FidelityConnects

Today on the show, long-time institutional portfolio manager Mike Hickey discusses the current market environment, possible Fed rate cuts, and what investment opportunities he’s keeping an eye on at the moment. Mike emphasizes the influence and importance of AI or artificial intelligence. He believes major tech companies will invest in AI infrastructure that will hit the $200 billion mark next year. Mike says our current economic conditions are looking favorable - inflation is decreasing, job numbers are steady, signaling a strong market similar to that of the late nineties. He says the outlook is bullish with substantial growth in sectors supporting AI. Mike says the team continues to stay disciplined focusing on companies with robust earnings, revenue, and market advantages particularly in tech. They are focusing on energy and industrial sectors as well.

Recorded on May 15, 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 the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

As liquid alternatives rise as a popular investing strategy, we check in with Fidelity’s Director of Alternatives, Rory Poole. Rory discusses the latest market trends affecting liquid alternatives and how they may fit in a client’s portfolio. Rory defines an alternative as any investment where the value is not solely driven by the stock or bond market going up. He says alternatives can involve many different types of strategies and assets and many investors don’t even realize that they own alternatives investments in their portfolio. Rory points out that liquid alternatives have evolved a lot in the eyes of the investor over the last 5 to 10 years. Rory talks about the five main alternatives classes including private equity, private debt and credit. He also deep dives into the various alternative funds Fidelity offers including the Canadian Long/Short alternative fund that was launched earlier this year.

Recorded on May 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 the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

Canada and the U.S. share many commonalities. Cultural influences, social values, and democratic political systems, to name a few. But the gap between the two countries has widened when it comes to the health of the consumer. Thomas Goldthorpe, portfolio manager, and Brendan Cochrane, equity research analyst, are today’s guests, joining host Pamela Ritchie. They’ll unpack the health of the consumer in both countries, including why U.S. is showing signs of recovery while Canada’s trade down continues to grow. Also, what implications does this have for Canadian investors? And where could they look for winning investment opportunities in this environment? We’ll hear how Thomas and Brendan believe that while the current situation is not ideal for Canadian consumers, few companies are completely exposed to them. And that in any sector, there are lots of companies that have different exposures and benefit from different types of economies, which presents an opportunity to create differentiated returns within a portfolio. They say there are lots of opportunities in the Canadian consumer space, and they just have to focus on the long-run potential instead of current positions.

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 third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

Today on the show, we highlight the 2024 Fidelity Retirement Report and its findings on how Canadians are viewing and preparing for retirement. Host Glen Davidson sits down with Peter Bowen, VP of Tax and Retirement Research and Michelle Munro Director of Tax and Retirement Research, as they break down the perspectives, challenges, and trends of pre-retirees and retirees. Peter notes the survey noted many pre-retirees are delaying retirement - delaying beyond 65 or in some cases not even considering retiring at all. In addition, Michelle points out women view retirement more negatively than men. Peter breaks down the impact of the recent capital gains inclusion rate changes saying it will affect those with second properties like vacation homes, but also those with incorporated businesses. Peter says be sure to connect with your financial planner to figure out the best course of action before the changes come into effect in June of this year. They also stress the importance of having a written financial plan that addresses each of your financial goals -  88 percent of Canadians surveyed say they feel financially prepared for retirement with a written plan compared to 56 percent without one who do not feel prepared. 

Recorded on May 24, 2024

Today’s podcast is brought to you by the 2024 Fidelity Retirement Report. Head to go.fidelity.ca/retirement to receive the report and insights on how you can better prepare for your retirement, whatever that may look like.

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 third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

Today we welcome special guest Laura Tamblyn-Watts, CEO of CanAge and Author of “Let’s Talk about Aging Parents: A Real-Life Guide to Solving Problems with 27 Essential Conversations” . Laura tackles the topic of an aging population, how it could impact the financial advisor community and discusses other aging and generational trends and issues. Twenty years from now, about 1 in 4 Canadians will be 65 years or older. Canadians are living longer, and the sandwich generation is very prevalent these days where people are taking care of their parents, grandparents while also caring for their own kids. Laura notes the importance of having those crucial conversations with your aging loved ones about their finances, living situations and any medical issues. Financial advisors can help their aging clientele by preparing the family with any “what if” scenarios, possibly financial scams, establishing executors and helping prevent family arguments before they begin.

Recorded on May 14, 2024.

Today’s podcast is brought to you by the 2024 Fidelity Retirement Report. Head to go.fidelity.ca/retirement to receive the report and insights on how you can better prepare for your retirement, whatever that may look like.

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 third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

As US equity markets slide, we check in with Denise Chisholm, Director of Quantitative Market Strategy, to get her thoughts on international equities and other opportunities. With Europe most likely looking to cut rates earlier than the US, does this make a strong case for international equities? Denise says not necessarily. Even though European and international assets are cheaper than North America, Denise stresses the importance of growth. International equities have always been cheaper, but lack growth. She adds investing outside of the US has worse growth compared to the US in every cycle historically. Denise talks about the mining and metals sector and says it’s negatively skewed right now. She’s underweight mining and metals as well as healthcare. She says healthcare companies are no longer considered growth, but rather ex-growth and looking like a value trap. She adds defensive sectors are all looking like value traps at the moment.

Recorded on May 9, 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 the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

Today on the show, we are joined by special guest Danielle LeClair. Danielle is the Director of Manager Research at Morningstar Canada. Morningstar has been providing ratings to help investors find top-performing ETFs and Mutual Funds since 1985. Danielle deep dives into Morningstar’s methods and processes when it comes to determining star and medalist ratings. She also explains the importance of having a Canadian research team on the ground. Danielle explains how Canada is a different market with different nuances. She says the team can adapt global methodologies to suit Canadian market’s nuances, such as regulatory differences and currency considerations. Danielle also explains how Morningstar determines qualitative ratings. She says it’s based on three pillars – people, process and parent.  Price is also factored into the rating and is evaluated relative to similar funds, as well as passive index funds because they are a competitor to active management. With medalist ratings, Danielle says the team analyze both quantitative and qualitative aspects of a fund and compares relative to peers.

Recorded on May 7, 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 the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

On April 18 and 19 Fidelity Investments Canada hosted FOCUS 2024, a two-day event for advisors, featuring insights from Fidelity’s portfolio managers and subject matter experts. Today we’ll hear portfolio manager Salim Hart’s FOCUS session, sitting down for a discussion on-stage with host Glen Davidson. Salim is known to Canadian investors as co-portfolio manager on Fidelity Global Intrinsic Value, working alongside Sam Chamovitz and Morgen Peck. And today, in addition to speaking with Glen about the team’s approach to Global Intrinsic Value, he’ll also share the strategy behind a new fund – Fidelity Global Micro-Cap Fund, launched on May 22. Because of how often micro-cap companies may be overlooked, the the micro-cap universe represents one of the least efficient asset classes available to investors. At Fidelity there is no rock too small, and today’s micro-caps could become the large caps of the future, so there’s significant upside potential to getting in on the ground floor.

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 third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 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 the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.

This month marks the 10-year anniversary of Fidelity Tactical High Income Fund, which is regarded as a one-stop solution for your investment needs, its multi-asset construction is instrumental in navigating today’s market landscape. So, what is the strategy behind the fund? And how is the fund performing 10 years in? Institutional Portfolio Manager Scott Mensi works alongside portfolio manager Adam Kramer, and is today’s guest. Scott joins host Glen Davidson, and will dive into what’s driving performance, where the team is finding new investment opportunities in today’s markets, how new asset classes may be influencing the team’s investing strategy?

Recorded on May 8, 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.