Two Fidelity ETF positions are set to disappear on July 24, 2026, after Fidelity Investments Canada ULC said it will terminate Fidelity Canadian Monthly High Income ETF and Fidelity Global Monthly High Income ETF. The special reinvested distributions for Series L units were announced on July 17, and the resulting units will be consolidated so each investor’s unit count does not change.
July 24 de-listing for two Fidelity ETFs
2 Fidelity ETFs are scheduled to be de-listed from the Toronto Stock Exchange at Fidelity’s request and terminate at the close of business on July 24, 2026. For holders of the Series L units, the immediate issue is not a cash payout but an accounting change: the special distributions are being reinvested, then the units are consolidated into the same total count.
$416 billion in assets under management was reported by Fidelity Investments Canada as of July 14, 2026, giving the wind-down notice scale even as the product action remains narrow. That size matters here because the announcement comes from a large fund manager, but the operational effect is confined to investors in the two named Fidelity ETFs and their Series L units.
July 10 estimates, July 27 final amounts
July 10, 2026 is the valuation date behind the estimates, and that creates the main caveat for investors reading the notice now. The special distribution amounts are only estimated as of that date and could change before Fidelity expects to announce the final special reinvested distribution amounts on or about July 27, 2026.
Chris Pepper, Vice-President, Corporate Affairs, Fidelity Investments Canada ULC, was listed as a media contact for the announcement, alongside Catherine Fiorino, Communications Manager. Fidelity said, “our mission is to build a better future for our clients,” a line that sits against a very practical next step for holders: watch the final distribution notice, then check post-consolidation unit balances after the July 24 termination.
What holders should watch next
Special reinvested distributions mean the payout is applied back into the ETF rather than sent out in cash, and the later consolidation is what keeps the investor’s unit count unchanged. If the final amounts differ from the estimates, the mechanics still work the same way; the dollar amount attributed to each holding changes, not the structure of the wind-down.
Fidelity expects to announce the final special reinvested distribution amounts on or about July 27, 2026, after the ETFs have already been terminated. For investors in Fidelity Canadian Monthly High Income ETF and Fidelity Global Monthly High Income ETF, the only numbers that should matter now are the estimate date, the termination date, and the final notice date that follows.
