Fidelity Equity Premium Yield ETF Trust Unit Series LFidelity Equity Premium Yield ETF Trust Unit Series LFidelity Equity Premium Yield ETF Trust Unit Series L

Fidelity Equity Premium Yield ETF Trust Unit Series L

No trades

Key stats


Assets under management (AUM)
‪58.28 M‬CAD
Fund flows (1Y)
‪34.09 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.06%
Shares outstanding
‪2.10 M‬
Expense ratio
0.47%

About Fidelity Equity Premium Yield ETF Trust Unit Series L


Issuer
483A Bay Street Holdings LP
Brand
Fidelity
Home page
Inception date
Sep 24, 2024
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
Fidelity Investments Canada ULC
Identifiers
3
ISINCA31613F1009
The fund aims enhance cash-flow and long-term growth opportunities using an index call writing strategy. The underlying portfolio invests in US large-cap stocks and sells call options on a stock index similar to the stocks in the portfolio. The portfolio manager actively selects which call options to write, choosing different contracts based on pricing and expiration. The strategy aims to provide three main benefits: receive premium by selling call options to enhance cash flow, provide some potential capital appreciation over the long term from the underlying stocks, and help mitigate portfolio losses during volatile markets by the cash flow received. There is no guarantee the portfolio manager will be able to deliver these benefits.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Stock breakdown by region
98%1%
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.

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.
FEPY trades at 28.05 CAD today, its price has risen 0.18% in the past 24 hours. Track more dynamics on FEPY price chart.
FEPY net asset value is 28.02 today — it's risen 0.58% 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.
FEPY assets under management is ‪58.28 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.
FEPY price has risen by 1.48% over the last month, and its yearly performance shows a 1.70% increase. See more dynamics on FEPY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.58% over the last month, showed a 4.67% increase in three-month performance and has increased by 10.22% in a year.
FEPY fund flows account for ‪34.09 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.
FEPY invests in stocks. See more details in our Analysis section.
FEPY expense ratio is 0.47%. 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, FEPY 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, FEPY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FEPY shows the buy signal. See more of FEPY technicals for a more comprehensive analysis.
No, FEPY doesn't pay dividends to its holders.
FEPY trades at a premium (0.06%).
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.
FEPY shares are issued by 483A Bay Street Holdings LP
FEPY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 24, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.