Fidelity

FMNA

Fidelity Market Neutral Alternative Fund

Equity ETFGlobalCboe CA:FMNACAD

Market price data current to September 21, 2026.

Key Stats

+0.20% 1D

Market price

As of Sep 21, 2026

Net assets

Assets under management

MER

Low cost

TTM yield

As of Not reported

Annually

Distribution frequency

Income payment schedule

Underlying holdings

Broad diversification

Annualized return

What Is FMNA?

One ticker, 2,025 companies

The Fund invests primarily in long and short positions of equity securities of companies located in Canada and/or the United States. The Fund seeks returns with low correlation to major equity markets and may use leverage through the use of short selling of up to 100% of its net asset value and by investing in derivatives. The Fund's gross exposure is calculated as the sum of the following, and 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 specified derivatives positions excluding any specified derivatives used for hedging purposes.

IssuerFidelity
Inception dateFebruary 1, 2024
ExchangeCboe CA
CurrencyCAD
Risk ratingLow to medium
Management fee1.15%

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

Additional Fund Facts

NAV$10.14
Units outstanding210,000
Management fee1.15%
Direct holdings2,025
Risk ratingLow to medium

Fund Allocation

ATZ5.13%
Aritzia Inc Shs Subord Voting · CAD · 16,000 shares