FidelityConnects

The fallout from Silicon Valley Bank continues to send shockwaves through the markets. The U.S. banking sector has been hit the hardest, and as we continue to assess and digest the news, we ask what lessons can be learned from the collapse of SVB. Joining us today is Fidelity Director of Quantitative Market Strategy, Denise Chisholm. With host Pamela Ritchie, Denise looks at if the SVB situation means potential opportunities for active managers. And, how this could impact central banks and their path to fight inflation, or lead to more regulatory efforts to ensure financial stability. Denise looks at how the collapse could affect other sectors and explains the differences from the 2008 financial crisis. Denise unpacks this and more including focusing on global macro variables, and the key sectors and factors to keep an eye on currently, all from her quant perspective.

Recorded on March 14, 2023.

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.

The fall of Silicon Valley Bank has shocked investors and the markets. SVB is the second largest bank failure since 2008, and it was quickly overtaken by U.S. and Canadian regulators. What effect will the collapse of Silicon Valley Bank have on the financial sector? And in light of this situation, is a Fed rate hike off the table? Joining us today to discuss the broader impact SVB may pose to markets, and some of the other key market drivers this week is Jurrien Timmer, Director of Global Macro. With host Pamela Ritchie today, Jurrien also looks at the upcoming CPI report, the recent action in the bond market, and if the SVB situation could affect Canadian banks, among other topics.

Recorded on March 13, 2023.

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.

Canada’s economy added twice as many jobs in February - 21,800 to be exact. This is versus the estimated 10,000. The U.S. economy added more than 300,000 jobs in February vs. the estimated 225,000. This jobs data comes after the Bank of Canada hit its first-rate pause in a year, and follows Fed Chair Jerome Powell’s hawkish comments last week on capitol hill. Amid this key economic data, what could this signal for the Fed in two weeks’ time? And is this moment a key driver for considering a factor investing strategy? Joining host Bryan Borzykowski today to discuss all this and more is the Head of Quantitative Index Solutions, Bobby Barnes. Also today, Bobby outlines which factors he’s looking to watch in the late cycle, including High Quality, Low Vol and Momentum, and how dividends fit. They also discuss the developing story surrounding Silicon Valley Bank.

Recorded on March 10, 2023.

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.

Today on the program, we welcome portfolio manager Sri Tella. Sri is based out of Fidelity’s fixed income headquarters in Merrimack, New Hampshire, and for Canadian investors is involved with 12 Fidelity funds, including Fidelity Canadian Bond Fund, Corporate Bond Fund, and the fixed income subportfolio of Fidelity Inflation-Focused Fund. Sri comments on the Bank of Canada’s latest interest rate announcement calling it marginally hawkish. The BoC seemed to emphasize that rates could go higher depending on inflation. Sri says the Bank of Canada clearly remains data-dependent and it will most likely stay like that. With the announcement, there was marginal outperformance in the Canadian fixed-income rates versus the US. The overall bond market outlook shows a risk in the near term that rates continue to drift up, but Sri says fixed income will generally be attractive in this environment.

Recorded on March 9, 2023.

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.

Today on the program, portfolio manager Ramona Persaud joins us, as she discusses how she’s positioning herself in today’s sensitive market environment and where she is finding opportunities, specifically alpha in US equities. Ramona manages Fidelity U.S. Dividend Fund, which includes Private Pool and Registered versions, and also sub-manages several income mandates. Ramona speaks about valuations from a global perspective. She says one thing that’s stayed true is inside developed markets. The US has done extremely well so US valuations are much richer. Ramona talks about areas of potential for alpha in discretionary. She says discretionary is a middle ground zero and has been in this very inflationary time. For her, they are really interesting valuations and valuation dispersion inside of discretionary. In terms of where she is seeing discretionary opportunities, she points to the US and the UK. But she notes that when you can buy the business at a compelling valuation, a lot of those risks are already priced in. So you’re not trying to buy the stock for six months, you’re buying it for two, three plus years.

Recorded on March 7, 2023.

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.

The U.S. Fed and jobs data is in focus this week. We’re joined today by Jurrien Timmer, Director of Global Macro, who reflects on this new data and the biggest market movers he’s seeing right now. With host Pamela Ritchie, Jurrien unpacks how good news is now bad news on the economy. Good news means the Fed must go further in raising rates, being more likely to overtighten, and we likely get a recession. Among other topics today, Jurrien also looks at market leadership shifting, U.S. mortgages, consumer debt levels, what’s next for fixed-income, and how the overall economy has proven very resilient. Per usual, Jurrien will be sharing charts, so please head to @TimmerFidelity on Twitter to follow along.

Recorded on March 6, 2023.

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.

In this episode of the Fidelity ETF Exchange - powered by FidelityConnects, host Étienne Joncas Bouchard welcomes Fidelity Global Asset Allocation Portfolio Manager David Tulk to the show. David and the Global Asset Allocation Team manage approximately $80B in assets for Canadian Investors across more than 20 funds. This episode focuses on investing through the eyes of an asset allocator. The panel recaps a challenging 2022 as well as discusses some of the main risks and opportunities for 2023. Given the ETF focused nature of the show, David also shares the way his team incorporates ETFs into their funds as well as their approach to managing Fidelity’s Monthly High Income ETFs.

Recorded on March 2, 2023.

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.

Today we are celebrating International Women’s Day - an annual global celebration focusing on women's successes, rights and advocacy. And in recognition of this special day, we are sharing two incredible and inspiring stories from Fidelity.

Today, host Emily Anonuevo sits down with two outstanding Fidelity employees, Claire Fleming an equity research analyst and Reetu Kumra, a 15-year veteran in the financial industry, director of research, and portfolio manager. Claire and Reetu share their career journeys and what it is like to work within the financial industry. They discuss the obstacles they face as a woman in finance and the career advice they would give their younger selves. They also share what it is like working at Fidelity and what makes a career here at Fidelity unique.

For more, please check out the podcast we released earlier today featuring Michelle Munro and Kathryn Black looking at research and trends regarding women and their finances, addressing the gaps in women and wealth.

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.

Today on the show, Michelle Munro, Director of Tax and Retirement Research, speaks about how Fidelity Investments Canada champions women issues and highlights research and trends regarding women and their finances. This is all in celebration of International Women’s Day recognized worldwide every March. Michelle is responsible for evaluating and communicating the latest tax and retirement research to financial advisors and investors. Her expertise focuese on estate planning, women and investing and of course retirement. But she also educates advisors on how to connect with female investors and how to strengthen those relationships. Michelle notes changing trends in education, work and earnings. She says changes in women in the workforce also go beyond gender diversity and extends into ethnic diversity, too.

Recorded on March 2, 2023.

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.

March 2023 marks one year since the Bank of Canada raised its key benchmark interest rate for the first time since 2018. The U.S. Federal Reserve followed suit shortly after. Now, one year later, juxtaposing messages from the BOC and the Fed have investors closely monitoring what a potential pause, and raise, could do to the markets. Portfolio manager Joe Overdevest joins host Bryan Borzykowski today to share his outlook on Canadian and global markets, and the sectors he is most excited about. So, are rising rates still the biggest overhang on the markets? How might lower inflation expectations play out in 2023? And are there any new trends that could shape investment opportunities? Bryan and Joe unpack all of this and more today.

Recorded on March 1, 2023.

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.