Volatility Factor definition
Examples of Volatility Factor in a sentence
FIDELITY ▇▇▇▇▇▇▇▇▇ TRUST on behalf of Fidelity Dividend ETF for Rising Rates, Fidelity High Dividend ETF, Fidelity Low Volatility Factor ETF, Fidelity Momentum Factor ETF, Fidelity Quality Factor ETF, Fidelity Value Factor ETF By /s/▇▇▇▇▇▇ ▇.
Manager will pay Subadviser a monthly fee for the Fidelity Low Volatility Factor ETF, the Fidelity Momentum Factor ETF, the Fidelity Value Factor ETF, and the Fidelity Quality Factor ETF computed at an annual rate, as set forth below, of the average daily net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust) throughout the month.
The "Equity Volatility Factor" shall be determined pursuant to the following table.
Manager will pay Subadviser a monthly fee for the Fidelity Low Volatility Factor ETF, the Fidelity Momentum Factor ETF, the Fidelity Value Factor ETF, and the Fidelity Quality Factor ETF computed as follows: $0 -$500m: 0.03% $500m -$1B: 0.029% Over $1B: 0.028%.
Theoretical days of sales outstanding(DSO): 81 days (**) - Defaulted Receivables period: beyond 90 days past due - Stress factor: 2,25 - Loss horizon: 5 months and 26 days (***) X months and Y days Loss Reserve Rate (m) = Maximum (Stress factor * Loss horizon ratio (m) * maximum within the last 12 months of the Loss ratio (m) + Default Volatility Factor; Floor Reserve Rate) Loss horizon ratio (m) = [Y/30 * Turnover (m-X) + Turnover (m-[X-1]) + Turnover (m-[X-2]) + ...