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 $11.43 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: +14.41%, 1-year: +37.17%, 3-year annualised: +27.31%, 5-year annualised: +14.95%, 10-year annualised: +12.92%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.90, 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 4.25%, 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, 17.7%), Royal Bank of Canada (RY, 8.8%), iShares Core Canadian Corporate Bond Index ETF (XCB, 8.7%), Canadian Imperial Bank Of Commerce (CM, 8.6%), Toronto Dominion Bank (TD, 8.6%) — 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 (96.0%), Real Estate (4.0%), Basic Materials (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 $1.45B 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 10.01% and a beta of 1.09 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.90 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
2026-07-20	$11.57	$11.60	$11.43	$11.43	$11.43	106,009
2026-07-17	$11.50	$11.62	$11.50	$11.57	$11.57	48,964
2026-07-16	$11.61	$11.63	$11.53	$11.58	$11.58	121,117
2026-07-15	$11.49	$11.61	$11.48	$11.61	$11.61	166,834
2026-07-14	$11.42	$11.48	$11.42	$11.46	$11.46	48,641
2026-07-13	$11.45	$11.47	$11.37	$11.41	$11.41	100,492
2026-07-10	$11.38	$11.45	$11.38	$11.45	$11.45	45,944
2026-07-09	$11.32	$11.40	$11.32	$11.38	$11.38	85,734
2026-07-08	$11.42	$11.42	$11.27	$11.30	$11.30	248,529
2026-07-07	$11.43	$11.46	$11.39	$11.44	$11.44	61,136

#	Ticker	Name	Weight
1	CPD	iShares S&P/TSX Canadian Preferred Share Index ETF Common Class	17.66%
2	RY	Royal Bank of Canada	8.79%
3	XCB	iShares Core Canadian Corporate Bond Index ETF	8.69%
4	CM	Canadian Imperial Bank Of Commerce	8.64%
5	TD	Toronto Dominion Bank	8.56%
6	MFC	Manulife Financial Corp	6.73%
7	NA	National Bank of Canada	6.61%
8	BMO	Bank of Montreal	6.09%
9	GWO	Great-West Lifeco Inc.	4.54%
10	POW	Power Corporation Of Canada	4.09%

Sector	Weight
Financial Services	96.04%
Real Estate	3.96%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

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

CIBC Investor's Edge

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