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Fidelity offers investors new global investing and income options


Fidelity Investments Canada ULC has launched new investment options for investors looking to diversify their portfolios, including a number of currency neutral investment options. 

The Fidelity NorthStar Balanced Fund is a balanced investment solution that offers investors the potential for long-term capital growth by investing in a mix of equity securities and fixed income asset classes from around the world. 
"The Fidelity NorthStar Balanced Fund, with its go-anywhere mandate is a fund with an All-Star team of Fidelity portfolio managers.  Experienced Fidelity asset allocation portfolio manager Chris Sharpe is responsible for the overall management of the fund with veteran Fidelity managers Jeff Moore and Ford O'Neil responsible for the fixed income portion of the fund.  To gain its desired equity exposure, the fund currently invests in the Fidelity NorthStar Fund, which is managed by Dan Dupont and Joel Tillinghast, both top-performing portfolio managers," says Craig Strachan, head of product, Fidelity Canada.
The Fund marries the bottom-up, fundamental equity investing approach with a dynamic multi-sector approach to fixed-income investing.  The fixed income portfolio managers have the flexibility to invest in non-investment-grade sectors, such as high-yield bonds, emerging market debt and floating rate debt. 
Meeting the needs of investors looking for a core income and capital appreciation investment solution, Fidelity Tactical High Income Fund invests across a broad spectrum of income-producing securities which may be located anywhere in the world.  Investors can benefit from Fidelity's global platform and experience in investing in income-oriented asset classes.    
"Fidelity Tactical High Income Fund draws on Fidelity's global platform and deep experience in managing high income asset classes and yield- oriented investments," says Strachan. "Fidelity has over 35 years' experience in managing these asset classes and currently employs over 200 investment professionals dedicated to researching and managing these securities." 
The fund is managed by Adam Kramer, a Fidelity portfolio manager with over 14 years of experience managing high income solutions.  He is backed by James (Jim) Morrow and Ford O'Neil.  The current investment options available to the portfolio managers include equity securities, convertible securities, floating rate debt instruments, emerging market debt securities, high yield securities and asset-backed and mortgage-backed securities.   The managers can also invest in corporate and governments bonds.    
Fidelity Canada is also expanding its suite of currency neutral investment solutions with the addition of eight new options:
                •             Fidelity NorthStar Balanced Currency Neutral Fund
                •             Fidelity Tactical High Income Currency Neutral Fund
                •             Fidelity US Focused Stock Currency Neutral Class
                •             Fidelity US All Cap Currency Neutral Class
                •             Fidelity American Equity Currency Neutral Class
                •             Fidelity Small Cap America Currency Neutral Class
                •             Fidelity Floating Rate High Income Currency Neutral Fund
                •             Fidelity US Monthly Income Currency Neutral Fund

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