FidelityConnects

Today we’re bringing you a conversation from Fidelity Canada’s Vision 2024 event in Toronto. Vision offers insights from our portfolio managers and investment experts and provides their comments on the current market environment, Fidelity’s investment process and our global research network operation. The following conversation is with legendary and long-time Fidelity Portfolio Manager Will Danoff. Will highlights his investment strategy and how it has changed throughout his tenure. He also highlights sectors and industries he’s looking at and how technological innovation shapes his investment decisions.

Recorded on January 31, 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 2022 Environics’ Advisor Digital Experience Study.

Today we’re pleased to welcome a special guest, renowned economist Don Drummond. Don has held several senior roles at the Federal Department of Finance, including Associate Deputy Minister, where he was responsible for economic analysis, and fiscal and tax policies. Today, Don comments on the latest Bank of Canada announcement, possible rate cuts, the housing market and rental pressure. Don says the Bank believes in a model where creating slack in the economy will, over time, reduce inflation. The BoC also expressed confidence in its strategy, indicating that the first step of creating slack in the economy has been accomplished. But Don points out the market tends to anticipate economic changes, positioning itself in advance. He says the clock for these changes has just started, whereas people initiated this countdown a year or two earlier.

Recorded on January 25, 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 2022 Environics’ Advisor Digital Experience Study.

Today we’re bringing you a conversation from Fidelity Canada’s Vision 2024 event in Toronto. Vision offers insights from our portfolio managers and investment experts and provides their comments on the current market environment, Fidelity’s investment process and our global research network operation. The following presentation is with Fidelity Director of Global Macro Jurrien Timmer. Jurrien discusses market trends, economic growth, global interest rates, and much more.

Recorded on January 31, 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 2022 Environics’ Advisor Digital Experience Study.

Today we’re bringing you a special presentation from Fidelity Canada’s Vision 2024 event in Toronto. Vision offers insights from our portfolio managers and investment experts and provides their comments on the current market environment, Fidelity’s investment process and our global research network operation. The following conversation is with Fidelity Canada’s CIO and portfolio manager Andrew Marchese. He discusses the current state of the market, provides his insights for 2024, and introduces the new Canadian Long/Short Alternative Fund.

Recorded on January 31, 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 2022 Environics’ Advisor Digital Experience Study.

Today we’re bringing you a conversation from Fidelity Canada’s Vision 2024 event in Toronto. Vision offers insights from our portfolio managers and investment experts and provides their comments on the current market environment, Fidelity’s investment process and our global research network operation. The following conversation is with Fidelity portfolio managers Mark Schmehl, Dan Dupont, and Hugo Lavallée. They discuss the Global Equity Plus Fund and where they are seeing opportunities in 2024.

Recorded on January 31, 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 2022 Environics’ Advisor Digital Experience Study.

Today on the show, we welcome Portfolio Manager Joe Overdevest to the program as he discusses commodities, unemployment, the new inflation reduction act and much more. Joe talks about commodities and says there is a positive outlook for both natural gas and copper. For natural gas, there is a surplus of supply because of the mild winter, but overall a positive outlook for 2024. And for copper there are positive sentiments there, but will be driven by a bullish perspective and dependent on conversations with major CEOs within the industry. Joe touches on many other topics and trends like the continuing conversation around interest rates, concerns with mortgages in Canada, and the importance of investing and compounding during these times. Joe says investors need to be careful and resist being swayed by current headlines and avoid abandoning long-term strategies due to short-term uncertainties.

Recorded on January 24, 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 2022 Environics’ Advisor Digital Experience Study.

Today on the show, we welcome Fidelity Research Analysts Brendan Cochrane and Nic Bellemare. They dive into the banking sector, the current state of consumers and this year’s investment opportunities they are finding in these sectors. The current environment in the banking sector has displayed high rates and low loan growth, as credit delinquency rates slowly rise. Brendan and Nic discuss how the direction of credit is a crucial factor for influencing bank stocks throughout the rest of the year. Bank stocks started by reacting positively to the Bank of Canada rate cuts, alleviating credit concerns and reducing negative tail risks. However, rate cuts can also hinder the progression of revenue for banks, commonly through Net Interest Margin compression. Brendan and Nic take a look at various consumer statistics including spending behaviour, confidence and portfolio positioning. Consumers of all levels of income face specific economic challenges, and there have been observations of resistance to further price increases. The current consumer confidence appears to be strong meaning immediate government support may not be needed, but it is possible for things to get tougher before getting easier. Advisors are being urged to reassess the portfolio positioning, which will require acknowledging the potential economic scenarios.

Recorded on January 19, 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 2022 Environics’ Advisor Digital Experience Study.

Today on the show, we welcome Patrice Quirion, Portfolio Manager of the Fidelity Global Concentrated Equity Fund. He opens up about where he is finding global investing opportunities so far in the new year. Patrice explains how this year’s market expectations are considerably higher than last year’s, with the risk perception dropping due to the greater certainty of upcoming interest rates. Many opportunities lie within undervalued areas, some dispersion within the market is observed once again, and while there may be a clearer direction forming for it, the journey to that point may not be entirely smooth. Rate cuts are also currently expected by year-end, although their full extent and timing are still uncertain and expectations should remain reasonable. Patrice discusses how numerous Asian markets, particularly China, are showing signs of eventual improvement in corporate governance. There are opportunities to search for undervalued assets, and the market’s disappointment with the lack of aggressive stimulus measures is factored into valuations. There are challenges surrounding the real estate sector and weak consumer confidence in the Chinese economy, but market stabilization and increased confidence and spending capacity create potential for a rebound.

Recorded on January 18, 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 2022 Environics’ Advisor Digital Experience Study.

Today on the program, we welcome Fidelity’s Global Macro Director Jurrien Timmer as we get his perspectives on market trends, economic growth, global interest rates and more. The S&P 500 cap-weighted index reached a new all-time high, however, not for the equal weighted and for the small caps.  Jurrien believes higher than expected earnings, and a tight labour market are major contributors to this recent rise.  At the same time, Jurrien believes the market is overestimating the number of rate cuts the Fed will likely implement. He discusses the impact of Fed rate cuts being uncertain on Canadian homeowners and corporations.  Overall, Jurrien expects a bullish broadening theme in the market this year. He adds there is a possibility of having a short bull market but, typically, the market tends to go up 70 to 80% on average in a short bull market. But he also says, it’s still too early to tell as he describes the market as a young bull market that potentially has more runaway left.

Recorded on February 5, 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 2022 Environics’ Advisor Digital Experience Study.

On the program today, Director of Emerging Technologies John Bradley discusses the latest advancements in artificial intelligence and how Fidelity is leveraging the newest technologies to benefit advisors and their clients. John goes over the various benefits of AI tools and how we can use them at Fidelity. AI allows for image and voice recognition, quicker and easier research and automated processes for implementing data and making it easy to understand. A number of companies such as Adobe and Microsoft are providing AI tools, and as long as we can recognize the tools that are being received positively and why, we can work to apply them advantageously. John discusses AI’s abilities to create faster content delivery, mitigate risks, assist in healthcare, education, entertainment and more. In many of these cases AI can be used to speed up various processes, provide a higher level of quality review, and generally assist in tasks that could be more easily performed by a program and its tools. John adds how incredibly important it is for us to stay up to date on AI trends and news to properly understand the technology so we can apply it and ensure future success.

Recorded on January 17, 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 2022 Environics’ Advisor Digital Experience Study.