Portfolio manager Darren Lekkerkerker joins the show today. For Canadian investors, Darren manages Fidelity North American Equity Class, is co-manager of Global Natural Resources Fund and manages the equity sub-portfolio of Canadian Balanced Fund, among other mandates. Today Darren joins host Pamela Ritchie for a look at North American equities, including where he is seeing opportunities and which sectors he is bullish on for the months ahead. The Bank of Canada raised its benchmark rate to 3.25%, which means Canadian monetary policy is now in the restrictive territory – meaning the range in which the interest rate will begin to suppress economic activity. Darren mentions how September is conference season and he’s been busy with conferences and CEO meetings. Among other topics, Darren reflects on commodities including copper and fertilizer, also currencies, railroads, what he’s learned from managing during past periods of market volatility, and more.

Recorded on September 7, 2022.

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Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-lekkerkerker-sept7.pdf