TORONTO, Oct. 29, 2013 /CNW/ - Fidelity Investments Canada ULC
("Fidelity") today announced a change to the risk rating of Fidelity
International Value Fund in accordance with the approach recommended by
the Fund Risk Classification Task Force of The Investment Funds
Institute of Canada. This change will be reflected in the renewal of
the simplified prospectus of the fund, which will be filed with
Canadian securities regulators on or about October 30, 2013.
In connection with Fidelity's regular review of the risk classification
of its funds, Fidelity has changed the risk rating for Fidelity
International Value Fund from "medium" risk to "medium to high" risk.
The objective and strategies of the fund remain the same.
Fidelity regularly reviews the risk classification of its funds and
occasionally makes changes based on a methodology that incorporates
both quantitative and qualitative considerations.
The methodology used by Fidelity to identify the risk level of each
Fidelity mutual fund can be found in the simplified prospectus of the
fund, available at fidelity.ca. It is also available at no cost by calling us at 1-800-263-4077, by
sending us an email at email@example.com (for assistance in English) or firstname.lastname@example.org (for assistance in French) or by writing to us at Fidelity Investments
Canada ULC, 483 Bay Street, Suite 300, Toronto, Ontario M5G 2N7.
About Fidelity Investments
Fidelity Investments Canada ULC is part of the Fidelity Investments
organization of Boston, one of the world's largest providers of
financial services. Recipient of the 2012 Morningstar Advisors' Choice
Fund Company of the Year, Fidelity Canada manages a total of $78
billion in mutual fund and institutional assets. This includes $16
billion in assets for institutional clients including public and
corporate defined benefit pension plans, endowments, foundations and
other corporate assets on behalf of clients across Canada.
Fidelity Canada provides Canadian investors a full range of domestic,
international and income oriented mutual funds, as well as asset
allocation and managed solutions and the high net-worth program, the
Fidelity Private Investment Program. Fidelity funds are available
through a number of advice-based distribution channels including
financial planners, investment dealers, banks, and insurance companies.
Fidelity is a proud supporter of the Boys and Girls Clubs of Canada and
we are dedicated to helping young Canadians realize their full
potential as productive, responsible and caring citizens.
SOURCE: Fidelity Investments Canada ULC
For further information:
Vice President, Corporate Affairs