Question 1

What is FCMI?

Accepted Answer

FCMI — Fidelity Canadian Monthly High Income ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the FCMI ETF price today?

Accepted Answer

FCMI last traded at $15.79 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the FCMI MER (management expense ratio)?

Accepted Answer

FCMI has a management expense ratio (MER) of 0.5% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time.

Question 4

What are FCMI annualised returns?

Accepted Answer

FCMI historical returns: YTD: +8.15%, 1-year: +19.48%, 3-year annualised: +13.91%, 5-year annualised: +8.02%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.35, which measures risk-adjusted return.

Question 5

Does FCMI pay dividends or distributions?

Accepted Answer

Yes, FCMI distributes income to unitholders. The current distribution yield is approximately 3.31%. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does FCMI invest in?

Accepted Answer

FCMI's top holdings include Royal Bank of Canada (RY, 2.2%), iShares Gold Trust (IAU, 2.0%), Enbridge Inc (ENB, 2.0%), Canadian Natural Resources Ltd (CNQ, 1.8%), XRB (XRB, 1.7%) — and 3 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Neut Tgt Alloc NR CAD.

Question 7

What sectors does FCMI invest in?

Accepted Answer

FCMI's largest sector exposures are Financial Services (22.8%), Energy (20.6%), Basic Materials (11.3%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is FCMI? (Assets under management)

Accepted Answer

FCMI has approximately $12M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was FCMI launched?

Accepted Answer

FCMI was launched on January 16, 2020, giving it a 6-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy FCMI in Canada?

Accepted Answer

FCMI trades on the TSX under the ticker FCMI. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is FCMI?

Accepted Answer

FCMI has a 1-year volatility of 5.85% and a beta of 0.99 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.35 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-21	$15.75	$16.57	$15.65	$15.79	$15.79	16,758
2026-07-20	$15.75	$15.75	$15.75	$15.75	$15.75	240
2026-07-14	$15.66	$15.67	$15.66	$15.67	$15.67	1,200
2026-07-13	$15.61	$15.65	$15.61	$15.65	$15.65	9,507
2026-07-10	$15.64	$15.65	$15.64	$15.65	$15.65	1,075
2026-07-09	$15.64	$15.64	$15.64	$15.64	$15.64	1,720
2026-07-08	$15.56	$15.56	$15.56	$15.56	$15.56	100
2026-07-07	$15.70	$15.70	$15.65	$15.66	$15.66	3,680
2026-07-06	$15.71	$15.71	$15.71	$15.71	$15.71	8,631
2026-07-03	$15.50	$15.50	$15.50	$15.50	$15.50	335

#	Ticker	Name	Weight
1	RY	Royal Bank of Canada	2.24%
2	IAU	iShares Gold Trust	2.03%
3	ENB	Enbridge Inc	1.96%
4	CNQ	Canadian Natural Resources Ltd	1.84%
5	XRB	XRB	1.71%
6	TD	Toronto Dominion Bank	1.57%
7	SU	Suncor Energy Inc	1.56%
8	QSR	Restaurant Brands International Inc	1.47%

Sector	Weight
Financial Services	22.83%
Energy	20.55%
Basic Materials	11.32%
Consumer Cyclicals	10.52%
Utilities	7.57%
Real Estate	6.75%
Technology	5.82%
Communication Services	5.56%
Industrials	5.56%
Healthcare	1.81%
Consumer Defensive	1.71%

Fidelity Canadian Monthly High Income ETF (FCMI : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Fidelity Canadian Monthly High Income ETF

ETF Details

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Frequently Asked Questions — FCMI