FidelityConnects

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Portfolio manager Aneta Wynimko manages Fidelity Global Consumer Industries Fund. She is based in London, but we caught up with her on a recent visit to Toronto. On today’s podcast, Aneta shares a 5-minute update on how consumers are responding to rate cuts. Now that rate pressures are starting to ease, where are consumers choosing to spend and save their money?

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Today we’re joined by Bobby Barnes, Fidelity’s Head of Quantitative Index Solutions. He’s shares his thoughts on the current market environment, why buying the dip could be a winning move in large caps, and what opportunities to stay in invested in economic downturns. Bobby explains why focusing on permanent layoffs might provide a more accurate recession signal, and cautions against reacting too quickly to rising unemployment rates. Bobby also looks at the importance of long-term thinking in the current socioeconomic climate. With rate cuts taking long to materialize within the economy, to the potential impacts of the U.S. election outcome, Bobby remains focused on long-term trends, despite tactical opportunities that may come with current events.

Recorded on September 13th, 2024.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Today, we sit down for a brief update with renowned Fidelity portfolio manager Will Danoff. In speaking with Glen Davidson, Will shares his strategies for navigating market changes as we transition from summer to autumn 2024. He also comments on the power of Fidelity, and why he's excited about the investing potential of artificial intelligence. For Canadian investors, Will manages Fidelity Insights Class and Fidelity Global Growth and Value Class.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Portfolio Manager Mark Schmehl answers these questions and more on today’s episode. Mark says we are currently in the digestion phase of the AI wave. He says everyone is invested in AI but nobody knows what the next big innovation will be in this space and what demand will look like. Host Pamela Ritchie says now that some tech stocks are cheap will he buy into the dip? Mark says no - he has seen this happen before and says you’re not going to miss anything, there will be other places to make money and invest. Besides AI, for Mark he is invested in healthcare, which he says people have ignored, but is doing well in a choppy economy. He’s also invested in non-tech growth stocks like home builders and biotech.  Mark says there are lots of growth stocks that are not AI-related. His biggest worry is a potential recession, which he says alot of companies are not planning for, but should. Mark says overall he doesn’t think the consumer is in a great spot, but for now is okay and being cautious. He doesn’t quite know what the pain point would be for a potential recession, but he is keeping an eye on it and investing in other areas that are not necessarily AI-related.

Recorded on September 10, 2024.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

How’s the state of the Canadian consumer? Is the Bank of Canada on the right pace in terms of rate cuts? And what does Canada’s recent unemployment rate mean for the broader economy? Joining us to discuss this and more are research analysts Thomas Goldthorpe and Brendan Cochrane. Brendan discusses the recent 25 basis point cut by the BOC saying the consumer would have probably benefited more from a bigger cut. He says with the refinancing of mortgages, this recent cut still affects the consumer’s discretionary spending. But Brendan adds they are still bearish on the Canadian consumer and there are still great opportunities in the Canadian consumer discretionary sector. Thomas says there may be more cuts are on the way, but it will take some time for the cuts to be fully made. Inflation is at 2.5 percent, down from where we were before, but he says it feels like we’re trending towards an inflation regime that could look something like pre-COVID days. They also touch on luxury consumer goods, on-going discussion on a soft landing vs. a hard landing, and the Canadian banking sector. 

Recorded on September 6, 2024.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Portfolio Manager David Tulk joins us today to unpack the latest events in interest rate cuts, challenges facing Canada’s economy, and market volatility.  David discusses the recent Bank of Canada rate announcement. He says how it’s clear that the BOC wants to continue to ease interest rates, given growing concerns over inflation. He explains how the BOC needs to get the overnight rate much closer to its neutral setting to battle the current rising unemployment rate. David also talks about the current affairs of Canada vs. Global Opportunities. He explains how U.S. elections coming up could lead to more fiscal spending and protectionist policies, which could impact Canada’s export-led growth. David also touches on diversified investment strategies, broad positioning, and immigration policies.

Recorded on September 5th, 2024.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Portfolio Manager Hugo Lavallée joins us today to share his unique perspective on navigating the current market. Hugo discusses the impact of recent interest rate cuts on consumers. While some relief is on the horizon, he notes that it’s coming slowly due to concerns over reigniting inflation. Hugo talks about the importance of time in his investment strategy. He emphasizes the value of patience in a market obsessed with immediate results. Hugo reflects on how his investment style has evolved over the past decade from quick trades to a more deliberate, long-term focus.   With inflation cutting into purchasing power and interest rate pushing borrowing costs higher, Hugo is particularly focused on consumer discretionary stocks. Despite recent struggles, Hugo believes in the underlying strength of these businesses, and sees potential amidst the current market discrepancies.

Recorded on September 4, 2024.

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information.

For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.