TORONTO, Jan. 10, 2022 /CNW/ – Fidelity Investments Canada ULC, one of the top investment management firms in Canada, today announced plans to add a small allocation to Fidelity Advantage Bitcoin ETF™ within Fidelity All-in-One Growth ETF and Fidelity All-in-One Balanced ETF and corresponding mutual fund versions. As a result, the risk ratings of the following funds will be updated effective on or about January 21, 2022:
|
Fund |
Current Risk Rating |
New Risk Rating |
|
Fidelity All-in-One Growth ETF |
Low to Medium |
Medium |
|
Fidelity All-in-One Growth ETF Fund |
Low to Medium |
Medium |
The decision to add a small allocation to Fidelity Advantage Bitcoin ETF within the funds in the All-in-One suite was made for its diversification benefits with the potential to improve risk-adjusted returns going forward.
The investment objectives will remain unchanged.
For more information on Fidelity Mutual Funds and ETFs, visit www.fidelity.ca.
About Fidelity Investments Canada ULC
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.
As a privately-owned company, our people and world class resources are committed to doing what is right for investors and their long-term success. Our clients have entrusted us with $208 billion in assets under management (as at December 31, 2021) and they include individuals, financial advisors, pension plans, endowments, foundations and more.
We are proud to provide investors a full range of investment solutions through mutual funds and exchange-traded funds, including domestic, internationBitcoinal and global equity, income-oriented strategies, asset allocation solutions, managed portfolios, sustainable investing and our 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.
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the mutual fund’s or ETF’s prospectus, which contains detailed investment information, before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently, and investors may experience a gain or a loss. Past performance may not be repeated.
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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, [email protected]
