Q: Can you please provide the 5Y Total Return Performance for FCCM, Fidelity Canadian Momentum ETF and provide your data source name. This ETF says it rebalances quarterly but I could not find exactly when it does. Can you please tell me the 4 rebalance dates per year.
5i Research Answer:
5-YEAR 17.10% (bloomberg professional). Fidelity Canadian Momentum ETF (FCCM) rebalances quarterly on the third Friday of February, May, August, and November. The Fidelity Canada Canadian Momentum Index, which the ETF tracks, follows this schedule using data from the prior business day's close (Fidelity).