When does Fidelity Canadian Value ETF pay distributions?▾
The most recent ex-dividend date was March 27, 2026. The next scheduled dividend payment date is March 31, 2026.
What does Fidelity Canadian Value ETF invest in?▾
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.