Fidelity

FCLS

Fidelity Canadian Long/Short Alternative Fund

Equity ETFCanada-FocusedCboe CA:FCLSCAD

Market price data current to November 5, 2026.

Key Stats

+2.83% 1D

Market price

As of Nov 5, 2026

Net assets

Assets under management

MER

Low cost

Distribution yield

As of Sep 30, 2026

Annually

Distribution frequency

Income payment schedule

Underlying holdings

Broad diversification

Annualized return

What Is FCLS?

One ticker, 182 companies

The Fund 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 Fund’s gross exposure, calculated as the sum of the following, must not exceed 300% of its net asset value: (i) the aggregate market value of securities sold short; (ii) the value of indebtedness under any borrowing arrangements for investment purposes; and (iii) the aggregate notional value of the Fund’s derivatives positions, excluding any derivatives used for hedging purposes.

IssuerFidelity
Inception dateFebruary 1, 2024
ExchangeCboe CA
CurrencyCAD
Risk ratingMedium
Management fee0.95%

Set it, forget it, let compounding do the heavy lifting. 💪

Additional Fund Facts

NAV$15.33
Units outstanding710,000
Management fee0.95%
Direct holdings192
Risk ratingMedium