent allocation), Fidelity U.S. Value ETF (25 per cent allocation), Fidelity U.S. Low Volatility ETF (25 per cent allocation), and Fidelity U.S. Momentum ETF (25 per cent allocation).
Fidelity All-Canadian Equity ETF (Ticker: FCCA), this solution provides exposure to a diversified portfolio of Canadian equity securities by using a strategic equity allocation approach. The underlying Fidelity ETFs that provide this exposure are:
Fidelity Canadian High-Quality ETF (25…
