TORONTO, Nov. 1, 2017 /CNW/ - Fidelity Investments Canada ULC (Fidelity Investments Canada), one of Canada's top investment management firms, today announced the launch of Fidelity Global Innovators Class for Canadian investors.
Fidelity Global Innovators Class is built for today's rapidly changing world. Managed by Fidelity portfolio manager Mark Schmehl, the fund is a flexible equity strategy focused on investing in innovative and disruptive companies anywhere in the world and across the market cap spectrum.
"We live in a time of accelerating change. Disruptive innovations, such as artificial intelligence, blockchain and advances in genomics, are transforming the global economy and fundamentally changing the investment landscape," said Rob Strickland, President, Fidelity Investments Canada. "Given his experience with investing in innovative companies, I believe Mark is well-positioned to take advantage of these trends and seek to help Canadian investors meet their long-term financial goals."
Fidelity Global Innovators Class will also be available in a currency neutral version.
Fidelity Investments Canada also announced that Fidelity Event Driven Opportunities Fund, Fidelity Global Concentrated Equity Fund, and Fidelity International Concentrated Equity Fund will be offered in currency neutral versions.
About Portfolio Manager Mark Schmehl
Mark currently manages Fidelity Canadian Growth Company Fund and Fidelity Special Situations Fund.
Mark joined Fidelity in 1999 and has covered a wide range of industries, including health care, utilities, mining, transportation, industrials, insurance and real estate. He was also responsible for managing these components of Fidelity Canadian Disciplined Equity® Fund. From 2000 to 2003, he managed Fidelity Select Materials Fund, for U.S. investors.
Before joining Fidelity, Mark worked for four years in pension consulting at SEI Investments. Mark earned a BBA from Wilfrid Laurier University and an MBA from Columbia University. He is a Chartered Financial Analyst (CFA) charterholder.
Fidelity Investments Canada
Fidelity Investments Canada ULC is part of the broader group of companies collectively known as "Fidelity Investments", one of the world's largest providers of financial services. Fidelity Investments Canada ULC manages a total of $132 billion in mutual fund and institutional assets. This includes $22 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 as at September 30, 2017.
Fidelity Investments Canada ULC 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, 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.
Read a fund's prospectus and consult your financial advisor before investing. Mutual 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.
SOURCE Fidelity Investments Canada ULC
For further information: Chris Pepper, Vice-President, Corporate Affairs, Fidelity Investments Canada ULC, T: (416) 307-5388, M: (416) 795-7762, E: [email protected]