FidelityConnects

Jurrien Timmer, Director of Global Macro, joins us again for his global macro and market perspectives. In today’s update Jurrien, student of history and our resident chart maker, looks at how the U.S. economy is more resilient to commodity price increases since it does not rely on Russian energy. Also, with eyes on the U.S. Federal Reserve, Jurrien notes it was not surprising to see the recent March rate hike, and looking ahead if high inflation does not start to fall, then the Fed is in a difficult position of choosing between inflation or a slowdown. Jurrien also looks at earnings estimates and if the market for international equities is attractive, among other topics today.

Recorded on March 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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Today we welcome portfolio manager Patrice Quirion. Patrice reflects on 2022 so far, noting that markets have been dealing with volatility because of uncertainty. He reminds investors at this time it’s wise to leave emotions aside and lengthen your time horizon. Additionally, because the markets have a tendency of over-react, those are the windows that create buying opportunities. For Canadian investors, Patrice manages Fidelity Global Concentrated Equity Fund, Fidelity International Concentrated Equity Fund, as well as private pools. Today Patrice speaks to how he builds his portfolios as a contrarian investor, and what geographical regions are of interest currently. Patrice also shares an outlook for U.S. markets and the U.S. dollar, and comments on energy and commodities, rising interest rates, the global consumer, and specific opportunities in China, among other topics.

Recorded on March 16, 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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Fixed income portfolio manager Jeff Moore joins the show today for a look at interest rates, the Federal Reserve and bond markets. For Canadian investors, Jeff manages many fixed income funds, including Fidelity Multi-Sector Bond Fund and Global Core Plus Bond ETF, as well as the fixed income subportfolio of Global Monthly Income Fund and NorthStar Balanced Fund, among others. Today with host Pamela Ritchie, Jeff reflects on the recent Federal Reserve announcement to raise rates, the volatility in the MOVE index, the timing and discussion of companies postponing bond issuances, and the potential for an inverted yield curve. Jeff also speaks on current positioning and his future outlook for the various fixed-income funds he manages.

Recorded on March 17, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_moore_mar17.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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Abhijeet Singh, institutional portfolio manager, is today’s guest to look at key drivers in emerging markets right now. For Canadian investors, Abhi works alongside portfolio manager Sam Polyak on Fidelity Emerging Markets Fund. Today, Abhi looks at emerging markets feeling the affects of spiking energy prices and soaring inflation threatening their economic growth. Also though, what tailwinds and perhaps opportunities across emerging markets regions could be possible in this environment. Specifically, Abhi shares that energy importing countries will be focusing on keeping their currencies under control, and countries that export energy materials may benefit. Abhi also shares his thoughts on specific regions such as Brazil, India, and China, looks at the short and long term for emerging markets investing, and comments on the global research resources available to him at Fidelity. This includes governance research analysts and geopolitical experts.

Recorded on March 11, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_singh_mar11.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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Joining us today to discuss the road ahead for North American financials is Matt Egerton, analyst and portfolio manager, and Nic Bellemare, equity research analyst. Matt, Nic, and host Pamela Ritchie discuss the extent that persistent inflation pressures, Russia’s invasion of Ukraine, and other key financial considerations will affect the sector this year and beyond. Also, how banks, asset managers, and insurers are navigating through the recent market volatility. Also discussed in today’s episode is the expectation for seven U.S. Federal Reserve rate hikes this year, the impact that spiking oil prices have on financials, how banks are viewing digital currency, their thoughts on ESG, Canadian Banks, and the Canadian housing picture including mortgages and rising rates.

Recorded on March 15, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_egerton_bellemare_mar15.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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Jurrien Timmer, Director of Global Macro, provides his weekly market outlook and global macro update. In today’s podcast, recorded earlier this week, Jurrien looks at market reaction to the expectations for a U.S. Federal Reserve rate hike. He notes it’s interesting that prior to the Russia-Ukraine conflict, the markets were expecting a 50-basis point hike, which is now down to a 25-basis point expectation. Jurrien and host Pamela Ritchie also discuss commodities, emerging markets, and the traditional 60/40 portfolio in the current environment – noting we may need to rethink what goes into the 40 during this inflationary environment. Please head to @TimmerFidelity on Twitter to follow along with Jurrien’s charts.

Recorded on March 14, 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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Joining us today to focus on the latest investment opportunities and challenges facing Europe, is London-based portfolio manager Matt Siddle. For Canadian investors, Matt manages Fidelity Europe Fund, a regional equity strategy that aims to offer exposure to companies in the European market. Matt shares that there is uncertainty about the current geopolitical environment. The Europe market was already cheaper and this has just accentuated, but he reminds us it’s important to look at valuations and at different time frames. There may be short term uncertainty but when looking medium to long term, valuations have become even more attractive. With host Pamela Ritchie, Matt also discusses how his two decades of experience helps navigate this market volatility, looks at financials and European banks specifically, as well as alternative energies, specifically wind and solar, noting different options suit different regions best.

Recorded on March 10, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_siddle_mar10.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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

On today’s show we’re taking a deep dive into cryptocurrencies with portfolio manager Reetu Kumra, and digital assets strategist Meghan Chen. Reetu and Megan look at the drivers of return for Bitcoin in the past, and also what’s driving Bitcoin and cryptocurrencies looking ahead – which includes institutional investor adoption, countries recognizing and accepting Bitcoin as legal tender, and investors looking for portfolio diversification or a store of value. Reetu and Megan also discuss risks and common criticisms, which stem from volatility driven by the uncertainty in Bitcoin’s value. One comparison for a store of value, is gold fluctuating in the 70’s and then stabilizing in the 80’s at it became more adopted.

Recorded on March 8, 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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Jeremy Podger, Portfolio Manager, manages Fidelity Global Fund for Canadian investors. Today he’ll be discussing his portfolio positioning and sharing his regional outlooks amidst ongoing supply chain constraints and rising interest rates. Jeremy is based in London, England, and within Fidelity Global Fund, he looks for investment opportunities among high-quality businesses, undervalued securities, and companies undergoing positive change. Jeremy also speaks to opportunities across different sectors, inflation, central banks, macro, and earnings estimates within different geographical markets.

Recorded on March 9, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_podger_mar9.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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.

Ilan Kolet joins us today for a timely discussion on tackling inflation and higher interest rates. Ilan is an Institutional Portfolio Manager in Fidelity’s Global Asset Allocation group, and he’ll share why we’re seeing the highest inflation rate since the 1980’s and looks at how inflation is likely to evolve. He notes the team is looking at changes in underlying data, what’s happening with supply chains, and the labour market including how wages affects the price of the good or service. Ilan also looks at how inflation could affect value and growth stocks differently, and how the Global Asset Allocation team builds balanced portfolios that include assets that have traditionally protected against inflation. Additionally, Ilan discusses currencies, and correlations between commodity prices and the Canadian dollar.

Recorded on March 10, 2022.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript_podcast_fidelityconnects_kolet_mar10.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. For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2021 Environics’ Advisor Digital Experience Study.