Fidelity Investments Canada ULC Launches New Global Small Cap Fund

TORONTO, Sept. 28, 2022 /CNW/ - Today, Fidelity Investments Canada ULC (Fidelity) launched Fidelity Global Small Cap Opportunities Fund (the Fund).

The Fund invests primarily in equity securities of small capitalization companies located anywhere in the world and aims to achieve long-term capital growth.

"At Fidelity, our focus is on providing investors with a wide array of funds to choose from, to help support their individual financial goals," said Kelly Creelman, Senior Vice President, Products and Marketing, Fidelity Investments Canada ULC. "Our new global small cap strategy leverages Fidelity's robust research capabilities and the portfolio managers' bottom-up security selection."

This new Fund will be co-managed by portfolio managers Connor Gordon and Chris Maludzinski. Connor and Chris will aim to uncover value by identifying high quality companies that are mispriced.

• Concentrated portfolio - A high conviction portfolio of typically 40-80 small-cap stocks anywhere in the world.
• Mispriced high-quality companies - Exposure to mispriced investment opportunities where the market has under-reacted to positive change or over-reacted to negative change.
• Broader opportunity set ? A significantly larger number of investable companies exist among global small caps, which generally have less research coverage resulting in more opportunities for mispricing.
• Strong long-term growth and recovery potential - Smaller cap companies can have faster growth rates than larger cap companies as they are starting from a lower base.

Connor Gordon

Connor Gordon is a portfolio manager and currently manages Fidelity Global Small Cap Opportunities Institutional Trust, which is available to institutional clients.

Mr. Gordon joined Fidelity in 2009 as a research analyst for Fidelity's Canadian equity research team, where he provided research coverage for the industrial, technology and healthcare sectors. From 2013 to 2019 he was a generalist analyst with research responsibilities across all sectors and geographies with a focus on small- and mid-cap securities.

Mr. Gordon holds a Bachelor of Arts degree in Economics and Finance from Wilfrid Laurier University.

Chris Maludzinski

Chris Maludzinski is a portfolio manager at Fidelity Investments and currently manages Fidelity Global Small Cap Opportunities Institutional Trust, which is available to institutional clients.

Mr. Maludzinski joined Fidelity in 2008 as a research analyst for Fidelity's Canadian equity research team. He has covered the gold, precious metals, coal and consumable fuels, telecommunication services and consumer discretionary sectors. Mr. Maludzinski earned a Bachelor of Commerce degree in Finance from the University of British Columbia (UBC).

For more information, visit fidelity.ca

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SOURCE Fidelity Investments Canada ULC