Fidelity Long/Short Alternative Fund (NEO:FLSA)
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.
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.