FidelityConnects

Jurrien Timmer's global macro view – January 27, 2025

U.S. equity markets have retreated this week following a two-week hot streak. Big Tech is set to report their Q4 earnings, and the Federal Reserve will hold its first policy meeting of the year. What key trends should investors look for in Q4 results? And how might the Fed’s first policy meeting of the year set the tone for markets in 2025? Joining the show today to unpack the macro themes on his radar, and to set you up for the trading week ahead, is Fidelity Director of Global Macro, Jurrien Timmer.

Recorded on January 27, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

VISION 2025: Concentrated investing in U.S. equities – Steve DuFour

On Wednesday January 22, Fidelity Investments Canada hosted VISION 2025 Toronto, a full-day event connecting Fidelity’s portfolio managers and experts with thousands of advisors joining both in-person and virtually across the country. Portfolio manager Steve Dufour closed out the morning sessions, speaking with moderator Agnes Doherty. Steve’s session is today’s podcast. We’ll hear about Steve’s investment process for his fund, Fidelity U.S. Focused Stock Fund, as well as his thoughts on the current market environment, and outlook for 2025.

Advisors can watch full video replays of the event and qualify for CE Credits. Please visit fidelity.ca or reach out to your wholesaler for more information.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

VISION 2025: Thinking big with small caps – Connor Gordon

On Wednesday January 22, Fidelity Investments Canada hosted VISION 2025 Toronto, a full-day event connecting Fidelity’s portfolio managers and experts with thousands of advisors joining both in-person and virtually across the country. For today’s podcast we’re bringing you an audio replay of portfolio manager Connor Gordon’s session. Connor speaks with moderator Agnes Doherty about the benefits of investing in small caps right now, how Connor’s fund looks to uncover hidden gems, and what under-the-radar industries or themes within small-caps he’s seeing. For Canadian investors, Connor manages Fidelity Global Small Cap Opportunities Fund alongside portfolio manager Chris Maludzinski.

Advisors can watch full video replays of the event and qualify for CE Credits. Please visit fidelity.ca or reach out to your wholesaler for more information.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Political shake-up 2025: Trudeau resigns, Trump returns – Tim Hudak, Counsel Public Affairs, and James Moore, NAFTA Council Member

President Trump has been in office for just a week and has already announced several economic and political measures. It’s his 25% tariff threat on Canadian imports - which could be imposed as soon as February 1^st - that has Canadians on the edge of their seat. With Trudeau having stepped down as Prime Minister, and a federal government prorogued until March 24^th, how is Canada preparing to address the impending tariffs? And how might Canada’s and America’s shifting political landscape influence fiscal policies, and your investment strategies? Joining the show today to unpack all this and more, are Tim Hudak, Partner at Counsel Public Affairs - one of Canada’s leading public affairs agencies, and former Federal Minister and NAFTA Council Member, James Moore.

Recorded on January 23, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

VISION 2025: Quantifying tomorrow – Neil Constable

On Wednesday January 22, Fidelity Investments Canada hosted VISION 2025 Toronto, a full-day event connecting Fidelity’s portfolio managers and experts with thousands of advisors joining both in-person and virtually across the country. For today’s podcast we’re bringing you the second session of the day, featuring Neil Constable, Head of Quantitative Research and Investments. Neil speaks with moderator Glen Davidson about his career path, trends and quantitative research and how his large team operates, and introduces new Fidelity Canada products launching on January 28.

Advisors can watch full video replays of the event and qualify for CE Credits. Please visit fidelity.ca or reach out to your wholesaler for more information.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

VISION 2025: Global asset allocation outlook live from Toronto – David Wolf, David Tulk and Ilan Kolet

On Wednesday January 22, Fidelity Investments Canada hosted VISION 2025 Toronto, a full-day event connecting Fidelity’s portfolio managers and experts with thousands of advisors joining both in-person and virtually across the country. For today’s podcast we’re bringing you an audio replay of the first session of the day, featuring Fidelity’s Global Asset Allocation team – David Wolf, David Tulk, and Ilan Kolet. Ilan moderates the session.

Advisors can watch full video replays of the event and qualify for CE Credits. Please visit fidelity.ca or reach out to your wholesaler for more information.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

U.S. Growth Opportunities in 2025 – Becky Baker and Kyle Weaver

Earlier this week, on President Trump’s first day in office, U.S. equity markets advanced at the open. Investors will be watching Trump’s trade policy and other key pieces of his agenda, along with a few major earnings reports this week. So how are today's guests navigating the current market environment? Joining the show today to unpack where they’re finding growth opportunities in 2025 are Fidelity U.S. Growth Opportunities class Portfolio Managers Kyle Weaver and Rebecca Baker.

Recorded on January 21, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Jurrien Timmer's global macro view – January 20, 2025

President Donald Trump has been sworn in as the 47^th President. All eyes are on markets this week to see how they react to a new President, and his policies. Joining the show today to set you up for the exciting trading week ahead is Fidelity Director of Global Macro, Jurrien Timmer.

Recorded on January 20, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Alternative investing strategies in 2025 – Brendan Sims

Donald Trump’s return to office is creating a buzz in the alternatives marketplace. The theme of deregulation within alts could offer more opportunity for the retail investor to gain exposure to private assets. How might policy changes impact alternative investments? And who are the key players in the private equity and credit space? Joining the show today to discuss the opportunities among alternative investments and the range of products Fidelity offers in the marketplace is Alternative Investment Strategist, Brendan Sims.

Recorded on January 17, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

 

Portfolio construction ideas for 2025 – Paul Ma

U.S. stocks surged last week, driven by strong bank earnings and softer-than-expected core inflation data. The Dow Jones, S&P and the NASDAQ Composite all ended higher, posting their biggest daily gains in over two months. Might this momentum continue? And why does today's guest say he’s optimistic on Canada? Joining the show today to discuss where we are in the business cycle and what that means for portfolio construction ideas is Fidelity U.S. Vice President and Lead Portfolio Strategist, Paul Ma.

Recorded on January 16, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Markets, innovations and what to expect in 2025 – Andrew Clee

2025 has kicked off on a high note. Just last week, Fidelity Canada proudly announced that the Fidelity All-In-One Balanced ETF has crossed the $2 billion dollar mark in AUM. And thanks to you, FidelityConnects was ranked the number one podcast in the 2024 Environics’ Advisor Digital Experience Study for the fourth year in a row. This year, we’re committed to bringing you even more timely market insights and innovative products. How is Fidelity Canada actively contributing to the success of its advisors? And what new products are on the horizon for you to explore? Joining the show today for a look at how Fidelity is here to support you this year is Fidelity Vice President of Product, Andrew Clee.

Recorded on January 15, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

2025 market themes to watch – Joe Overdevest

North American equity markets opened in the green at the start of this week, with mining and tech stocks lifting the TSX composite. As investors assess the potential impact of President-elect Trump’s proposed trade policies, the spotlight is on natural resources. How is Fidelity navigating these trade uncertainties? And where is today's guest finding opportunities in today’s market environment? Joining the show today to unpack all this and more is Fidelity Global Natural Resources Portfolio Manager Joe Overdevest.

Recorded on January 14, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Jurrien Timmer's global macro view – January 13, 2025

Friday’s employment data confirms that the U.S. economy remains strong and the labor market remains tight. Today's guest says this allows less room, if any, for the Fed to cut rates. Market expectations now suggest the Fed may be done easing, signally a potentially more hawkish stance. How might rising yields and a stronger U.S. dollar shape financial conditions moving forward? And what does he expect to be an ongoing theme for 2025? Joining the show today to unpack the macro themes on his radar, and to set you up for the trading week ahead, is Fidelity Director of Global Macro, Jurrien Timmer.

Recorded on January 13, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Analyst perspectives: Insurance and real estate sectors – Connor MacGrath

The latest jobs report out of the U.S. this morning has dwindled the hopes of a rate cut by the Federal Reserve later this month. And with strong jobs data out of Canada, the big question is, might the Bank of Canada hold too? How is the rate story impacting insurance and real estate sectors? And where is today's guest finding investment opportunities in today’s market environment? Joining the show today to unpack the latest trends and opportunities in Canada’s insurance and real estate sectors is Equity Research Analyst, Connor MacGrath.

Recorded on January 10, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Denise Chisholm's sector and factor perspectives – January 9, 2025

The U.S. 10-year yield has hit an 8-month high and is un-inverted for the first time in two years. Today's guest says that while there isn’t a clear picture on what a steepened yield curve means for stocks and overall returns, it does hold information for sectors. Which sectors could be poised for gains amid a steeper curve? And could it ease your inflation concerns? Joining the show today to unpack all this and more is Fidelity Director of Quantitative Market Strategy, Denise Chisholm.

Recorded on January 9, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

January 2025 CIO market perspectives – Andrew Marchese

2025 has kicked off with an air of unpredictability as political uncertainty looms. News of Trudeau’s exit and a new tariff program from President-elect Trump have caused notable fluctuations in markets and currencies. Has the traditional market playbook changed? Joining the show today to discuss his latest markets thesis, including possible investment opportunities in 2025 from an institutional lens is Fidelity Chief Investment Officer and Portfolio Manager Andrew Marchese.

Recorded on January 8, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Prime Minister Trudeau resignation reaction and long/short investing strategies for 2025 – David Way and Tyler Meredith

Prime Minister Justin Trudeau announced his resignation as the leader of the Liberal Party. Government will be prorogued until March 24^th while a new Liberal party leader is chosen. The dollar popped on the news, and the TSX Composite opened higher earlier this week. So what are some of the policy and investment implications of Trudeau's decision? And what might this mean for options trading? Joining the show today to unpack all this and more is Fidelity Portfolio Manager, David Way, and former Liberal Finance Advisor and Political Strategist Tyler Meredith.

Recorded on January 7, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

Jurrien Timmer's global macro view – January 6, 2025

Prime Minister Justin Trudeau has announced his resignation. Trudeau declared his intention to stay on as prime minister until a new leader is chosen and has asked for the prorogation of Parliament until March 24. Wall Street and Bay Street opened higher on January 6, and investors will be watching December jobs data due Friday for signs of the U.S. economy’s strength. As we step into a new trading year, what were the key takeaways from 2024? And how can we apply those lessons to navigate the markets in 2025? Joining the show today to unpack the macro themes on his radar, and to set you up for the trading week ahead, is Fidelity Director of Global Macro, Jurrien Timmer.

Recorded on January 6, 2025.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

U.S. election results impact on global markets and the energy sector – Joe Overdevest and Denise Chisholm

The United States Presidential Inauguration looms on Monday January 20th. As we wrap up 2024 and look ahead to 2025, the second Trump term continues to drive headlines. Today we’re joined by Joe Overdevest, Portfolio Manager, and Denise Chisholm, Director of Quantitative Market Strategy, for observations surrounding the US election, and what may be on the horizon in 2025. Joe reflects on the energy sector, and we’ll begin with Denise looking at how a second Trump administration might affect global financial markets.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.

FidelityConnects: Best of 2024

On today’s podcast we’re wrapping up 2024 with our “Best of FidelityConnects” episode. Host Pamela Ritchie takes us through highlights from this year’s shows, featuring Fidelity’s portfolio managers and subject-matter experts, as well as special guests.

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 a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics’ Advisor Digital Experience Study.