~ New risk-targeted wrap solutions offers investors more choices, global
opportunities and access to unique sectors ~
TORONTO, April 12 /CNW/ - Fidelity brings the world to Canadian investors
with the launch of Fidelity Managed Portfolios, a suite of six risk-targeted
fund-of-fund wrap portfolios that offer investors more choices, global
opportunities and access to unique sectors. Fidelity's Managed Portfolios
strategically invest in a combination of equities and fixed income securities,
providing full diversification across asset classes, geography and sectors.
The portfolios are available to financial advisors and investors on April 18,
"Fidelity Managed Portfolios are differentiated from others in the
marketplace because they offer investors a range of global portfolio solutions
and include access to unique sectors such as global real estate and
currency-neutral global fixed income," said Darren Farkas, Vice President,
Product Solutions, Fidelity Investments Canada. "Investors can also benefit
from Fidelity's extensive range of tax-efficient solutions and enhanced
These new portfolios build on Fidelity's successful suite of wrap
solutions including Fidelity ClearPath Retirement Portfolios (lifecycle
solutions) and Fidelity ClearPlan Custom Fund Portfolios (customizable wrap
A full range of risk-targeted portfolio solutions
All of the Fidelity Managed Portfolios invest in a mix of Canadian, U.S.
and international equities and bonds including global real estate. There are
six portfolios that meet the full range of investors' needs, risk tolerances
and investment criteria.
For investors looking for income solutions
- Fidelity Income Portfolio is for the investor who needs income today,
while at the same time is looking for some long-term capital
appreciation. This investor typically has a low-to-moderate risk
- Fidelity Global Income Portfolio offers investors with a low-to-
moderate risk tolerance a regular income stream from a geographically
For investors looking for a balance of capital preservation and growth
- Fidelity Balanced Portfolio offers investors a combination of capital
preservation and growth potential with moderate risk levels.
- Fidelity Global Balanced Portfolio is for the investor who desires a
balanced approach to investing with a global bias. This portfolio also
assumes a moderate level of risk to achieve its goals.
For investors looking for growth potential
- Fidelity Growth Portfolio offers balanced exposure to both Canadian
and global markets with strong growth potential. This portfolio is for
the investor that is typically willing to take on a moderate-to-high
level of risk to achieve their goals.
- Fidelity Global Growth Portfolio capitalizes on the rapid pace of
growth around the world. This portfolio is for the investor with a
moderate-to-high risk tolerance looking for global growth potential.
Benefits for investors, advisors
The Portfolios are managed by Fidelity's asset allocation team, led by
co-portfolio managers - Mark A. Friebel and Mariana Egan. The team uses
Fidelity's proven proprietary asset allocation process to achieve optimal
portfolios based on forward looking risk/return expectations.
Along with asset allocation and diversification, Fidelity Managed
Portfolios offer investors regular rebalancing and daily monitoring of risk
and return characteristics to ensure the portfolios consistently meet their
investment objectives. Investors also receive access to enhanced reporting to
monitor on-going investment needs and performance.
All six Fidelity Managed Portfolios are offered in both capital class
versions within Fidelity's Capital Structure as well as within Fidelity's
Tax-efficient Systematic Withdrawal Plan (T-SWP). For investors looking for
tax-efficient savings, they should consider Fidelity Capital Structure, a
non-registered product offering that provides the "registered plan advantage"
of maximized compound growth potential through the deferral of capital gains
taxes. For investors interested in tax-efficient cash flow streams, Fidelity's
T-SWP 5% or 8% options offer income solutions for non-registered assets.
The financial advisor plays an instrumental role in the investment
decision process by using Fidelity's Investor Profile Questionnaire,
Investment Policy Statement and enhanced reporting to customize the solution
for their clients. Fidelity Managed Portfolios are a single ticket solution
with a $25,000 minimum investment required for all portfolios.
About Fidelity Investments
Fidelity Investments is Canada's eighth largest mutual fund company and
part of the Fidelity Investments organization of Boston, one of the world's
largest providers of financial services. In Canada, Fidelity manages a total
of $43 billion in mutual fund and corporate pension plan assets. It offers
Canadian investors a full range of domestic, international and income-oriented
mutual funds. Fidelity funds are available through a number of advice-based
distribution channels including financial planners, investment dealers, banks,
and insurance companies. Fidelity Investments also administers defined
contribution plans and manages defined benefit assets on behalf of corporate
clients across Canada.
For further information:
For further information: Chris Pepper, Director, Media Relations,
Office: (416) 307-5388, Mobile: (416) 795-7762, Email: firstname.lastname@example.org