FidelityConnects

We’re now in the fourth quarter of 2022. Markets continue to bounce between green and red, continuing last quarters trends, which saw the S&P500 fall to its lowest levels in September since March 2020. We’re joined again today by Director of Global Macro, Jurrien Timmer, for his global macro and markets update, as we look ahead to earnings season, the next Fed meeting, and what else is on the horizon globally to impact markets. As stocks aim for a rebound, what can we expect from this earnings season? Among other insights shared today with host Pamela Ritchie, Jurrien believes we're starting to get indications that we're getting closer to the end of this decline, than we have been so far. Jurrien will be sharing his charts so please head to @TimmerFidelity on Twitter to follow along.

Recorded on October 3, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

China Manufacturing PMI data reported an uptick in activity for the month of September - the first expansion since June. But while the country’s manufacturing activity grew, services and new factory orders contracted, continuing to put pressure on China’s overall economic growth. Meanwhile, Japan’s large-scale monetary easing policy has contributed to its low inflation - the lowest amongst major economies. Portfolio manager Eileen Dibb joins us today to unpack what’s next for Asia and look at how advisors and investors could position themselves in this region for the months ahead. For Canadian investors, Eileen manages Fidelity Asia Star Fund and Fidelity Japan Fund. Also today, among other topics, Eileen will provide a positioning update for her funds, across the Asia-Pacific region.

Recorded on September 30, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcipt-podcast-eileen-dibb-sept22.pdf

Worries about global economic growth and if a soft landing by the Federal Reserve is possible, remains top of mind with market watchers. So what should investors keep an eye on in the weeks ahead? We’re joined by Denise Chisholm, Director of Quantitative Market Strategy, who shares that the U.S. is in a much better position than the rest of the world because interest rates will likely be high enough to be able to generate some sort of stimulus and demand. Also, that it is likely inflation will begin to decelerate more quickly at some point over the next six months. Additionally, Denise provides an update on her top and bottom sectors right now – also noting that the risk-reward is rapidly shifting for energy stocks.

Recorded on September 29, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

There has been a lot of movement lately in global currencies - the pound, euro, and Canadian dollar have all shown signs of weakness, putting further pressure on investors and consumers. So as investors grapple with how the dip in regulated currencies are affecting their portfolio, many are looking to alternative asset classes, particularly cryptocurrencies. Recently, Ethereum, the second largest cryptocurrency, made a big move on the blockchain network called “The Merge”, and leading to an increased investor interest as it paves the way for a greener crypto future. On September 28th Fidelity Investments Canada announced the launch of two new products: Fidelity Advantage Ether ETF and Fidelity Advantage Ether ETF Fund. On today’s show we welcome Portfolio Manager Reetu Kumra and Digital Assets Strategist Meghan Chen, joining host Pamela Ritchie for a look at what exactly is Ether, how does it differ from Bitcoin, and how could these two new products for Canadian investors leverage your portfolio in a time of market volatility?

Recorded on September 28, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

North American markets have continued their turbulence of late, and with central banks trying to contain inflation and oil prices falling - market volatility is not out of frame just yet. During this period of continued uncertainty, where can investors access downside protection and even the potential for some upside with liquid alternatives? Joining us today to offer his insight on today’s market landscape, and to provide an update for both Fidelity Global Value Long/Short Fund and Fidelity Canadian Large Cap Fund is portfolio manager Dan Dupont. Dan shares that downside protection continues to be the main feature of his process, believing this provides the opportunity to outperform as compounding can happen from higher levels. Also today Dan looks at oil companies, the macro picture, shares his thoughts on the overall economy and recession fears, and the state of US companies versus global.

Recorded on September 27, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-dupont-sept27.pdf

Global markets are still adjusting to the September FOMC meeting and subsequent rate hike. It remains clear that the Fed is committed to its plan to lower inflation, and investors are looking to obtain fair value in a financial climate laden with opportunities. Jurrien Timmer, Director of Global Macro, is back for his weekly look at the markets, to help unpack what investors could see in the short-term, and look at what current valuations say about where those opportunities will arise moving forward? Jurrien shares today that if the Fed goes where it says it's going and inflation expectations are correct, considering the effects of quantitative easing we are heading for significantly restrictive monetary policy. Jurrien also looks at the Fed cycle, the 60/40 portfolio, Europe’s energy crisis, and more. Also, per usual, Jurrien shares some charts so please head to @TimmerFidelity on Twitter to follow along.

Recorded on September 26, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

One of the most common market questions being asked is ‘have we reached the bottom?’ With another rate hike recently, one emerging view is that ‘we may be getting closer to the end.’ So, with this view in mind, what are the market expectations at this point in the cycle? What role do ETFs play and how should investors position their portfolios moving forward? ETF Capital Markets Director, Andrei Bruno joins us today to share insights on the latest market action, leadership in the ETF landscape, and thoughts on current and long-term portfolio construction. Andrei also shares today that he believes as we get a little bit more clarity into the inflation story and what the Fed and the Bank of Canada are going to do, it is time to start looking at fixed income. Andrei also notes that the upcoming earnings season is going to be very important for the equity outlook.

Recorded on September 23, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-bruno-sept23.pdf

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

We’re shining a spotlight on value investing today with institutional portfolio manager Naveed Rahman. As inflation remains a stubborn thorn in the side of the global economy, Naveed begins today’s show reflecting on the news of yet another 75 basis point hike by the U.S. Federal Reserve. Naveed also shares an update on positioning and the investing approach of Fidelity Global Intrinsic Value Class. This includes being constantly on the hunt for high-quality cheap companies that are cash generative. Among other topics covered today include companies “right-sizing” their debt, positioning in Japan including a look at the Yen and Japanese Central Bank, valuations of small caps versus large caps, and consumer trends.

Recorded on September 22, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-rahman-sept-22-22.pdf

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

On today’s show we welcome Chris Kuiper, director of research at Fidelity Digital Assets, based out of Boston. Chris joins host Colin Randall, director of research at Fidelity Investments Canada, to discuss all things digital assets. One of the most anticipated and significant events in digital assets relatively short history occurred in the early hours of September 15th. Dubbed the Merge, the event marks the Ethereum blockchain's transition move from a proof-of-work consensus mechanism to a proof-of-stake mechanism. Chris unpacks what this means, including how the Merge represents significant change in Ethereum's technical structure, its economics and environmental footprint, which some say will reduce the blockchain's energy consumption by more than 99%. Also, Chris and Colin discuss the differences between the Ethereum and Bitcoin networks, also what’s driving the price drops in Bitcoin and Ethereum this year, and how cryptocurrencies could fit into a portfolio.

Recorded on September 21, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-kuiper-sept21.pdf

We’re joined today by a special guest, the Honourable John Baird, former Canadian Foreign Affairs Minister serving under Prime Minister Harper. The inflation story is continuing to move markets, and a major piece of the inflation story this year has been geopolitics including the Ukraine crisis and its consequences on energy and agriculture. Also, a rising China, shifting supply chains, and economic and military alliances across the globe. John Baird shares his views today on the geopolitical climate, to help make sense of what it all means for Canada. John has had a front seat in the world of diplomacy, trade negotiations, national security and decision-making at the highest levels of government. Some highlights from John’s discussion with host Pamela Ritchie include a look at the most significant geopolitical factors right now, the impact of inflation in Canada and globally, Canada’s relationship with the U.S., infrastructure, housing, immigration, and more.

Recorded on September 20, 2022.

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 the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics’ Advisor Digital Experience Study.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-baird-sept20.pdf