It’s been a choppy start to 2023 for U.S. equity markets, as signs of cooling inflation and slower growth has left investors wondering what’s next. With recession fears still looming, investors may want to consider a defensive, options-based equity strategy that could hedge against potential market declines. And now investors have the opportunity to do just that, with the all-new Fidelity SmartHedge™ U.S. Equity Fund. Joining FidelityConnects today to introduce Fidelity SmartHedge™ U.S. Equity Fund are Portfolio Manager and Derivatives Analyst Eric Granat, and Investment Product Vice President Tim Callahan. Eric and Tim join host Pamela Ritchie to explain how this fund may complement an investor's existing investment portfolio and address why might financial advisors want to consider this strategy now. Fidelity SmartHedge™ U.S. Equity Fund aims to achieve long-term capital growth, investing primarily in equity securities of some of America’s largest companies. The Fund uses an options-based derivatives strategy to hedge market exposure to help mitigate downside risk while providing upside participation. Eric manages the fund, alongside Zach Dewhirst, and Mitch Livstone, and also leverages Fidelity’s global research network and investment expertise.

Recorded on January 24, 2023.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-granat-callahan-jan24-23.pdf

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