Fidelity Announces Risk Rating Changes

TORONTO, March 21, 2019 /CNW/ - Fidelity Investments Canada ULC, one of Canada's top investment management firms, today announced that, effective April 1, 2019, risk ratings on the following Fidelity mutual funds will change:

Fund / Investment Trust	Current Risk Rating	Proposed Risk Rating
Fidelity Canadian Opportunities Fund	Medium to High	Medium
Fidelity Canadian Opportunities Class	Medium to High	Medium
Fidelity Japan Fund	High	Medium to High
Fidelity Japan Class	High	Medium to High
Fidelity Far East Fund	High	Medium to High
Fidelity Far East Class	High	Medium to High
Fidelity Tactical Strategies Fund	Medium	Low to Medium
Fidelity Global Credit Ex- U.S. Investment Trust	Low	Low to Medium
Fidelity Special Situations Fund	High	Medium to High
Fidelity Special Situations Class	High	Medium to High
Fidelity Multi-Sector Bond Currency Neutral Fund	Low to Medium	Low

The investment objectives and strategies will remain unchanged.

For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.

Fidelity Investments Canada ULC

Fidelity Investments Canada ULC manages a total of $133 billion in mutual fund, institutional and ETF assets. This includes $34 billion in assets for institutional clients including public and corporate defined benefit pension and defined contributions plans, sub-advised programs, endowments, foundations and other corporate assets on behalf of clients across Canada as at February 28, 2019.

Fidelity Investments Canada ULC provides Canadian investors a full range of domestic, international and income oriented mutual funds and ETFs, as well as asset allocation, managed solutions, and a 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.

Read a fund's prospectus and consult your financial advisor before investing. Mutual funds, including exchange-traded funds, are not guaranteed; their values change frequently and past performance may not be repeated. Investors will pay management fees and expenses, may pay commissions or trailing commissions and may experience a gain or loss.

Find us on social media @FidelityCanada

SOURCE Fidelity Investments Canada ULC

Chris Pepper, Vice-President, Corporate Affairs, Fidelity Investments Canada ULC, T: [phone], M: [phone], E: [email protected]