Fidelity Canadian Long/Short Altern Fund ETF Srs (FCLS.NO)
13.63
0.00 (0.00%)
CAD |
NEO |
Dec 11, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.28% | -1.21% | 8.830M | 986.67 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | -- | 5.210M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund aims to achieve long-term capital appreciation. It invests primarily in long and short positions of equity securities of Canadian companies and may use leverage through the use of short selling, generally around 30% of its net asset value, but may short sell up to 50% of its net asset value. The Fund uses quantitative techniques in the construction of its portfolio. The Funds gross exposure shall not exceed the limits on the use of leverage described in the Investment strategies section of this simplified prospectus or as otherwise permitted under applicable securities legislation and/or regulatory approval. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity Global |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.75% |
| Stock | 91.34% |
| Bond | 1.79% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 5.12% |
Basic Info
| Investment Strategy | |
| The Fund aims to achieve long-term capital appreciation. It invests primarily in long and short positions of equity securities of Canadian companies and may use leverage through the use of short selling, generally around 30% of its net asset value, but may short sell up to 50% of its net asset value. The Fund uses quantitative techniques in the construction of its portfolio. The Funds gross exposure shall not exceed the limits on the use of leverage described in the Investment strategies section of this simplified prospectus or as otherwise permitted under applicable securities legislation and/or regulatory approval. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity Global |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |