TORONTO, April 26,
2024 /CNW/ - Fidelity Investments Canada ULC
today announced that fixed income portfolio manager Jeff Moore has made the personal decision to
retire at the end of 2024. Jeff will remain focused on co-managing
the Fidelity Funds he is currently on (see below) until retirement
and will play an instrumental role during the transition to help
our clients be well positioned for the future. Following requisite
approvals, a transition plan will be announced in the near
future.
Portfolio manager Michael Plage, who co-manages a substantial
portion of the applicable Fidelity Funds alongside Jeff, will
continue managing the funds while additional investment resources
are being added to the investment team overseeing these strategies.
There will be no changes to the Fidelity Funds' investment
objectives or strategies as a result of Jeff's retirement.
Fidelity's fixed income division leverages the insight of over
350 research professionals across the organization and operates
within an effective team-based structure. Each of Fidelity's fixed
income mandates are managed by a team composed of portfolio
management, credit research, quantitative research and trading
professionals.
"On behalf of everyone at Fidelity Investments Canada, I would
like to extend our heartfelt thanks to Jeff for his partnership and
commitment to our clients in Canada and helping to build better financial
futures," said Kelly Creelman, Senior Vice President, Products
and Marketing. "Whether being a steward of funds he co-manages,
regularly engaging and supporting our clients with their investing
journeys, mentoring the next generation of portfolio managers and
so much more, Jeff has made a positive difference in so many ways
and will continue to do so right through to his retirement. We
would like to congratulate Jeff on his retirement and wish him the
very best for the next chapter of his life."
In keeping with our commitment to informing our clients and
delivering exceptional client experience, there will be an
announcement in the near future following requisite approvals with
details covering the portfolio management transition plan.
Fidelity Funds currently co-managed by portfolio manager
Jeff Moore:
Funds co-managed by
Jeff Moore ("Fidelity Funds")
|
Other named
portfolio managers
|
Fidelity Multi-Sector
Bond Fund
|
Michael
Plage
|
Fidelity Multi-Sector
Bond Currency Neutral Fund
|
Michael
Plage
|
Fidelity Multi-Sector
Bond Hedged Multi-Asset Base Fund
|
Michael
Plage
|
Fidelity Global Core
Plus Bond ETF
|
Michael
Plage
|
Fidelity Global Core
Plus Bond ETF Fund
|
Michael
Plage
|
Fidelity Global
Investment Grade Bond ETF
|
Michael
Plage
|
Fidelity Global
Investment Grade Bond ETF Fund
|
Michael
Plage
|
Fidelity Global Bond
Fund
|
Andrew Lewis, Michael
Foggin, Lisa Easterbrook
|
Fidelity Global Bond
Multi-Asset Base Fund
|
Andrew Lewis, Michael
Foggin, Lisa Easterbrook
|
Fidelity Global Bond
Currency Neutral Fund
|
Andrew Lewis, Michael
Foggin, Lisa Easterbrook
|
Fidelity Global Bond
Currency Neutral Multi-Asset Base Fund
|
Andrew Lewis, Michael
Foggin, Lisa Easterbrook
|
Fidelity Investment
Grade Total Bond Fund
|
Michael
Plage
|
Fidelity Investment
Grade Total Bond Currency Neutral Fund
|
Michael
Plage
|
Fidelity Tactical
Credit Fund
|
Michael
Plage
|
Fidelity Tactical Fixed
Income Fund
|
Sri Tella, Lee
Ormiston
|
Fidelity Premium
Tactical Fixed Income Private Pool
|
Sri Tella, Lee
Ormiston
|
Fidelity U.S. Bond
Multi-Asset Base Fund
|
Michael
Plage
|
Fidelity U.S. Bond
Currency Neutral Multi-Asset Base Fund
|
Michael
Plage
|
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
$237 billion in assets under
management (as at April 24, 2024) 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, international and global equity, income-oriented
strategies, asset allocation solutions, managed portfolios,
sustainable investing, alternative mutual funds and our high net
worth program. Fidelity Funds are available through a number of
advice-based distribution channels including financial planners,
investment dealers, banks, insurance companies and online trading
platforms.
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.
Find us on social media @FidelityCanada
www.fidelity.ca
Listen to FidelityConnects on Apple or Spotify
SOURCE Fidelity Investments Canada ULC