TORONTO, March 6, 2026 /CNW/ – Fidelity Investments Canada ULC (“Fidelity Canada”) announced that Jed Weiss, one of several portfolio managers on Fidelity Global Small-Mid Cap Equity Fund and ETF Series (the “Fund”), will be transitioning off the strategy at the end of 2026. Jed will remain at Fidelity, focusing on managing other investment strategies including Fidelity International Growth Fund for Canadian investors.
The Fund’s investment objectives and strategies will remain the same and the Fund will continue to be managed by portfolio managers Shilpa Mehra, Patrick Drouot, and Salim Hart after Jed transitions off the Fund at the end of the year.
About Fidelity Canada
At Fidelity Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions, and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. With assets under management of $371 billion (as at February 28, 2026), Fidelity Canada is privately held and committed to helping our diverse clients meet their goals over the long term. Fidelity Canada funds are available through financial advisors 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.
Unlike traditional mutual fund series, exchange-traded series (ETF series) are traded on stock exchanges. In the event of a disruption or a halt in trading of the ETF series on a stock exchange or marketplace on which the ETF series of a fund are traded, the trading price of the ETF series may be affected. As a result, the disruption or halting of such trading may cause a performance variance between the ETF series and the traditional mutual fund series because the ETF series may trade in the market at a premium or discount to the net asset value (NAV) per unit. There can be no assurance that the ETF series trading price will behave similar to the NAV per unit. The trading price of the ETF series will fluctuate in accordance with changes in a fund’s NAV, as well as market supply and demand on the exchange or marketplace on which the ETF series are traded. As such, the performance between the ETF series and the traditional mutual fund series of a fund may vary. In addition, there are other factors that could lead to performance variances between the ETF series and the traditional mutual fund series, such as, for example, brokerage commissions and HST.
Find us on social media @FidelityCanada
www.fidelity.ca
Listen to FidelityConnects on Apple or Spotify
SOURCE Fidelity Investments Canada ULC
