FidelityConnects

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.

International equities at the forefront – Jed Weiss

Today we’re joined by Jed Weiss, Portfolio Manager, to discuss the potential of international equities, explore the impact of AI on global businesses, and investment opportunities in emerging markets. Jed manages Fidelity International Growth Fund, and today with host Pamela Ritchie, he dives into global growth prospects, focusing on valuation-driven investing and the long-term potential of undervalued global franchises in Europe and Japan. He also highlights how AI is driving cost efficiencies and innovation, noting its global footprint across industries and supply chains. Finally, he sheds light on key regions such as the UK, India, and China, addressing both the challenges and opportunities presented by geopolitical and macroeconomic trends.

Recorded on December 18, 2024.

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.

Timmer Time: Questions facing markets in 2025

On today’s podcast we’ll hear from Jurrien Timmer, Fidelity’s Director of Global Macro, in our quick hit series “Timmer Time” Today Jurrien outlines the most important questions facing markets in 2025, and let's you know what investors should focus on. For more from Jurrien, head to the Insights section of fidelity.ca to read a recap of his December market insights on the resilient bull market, potential policy shifts from the incoming administration, and the evolving cryptocurrency landscape.

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.

Fidelity Technology Innovators Fund in 2025 and beyond – Radhika Surie

Today's guest is Radhika Surie, investment director of the Fidelity Technology Innovators Fund. The fund is positioned to capitalize on the rise of generative AI and other emerging technology themes. Radhika and host Pamela Ritchie speak about some of the fund's key investment themes, such as semiconductors and AI hardware, cloud computing and data infrastructure, IT services leveraging AI expertise, and opportunities in the Chinese tech landscape. The outlook for the tech sector remains positive, with the potential for broader market leadership beyond the Magnificent Seven in the coming years.

 

Recorded on December 18, 2024.

 

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 emerging technology trends – John Bradley

Today's conversation is all about the advancements in Artificial Intelligence and how it is transforming various industries, including the financial landscape, as host Pamela Ritchie sits down with Fidelity Director of Emerging Technologies John Bradley, who provides an update on the capabilities and likely future uses of AI. John also speaks about the regulatory landscape around AI, how members of the finance industry can stay informed on the latest AI developments, as well as the potential risks of AI and how companies and individuals can protect themselves.

 

Recorded on December 11, 2024.

 

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

Federal Fall Economic Statement special: Canada responds to Trump, tariffs and affordability - Kory Teneycke, David Hearle and David Wolf

Today’s episode focuses on Canada’s fall economic statement that was released in December. Portfolio Manager David Wolf, CEO of Rubicon Strategy, Kory Teneycke, and Rubicon Strategy partner, David Herle, break down Canada’s fall economic statement for advisors and discuss its far-reaching implications. They touch on the political fallout from Chrystia Freeland’s resignation, what it means for Canada’s future leadership, and ultimately what it all means for Canada’s economic future going forward. 

Recorded on December 17, 2024.

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

Exploring fixed income markets and December 2024 Bank of Canada reaction – Sri Tella

Today Portfolio Manager Sri Tella joins us and discusses the Bank of Canada’s recent decision to cut rates by 50 basis points. Sri says the focus shouldn’t be on how much they cut, but rather where they are headed going into 2025. Sri also shares his bond market perspectives and says diversified bond funds are closer to 4 percent and risk reward is positive. 

This podcast was recorded on December 13^th 2024.

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

Contrarian investing 2024 in review – Hugo Lavallée

Today Portfolio Manager Hugo Lavallée joins us to discuss current market volatility, navigating contrarian investing, and Canada’s evolving landscape. Hugo reflects on how global shifts, including geopolitical tensions and energy policies, are shaping opportunities for Canadian companies. He also provides strategies for investors aiming to stay ahead, with an emphasis on adapting to changing market dynamics. 

Recorded on December 10, 2024.

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 – December 16, 2024

Fidelity Director of Global Macro Jurrien Timmer is back on the show today to discuss the current market environment and his outlook for 2025. He addresses the strong year-end rally in the markets and the continued momentum in the “Magnificent Seven” stocks. He also discusses his expectations for earnings growth, interest rates, inflation, and treasury yields. Jurrien outlines how investors could navigate the new market environment by looking beyond the traditional 60/40 model and incorporating alternatives, gold, and cash.

This podcast was recorded on December 16^th, 2024.   

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

ETF strategies: Wrapping up 2024 – Étienne Joncas-Bouchard

Today, host Pamela Ritchie is joined by Director of ETF Strategy, Étienne Joncas-Bouchard to discuss record-breaking ETF inflows, shifting trends in asset allocation, and innovation in the Canadian ETF space. Étienne highlights the evolving role of thematic ETFs, spotlighting their appeal in targeting emerging sectors like clean energy and technology. Additionally, he shares insights on how investors are leveraging ETFs for diversification and cost efficiency in a volatile market.  With a keen focus on market trends and strategic ETF solutions, Étienne offers a comprehensive look at how investors can adapt to today’s dynamic landscape.

Recorded on December 6 2024.

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

FOCUS 2024: Investing with a high-quality framework – Darren Lekkerkerker

On November 21 and 22, Fidelity Investments Canada hosted FOCUS 2024 in Scottsdale, connecting our portfolio managers and experts with advisors. Today’s podcast features portfolio manager Darren Lekkerkerker’s session from the event, speaking with moderator Glen Davidson. Darren first joined Fidelity in 2004 as a research analyst, and has now just celebrated his 15-year anniversary as a portfolio manager, managing the equity sleeve of Fidelity Canadian Balanced Fund. Darren also manages Fidelity Global Natural Resources Fund alongside Joe Overdevest, and his Fidelity North American Equity Class. This fund typically has a 70% U.S. and 30% Canada split, and today we’ll hear if Darren is positioned close to that mix, or if he finding more opportunities within one of the countries, among other topics.

 

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.

FOCUS 2024: Providing a quality investor journey – Ramona Persaud

On November 21 and 22, Fidelity Investments Canada hosted FOCUS 2024 in Scottsdale, connecting our portfolio managers and experts with advisors. On today’s podcast we’ll hear portfolio manager Ramona Persaud’s FOCUS session, sitting down with moderator Agnes Doherty, VP Regional Sales. Ramona manages several flagship dividend strategies at Fidelity. She started out as an analyst at Morgan Stanley in 1996, and joined Fidelity in 2003. Ramona Persaud has close to three decades worth of financial industry knowledge to guide her, with her background in engineering giving her an edge in her stock-selection process. In a recent article from Barrons, they state "She picks apart businesses and examines trading data until she finds exactly what she wants. …[and]... She rarely settles for less." Today we’ll hear Ramona’s views on the market, her process and the key factors to keep an eye on going forward, as well as the positioning of her portfolios.

 

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 – December 9, 2024

Fidelity Director of Global Macro Jurrien Timmer is back on the show today to provide his analysis of this week's markets. Much of today's focus is on Bitcoin. Jurrien explains why Bitcoin's demand has been increasing lately, and how this is driving its price. He speaks about Bitcoin's role as a monetary asset and a hedge against inflation, along with gold. Jurrien also analyzes the performance of the Magnificent Seven, and provides his outlook on the Federal Reserve's monetary policy.

Recorded on December 9th, 2024.

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.

Exploring fixed income – Beau Coash

Today, we are joined by institutional portfolio manager Beau Coash to discuss fixed income markets. With host Pamela Ritchie, Beau shares an outlook for treasuries, high yield and leveraged loan markets, and global investment opportunities. Beau explores the current environment for convertible bonds, particularly how they offer exposure to the evolving crypto space. Additionally, he touches on challenges faced by the mortgage sector, with a focus on agency mortgages that capitalize on underweighted market trends. With a focus on navigating risk and uncovering value, this podcast offers a comprehensive view of today's bond market. 

Recorded on December 5th, 2024.

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.

FOCUS 2024: Global asset allocation portfolio manager panel – David Wolf, David Tulk and Ilan Kolet

On November 21 and 22, Fidelity Investments Canada hosted FOCUS 2024 in Scottsdale, connecting our portfolio managers and experts with advisors. The Global Asset Allocation team kicked off the event, with a roundtable discussion about what they do, their career paths and how they got to where they are now, also their market outlook, and fund positioning. The GAA trio of portfolio managers David Wolf, David Tulk, and institutional portfolio manager Ilan Kolet, have a professional relationship that extends beyond their tenure at Fidelity; all meeting many years ago working at the Bank of Canada. Today, the GAA team manages over $90B in Canadian assets with the Fidelity Managed Portfolios. Ilan will be moderating the group discussion.

 

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 – December 4, 2024

Denise Chisholm, Director of Quantitative Market Strategy, joins us on the program today to unpack the current landscape for financials and give her outlook on market dynamics. Denise explores the Fed’s evolving toolkit, highlighting its capacity to navigate economic shocks and support growth even amid sticky inflation. She also delves into the challenges and opportunities posed by de-globalization trends, emphasizing strength of U.S. financials compared to weaker international markets.

 

Recorded on December 4, 2024.

 

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.

FOCUS 2024: The power of U.S. growth opportunities – Becky Baker

On November 21 and 22, Fidelity Investments Canada hosted FOCUS 2024 in Scottsdale, connecting our portfolio managers and experts with advisors. Kicking off the event’s second day was portfolio manager Becky Baker, sitting down with moderator Agnes Doherty, VP Regional Sales.Becky provides her thoughts on growth equity and the current market environment, sharing what key characteristics she looks for in a potential growth investment, as well as specific sectors and industries that are presenting growth opportunities. Becky works alongside portfolio manager Kyle Weaver on Fidelity US Growth Opportunities Class, a fund for Canadian investors.

 

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.

FOCUS 2024: Seeking value in out-of-favour stocks – Hugo Lavallée

On November 21 and 22, Fidelity Investments Canada hosted FOCUS 2024 in Scottsdale, connecting our portfolio managers and experts with advisors. On day two of the event portfolio manager Hugo Lavallée sat down with host Pat Bolland, which we’re featuring as today’s podcast. Hugo provides his insights on contrarian investing, and how he’s positioning his various portfolios heading into the end of the year. We’ll hear his thoughts on this eventful year, as we’ve seen significant market movements driven by volatility and rate cuts. Hugo also expands on Canadian versus U.S. opportunities, as depending on the fund, he looks for investments in both countries.

 

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.