FidelityConnects

In today’s episode, we are once again joined by Director of Quantitative Strategy, Denise Chisholm, to discuss sector trends, market movements, and crucial topics in the investing industry. With the recent CPI number out, Denise believes a rate cut is likely. The latest data shows shelter costs aligning with 2021’s level, signaling that inflation pressures are easing. Denise then cautions that the rapid normalization occurring may feel like a recession given its contrast with the past decades conditions. She emphasizes that investors need to stay open-minded and consider diverse factors influencing the economy beyond recent historical norms. She notes that small caps have begun broadening out after a lagging effect over the past six months. Denise stresses the importance of considering earnings growth, as it drives the market. She says improving risk-reward profiles for small caps is evident if earnings growth accelerates and the Fed cuts rates. Denise closes off by giving her thoughts on Canada’s labour demand, diving into sectors sensitive to interest rates, and identifies attractive opportunities within small-cap stocks amid potential market shifts.

Recorded on July 11th, 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 are joined by Portfolio Manager, Morgen Peck, to discuss value investing, opportunities in the international markets, and how the Global Intrinsic Value team co-manages their fund. Morgen begins by describing the Global Intrinsic Value fund as a co-managed fund that benefits from multiple portfolio managers specializing in risk evaluation and idea generation. It is a value fund with a quality tilt, offering strong downside protection during market drawdowns while keeping pace during upswings through quality stock picking. She then notes that there are numerous opportunities in the smaller and mid-cap segments. Looking internationally, Japan is also highlighted as a key area, as Morgen talks about its currently undervalued and overlooked public companies. Morgen also uncovers other hidden gems such as the driving consumer and energy sectors, the geopolitical landscape, and AI development. She closes off by going in depth with the fund’s contingency plans. While the fund doesn’t maintain a strong macro forward view, Morgen emphasizes a good margin of safety and downside capture, offering resilience in potential recessions. She says with her team, she is actively trying to provide results correlated with the funds unique nature.

Recorded on July 9th, 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.

Capital gains taxes are going up for some Canadians, but there’s a lot of confusion among investors and cottage owners about what it all means. Ottawa says it’s only targeting the 0.13% but could it affect a wider segment of the population? What do the changes really mean and could it impact you and your summer oasis? We’re talking cottages and capital gains today, featuring host Bryan Borzykowski breaking down these changes, and speaking with a number of experts including Fidelity’s Michelle Munro, Director Tax and Retirement Research, and Phil Soper, CEO of Royal LePage. Today’s interview was initially presented as a webcast in our Upside+ series, which you can watch on Fidelity Canada’s LinkedIn page or YouTube channel.

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.

In today’s episode, we are joined by Portfolio Manager David Way, to discuss alternative strategies for the long and short fund in the third quarter. David provides insights for the growing interests in alternative investments, and the strategies to follow to help smooth out volatility in the current market. David begins by highlighting why alternatives are increasingly seen as a way to manage volatility. He talks about the opportunities available to enhance and generate returns on both the long and short funds. He emphasizes that given the current political volatility and market concentration, these strategies are proving valuable. When asked about the themes driving his stock picks and whether the AI story has been overplayed, David acknowledges that AI has led to a significant price appreciation within major companies. However, he also notes that there are companies facing existential risks from AI, and goes into the impacts it has on user metrics and revenue generation. He then talks about other relevant topics such as how the current rates environment is impacting his thesis, the performance of alpha in his short portfolio, and other risks involved in his long and short strategies. David then concludes with his thoughts on where we are in the market cycle, providing a broader perspective on how to navigate the current economic landscape.

Recorded on July 4th, 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.

In this episode, Investment Director Tom Stevenson joins us to discuss the impacts of the recent UK election results on the markets. Tom addresses the potential implications of the Labour party government on investing in the UK providing insights into how stock markets typically respond to elections. Tom highlights the positive response to the shift in power, looking at the equity market, fixed income/bond markets, and the pound, all of which have risen. Discussing trade and foreign direct investment, Tom explains that the new Labour government is likely to positively impact sectors like home building, while potentially imposing more taxes on oil and gas sectors. One of the Labour’s key strategies to promote growth is to rebuild relationships with the EU, which could enhance trade relations outside of Britain. Tom does note how the UK market is heavily influenced by global factors. Tom concludes that the election results is viewed positively for the domestic economy, making the UK market an attractive option for investors.

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.

For a few years now, we’ve welcomed today’s guest to our advisor-only live webcasts, and are pleased to offer this discussion also as a video podcast. Carlos Cardone, Senior Managing Director of Investor Economics, sits down with host Pamela Ritchie to share his team’s findings on the wealth management industry in Canada. This includes the latest trends shaping the industry so far in 2024, including the rising popularity of active ETFs, and much more. Investor Economics research is supported by a number of slides, so for those listening we encourage you to view this discussion on a platform that supports video podcasts such as Spotify or YouTube Music, for the full experience.

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.

In this episode, we are joined once again by Director of ETFs, Andrei Bruno, to discuss the current third quarter in capital markets. Andrei provides valuable insights into the latest data, market trends, and investment strategies to navigate the current economic landscape. He starts by highlighting the importance of retail sales and inflation numbers this past week. H examines both US and Canadian data, noting a slight uptick in unemployment, but nothing concerning at this stage. He also touches on the divergence in market flows, and how each countries yield curves are looking. When asked about buffer ETFs, Andrei acknowledges that they haven’t gained a tremendous amount of traction. He explains that in a scenario where markets decline significantly, buffer ETFs are likely to outperform, offering a level of protection for investors. He then discusses the role of nuclear power in supporting the new, developing, AI ecosystem. He argues that nuclear power is essential for meeting increased energy demand while minimizing gas emissions, emphasizing its importance beyond just AI. Andrei closes off by sharing his cautious optimism about equity markets for the second half of the year, predicting that the US will not enter a recession this year, with these risks instead being pushed to 2025. He also answers questions regarding international equity exposure, the concept of deflation in markets, and future investments.

Recorded on July 2nd, 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.

For today’s podcast, we’re featuring Jessie Sarafian, host of Fidelity Canada’s “Invested in Wellness” podcast and live webcast series, who will take us through stretching exercises for our hands and wrists. There is a lot of strain on our hands and wrists these days – computers, phones, tablets, gaming, and more – and this discomfort can spread to the neck and throughout the body, so let’s take a few minutes to relax our muscles today with these simple exercises.

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.