Fidelity Long/Short Alternative Fund (NEO:FLSA)

Canada flag Canada · Delayed Price · Currency is CAD
12.19
+0.05 (0.41%)
Feb 26, 2025, 4:00 PM EST
17.44%
Assets 157.16M
Expense Ratio n/a
PE Ratio n/a
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Frequency n/a
Payout Ratio n/a
1-Year Return +17.44%
Volume 131,528
Open 12.02
Previous Close 12.14
Day's Range 12.02 - 12.26
52-Week Low 10.37
52-Week High 12.44
Beta n/a
Holdings n/a
Inception Date Feb 1, 2024

About FLSA

Fidelity Long/Short Alternative Fund is an exchange traded fund launched and managed by Fidelity Investments Canada ULC. The fund invests in public equity markets of the United States and Canada region. It invests in stocks of companies operating across diversified sectors. The fund employs long/short strategy to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against a composite index comprising of 50% of the S&P/TSX Capped Composite Index and 50% of the S&P 500 Index . It employs proprietary research to create its portfolio. Fidelity Long/Short Alternative Fund was formed on October 16, 2020 and is domiciled in Canada.

Asset Class Alternatives
Category Long/Short
Stock Exchange Cboe Canada
Ticker Symbol FLSA
Provider Fidelity
Index Tracked 50% S&P/TSX Capped Composite Index - 50% S&P 500 Index - Benchmark TR Gross

Performance

FLSA had a total return of 17.44% in the past year. Since the fund's inception, the average annual return has been 19.04%, including dividends.