Episodes
Thursday Jan 12, 2023
Why you should consider a long/short strategy – Brett Dley
Thursday Jan 12, 2023
Thursday Jan 12, 2023
Portfolio manager Brett Dley joins host Rory Poole to discuss Fidelity Market Neutral Alternative Fund. Brett talks about the diversification benefits that alternative investing brings to the table and why one should consider a long-short strategy. Brett explains the way he invests in this fund is by relative value investing. He doesn’t focus on the direction of the underlying market or asset class, rather he focuses on identifying situations where there are discrepancies between valuations and fundamentals. The aim is to have returns come strictly from stock vs. stock as they don’t have any market or style biases. Furthermore, he focuses on fundamentals and asks “has anything changed? Is my thesis incorrect? If nothing has changed, Brett maintains his conviction. In addition to his investment strategy, Brett discusses his thoughts on long and short positioning in 2023 and underlying themes and trends in health, tech and consumer discretionary.
Recorded on January 6, 2023.
Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-dley-jan6.pdf
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.