Portfolio manager Steve MacMillan shares that he is currently focusing on business that are gaining market share, and have secular growth to them. He’s not necessarily looking for businesses that need a strong economy to grow, but rather ones that can do well regardless of what the economy is doing. Steve manages Fidelity Small Cap America Fund and American Equity Fund. Steve also co-manages Fidelity CanAm Opportunities Class with Mark Schmehl. Steve believes that U.S. equities offer a complement to Canadians. Also that the technology and consumer sectors are larger in the U.S. than in Canada, while the energy and financials sectors are smaller parts on the U.S. market compared to Canada.

Recorded on September 15, 2021.