Fidelity International High Dividend ETF
FCID.TO
Toronto Stock Exchange- -
CAD
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- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 483 Bay Street, Suite 300 Toronto ON Canada M5G 2N7
- IPO Date
- Sep 18, 2018
- Website
- fidelity.ca
- Similar Companies
- Business
- Fidelity International High Dividend ETF (FCID.TO) is an exchange-traded fund that seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada International High Dividend Index. The ETF primarily invests in dividend-paying equity securities of companies with principal business activities or interests outside Canada and the United States, providing exposure to high-quality, high-dividend-yielding stocks in international developed markets; it primarily holds large- and mid-cap growth and value stocks across diversified sectors including financials, industrials, materials, utilities, energy, real estate, health care, consumer discretionary, information technology, and consumer staples. Key holdings as of mid-2025 include Enel, Klépierre S.A., National Grid, Link Real Estate Investment Trust, Shell, Origin Energy Limited, Invincible Investment, BP, Equinor, and HSBC Holdings, with top 10 holdings representing approximately 31% of assets and a total of around 102-124 holdings. Launched on September 13, 2018 and listed on the Toronto Stock Exchange, the ETF is managed by Fidelity Investments Canada ULC and co-managed by Geode Capital Management, LLC, with a management expense ratio of 0.45% and monthly distributions featuring a trailing 12-month yield of about 4.08%. Geode Capital Management provides systematic investment strategies with over $1.7 trillion in assets under management as of June 30, 2025. The fund targets investors seeking monthly income and capital appreciation through single-factor exposure to sustainable high-dividend international equities, with geographic allocations emphasizing the United Kingdom (19.6%), Japan (18.0%), Australia (12.7%), France (8.7%), Germany (6.4%), Italy (6.4%), Switzerland (4.8%), Hong Kong (4.6%), Sweden (4.2%), and Spain (4.2%), among other countries. In December 2023, the fund underwent a name change from Fidelity International High Dividend Index ETF to Fidelity International High Dividend ETF as part of Fidelity Investments Canada ULC's broader product naming simplification initiative affecting multiple ETFs. Recent operational developments include ongoing monthly cash distributions and annual reinvested capital gains distributions announced in late 2024 and 2025, such as the final December 2024 distributions and estimated 2025 capital gains, reflecting consistent income generation for unitholders. The ETF maintains a dividend reinvestment program (DRIP) option and supports a diversified portfolio rebalanced annually by index provider Fidelity Product Services LLC.