Question 1

What is FIE?

Accepted Answer

FIE (iShares Canadian Financial Monthly Income Common Class) is a Canadian-listed ETF trading on the TSX in the Canadian Equity Balanced category. 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 $11.09 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: +11.01%, 1-year: +27.27%, 3-year annualised: +27.67%, 5-year annualised: +14.07%, 10-year annualised: +12.33%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.95, 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 4.31%, 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, 20.5%), iShares Core Canadian Corporate Bond Index ETF (XCB, 9.9%), Royal Bank of Canada (RY, 8.2%), Canadian Imperial Bank Of Commerce (CM, 8.1%), Toronto Dominion Bank (TD, 7.3%) — 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 (96.5%), Real Estate (3.5%), 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 $1.41B 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 11.22% and a beta of 1.03 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.95 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
2026-09-24	$11.09	$11.12	$11.05	$11.09	$11.09	57,742
2026-09-23	$11.28	$11.28	$11.13	$11.13	$11.09	92,686
2026-09-22	$11.36	$11.37	$11.26	$11.29	$11.29	109,422
2026-09-21	$11.27	$11.35	$11.27	$11.35	$11.35	231,975
2026-09-18	$11.20	$11.23	$11.19	$11.23	$11.23	78,504
2026-09-17	$11.23	$11.25	$11.20	$11.22	$11.22	67,633
2026-09-16	$11.18	$11.24	$11.12	$11.17	$11.17	89,426
2026-09-15	$11.19	$11.19	$11.10	$11.16	$11.16	103,528
2026-09-14	$11.13	$11.23	$11.13	$11.18	$11.18	84,369
2026-09-11	$11.17	$11.19	$11.11	$11.18	$11.18	72,404

#	Ticker	Name	Weight
1	CPD	iShares S&P/TSX Canadian Preferred Share Index ETF Common Class	20.55%
2	XCB	iShares Core Canadian Corporate Bond Index ETF	9.94%
3	RY	Royal Bank of Canada	8.15%
4	CM	Canadian Imperial Bank Of Commerce	8.12%
5	TD	Toronto Dominion Bank	7.26%
6	MFC	Manulife Financial Corp	6.82%
7	BMO	Bank of Montreal	6.38%
8	NA	National Bank of Canada	6.15%
9	POW	Power Corporation Of Canada	4.04%
10	GWO	Great-West Lifeco Inc.	3.57%

Sector	Weight
Financial Services	96.49%
Real Estate	3.51%
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%

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CIBC Investor's Edge

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