Today we hear from portfolio manager Steve MacMillan. Steve is an American equities investor who has a prudent focus on downside protection – making money by not losing money, with a low-turnover, long-term approach. For Canadian investors, Steve manages Fidelity Small Cap America Fund, American Equity Fund, and co-manages Fidelity CanAm Opportunities Class alongside Mark Schmehl. Steve discusses his current outlook and portfolio positioning, shares opportunities he is seeing in 2022, and notes the importance of investing expertise in the current environment. This presentation and Q&A session was recorded during our Focus 2022 event on May 17 in Vancouver, with Steve also taking questions from the live and virtual audience with moderator Pamela Ritchie. Today’s podcast may be of interest to both investors and financial advisors. Advisors are encouraged to watch full video replays of the event by visiting fidelity.ca or reaching out to your Fidelity representative.

Recorded on May 17, 2022.

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