Joining us today to discuss how he sees the technology sector panning out in 2023 is HyunHo Sohn, Portfolio Manager of Fidelity Technology Innovators Fund. In December 2022, HyunHo was named Mutual Fund Manager of the Year by Investment Executive magazine. It was a turbulent year for the tech sector in 2022. Soaring inflation, higher interest rates, and fears of a recession daunted consumers and investors, leading to mass layoffs within large-cap companies, and a market downturn that saw the Nasdaq 100 finish 32% lower on the year. Should investors be more optimistic about a tech bounce back in 2023, and what are some of the macro stories that could help or hinder tech this year? HyunHo answers these questions and more today with host Pamela Ritchie. HyunHo also comments on tech valuations, noting valuations are attractive right now, and his decisions are driven by focusing on company fundamentals with a long-term view. Also, how much are these valuations and fundamentals being controlled by macro variables. A few other topics touched on today include cybersecurity, mergers and acquisitions, and e-commerce trends.

Recorded on January 12, 2023.

Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-sohn-jan12-23.pdf

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