Fidelity Investments Canada ULC announces risk rating changes
Canada NewsWire
TORONTO, April 22, 2024
TORONTO, April 22, 2024 /CNW/ - Fidelity Investments Canada ULC (Fidelity) today announced risk rating changes to the following funds, effective May 6, 2024. The funds' investment objectives and strategies remain unchanged. The changes are consistent with regulatory requirements and the Canadian Securities Administrators' (CSA) risk classification methodology.
Fund | Current Risk | New Risk |
Fidelity U.S. Focused Stock Currency Neutral Class | Medium | Medium to High |
Fidelity Founders Currency Neutral ClassTM | Medium | Medium to High |
Investors are encouraged to speak with their financial advisors about these changes and to review their options, if necessary. For account information, Fidelity's client services team can be reached between 8 a.m. and 8 p.m. EDT at 1-800-263-4077 (toll-free).
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.
As a privately-owned company, our people and world class resources are committed to doing what is right for investors and their long-term success. Our clients have entrusted us with $236 billion in assets under management (as at April 16, 2024) and they include individuals, financial advisors, pension plans, endowments, foundations and more.
We are proud to provide investors a full range of investment solutions through mutual funds and exchange-traded funds, including domestic, international and global equity, income-oriented strategies, asset allocation solutions, managed portfolios, sustainable investing, alternative mutual funds and our high net worth program. Fidelity Funds are available through a number of advice-based distribution channels including financial planners, investment dealers, banks, and insurance companies.
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the mutual fund's or ETF's prospectus, which contains detailed investment information, before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently, and investors may experience a gain or a loss. Past performance may not be repeated.
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SOURCE Fidelity Investments Canada ULC
