Question 1

What is FIE?

Accepted Answer

FIE (iShares Canadian Financial Monthly Income Common Class) is a Canadian-listed ETF trading on the TSX. It tracks the Morningstar Can Equity Tgt Alloc NR CAD.

Question 2

What is the FIE ETF price today?

Accepted Answer

FIE last traded at $10.97 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the FIE MER (management expense ratio)?

Accepted Answer

FIE has a management expense ratio (MER) of 0% 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. At 0%, FIE is considered a low-cost ETF.

Question 4

What are FIE annualised returns?

Accepted Answer

FIE historical returns: YTD: +9.81%, 1-year: +24.12%, 3-year annualised: +26.03%, 5-year annualised: +13.29%, 10-year annualised: +11.91%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 2.07, which measures risk-adjusted return.

Question 5

Does FIE pay dividends or distributions?

Accepted Answer

Yes, FIE distributes income to unitholders. The current distribution yield is approximately 4.30%, paid monthly. 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 FIE invest in?

Accepted Answer

FIE's top holdings include iShares S&P/TSX Canadian Preferred Share Index ETF Common Class (CPD, 20.1%), iShares Core Canadian Corporate Bond Index ETF (XCB, 9.7%), Canadian Imperial Bank Of Commerce (CM, 8.2%), Royal Bank of Canada (RY, 8.4%), Toronto Dominion Bank (TD, 7.7%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Equity Tgt Alloc NR CAD.

Question 7

What sectors does FIE invest in?

Accepted Answer

FIE's largest sector exposures are Financial Services (93.0%), Real Estate (3.7%), Energy (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is FIE? (Assets under management)

Accepted Answer

FIE has approximately $1.35B 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 FIE launched?

Accepted Answer

FIE was launched on April 16, 2010, giving it a 16-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 FIE in Canada?

Accepted Answer

FIE trades on the TSX under the ticker FIE. 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 FIE?

Accepted Answer

FIE has a 1-year volatility of 12.20% and a beta of 1.06 (roughly in line with the broad market). Its 3-year Sharpe ratio of 2.07 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
2026-10-14	$10.98	$10.99	$10.93	$10.97	$10.97	63,279
2026-10-13	$10.93	$11.02	$10.93	$11.01	$11.01	101,343
2026-10-09	$10.79	$10.92	$10.79	$10.91	$10.91	80,000
2026-10-08	$10.78	$10.83	$10.74	$10.79	$10.79	58,694
2026-10-07	$10.93	$10.93	$10.80	$10.81	$10.81	99,220
2026-10-06	$10.93	$11.01	$10.93	$10.96	$10.96	73,652
2026-10-05	$10.96	$10.97	$10.94	$10.94	$10.94	63,915
2026-10-02	$10.92	$10.99	$10.92	$10.98	$10.98	45,752
2026-10-01	$10.93	$10.93	$10.81	$10.91	$10.91	145,506
2026-09-30	$11.03	$11.05	$10.94	$10.95	$10.95	101,342

#	Ticker	Name	Weight
1	CPD	iShares S&P/TSX Canadian Preferred Share Index ETF Common Class	20.12%
2	XCB	iShares Core Canadian Corporate Bond Index ETF	9.69%
3	CM	Canadian Imperial Bank Of Commerce	8.16%
4	RY	Royal Bank of Canada	8.38%
5	TD	Toronto Dominion Bank	7.71%
6	MFC	Manulife Financial Corp	7.47%
7	BMO	Bank of Montreal	6.54%
8	NA	National Bank of Canada	6.10%
9	POW	Power Corporation Of Canada	4.17%
10	GWO	Great-West Lifeco Inc.	3.61%

Sector	Weight
Financial Services	92.97%
Real Estate	3.69%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
CGMD		$6.72	+16.26%
SOXD		$14.61	+13.26%
SLVD	BetaPro Silver -2x Daily Bear ETF	$40.88	+12.52%
MSTZ		$2.20	+11.11%
COID		$4.30	+9.97%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.37	+9.46%
QQQD		$6.74	+6.81%
SRSL		$12.29	+6.78%

iShares Canadian Financial Monthly Income Common Class (FIE : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — FIE