Andrei Bruno, Director ETF Capital Markets at Fidelity Canada, joins the program to discuss recent economic data, the risk of a recession, and how he’s positioning his portfolio in the current market landscape. Andrei explains personally for him with all this market uncertainty, it’s time to remain defensive. The risk is greater to the downside, so it's important to protect the downside. Andrei was also part of the fixed income group, so for him he worries about risk more than his counterparts. Regarding bonds, yields are still attractive, as we’ve had a positive year for fixed income so far. Andrei says what people need to remember, there’s still room to run on bonds in a drawdown scenario.

Recorded on April 21, 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.