Fidelity Multi-Alt Equity Fund ETF Series (FMAE.TO)
10.68
+0.05
(+0.47%)
CAD |
TSX |
Jan 12, 12:34
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| -- | -0.09% | 9.576M | 1889.67 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | -- | 23.97M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund aims to provide long-term capital appreciation. It invests primarily in long and short positions of equity securities of companies anywhere in the world. The Fund can invest in these securities either directly or indirectly through investments in underlying funds. These underlying funds are alternative mutual funds. The Fund may use leverage through the use of short selling of up to 100% of its net asset value and by investing in derivatives. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| 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 January 12, 2026.
Asset Allocation
| Type | % Net |
|---|---|
| Cash | -- |
| Stock | -- |
| Bond | -- |
| Convertible | -- |
| Preferred | -- |
| Other | -- |
Basic Info
| Investment Strategy | |
| The Fund aims to provide long-term capital appreciation. It invests primarily in long and short positions of equity securities of companies anywhere in the world. The Fund can invest in these securities either directly or indirectly through investments in underlying funds. These underlying funds are alternative mutual funds. The Fund may use leverage through the use of short selling of up to 100% of its net asset value and by investing in derivatives. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| 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% |