Fidelity Investments Canada ULC Announces Fund Terminations & More News Here

TORONTO, May 12, 2022 /CNW/ – Fidelity Investments Canada ULC as we speak introduced the next terminations efficient August 19, 2022 (the “Termination Date”).

Terminating funds (hereafter known as the “Funds”):

As a part of its regular course of enterprise, Fidelity recurrently opinions its product line-up with a aim of streamlining choices for buyers. The determination to terminate the Funds was a part of this course of.

Fidelity is dedicated to offering a seamless transition for buyers within the Funds.

Prior to the Termination Date, Fidelity Systematic U.S. High Yield Bond ETF and Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF will declare, pay, and routinely reinvest a remaining distribution to buyers in these funds. The remaining common month-to-month distribution can be declared and paid in July 2022. Additionally, Fidelity Systematic U.S. High Yield Bond ETF Fund and Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF Fund may also pay and routinely reinvest a remaining distribution to its buyers.

Investors within the Funds can be despatched a discover of termination at the very least 60 days previous to the Termination Date. Fidelity Systematic U.S. High Yield Bond ETF and Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF are anticipated to be de-listed from the Toronto Stock Exchange, at Fidelity’s request, on the shut of enterprise on or about August 19, 2022.

Investors will have the ability to swap into different Fidelity ETFs and/or mutual funds or redeem their securities previous to the Termination Date, topic to the procedures and necessities set out within the related prospectus(es).

Fidelity encourages buyers within the Funds to talk with their monetary advisors in regards to the Terminations and to overview their choices.

Story continues

About Fidelity Investments Canada ULC

At Fidelity, our mission is to construct a greater future for Canadian buyers and assist them keep forward. We provide buyers and establishments a spread of progressive and trusted funding portfolios to assist them attain their monetary and life objectives.

As a privately-owned firm, our folks and world class sources are dedicated to doing what is correct for buyers and their long-term success. Our purchasers have entrusted us with $189 billion in belongings beneath administration (as at May 11, 2022) and so they embrace people, monetary advisors, pension plans, endowments, foundations and extra.

We are proud to offer buyers a full vary of funding options by mutual funds and exchange-traded funds, together with home, worldwide and international fairness, income-oriented methods, asset allocation options, managed portfolios, sustainable investing and our excessive internet price program. Fidelity Funds can be found by a variety of advice-based distribution channels together with monetary planners, funding sellers, banks, and insurance coverage firms.

Read a fund’s prospectus and seek the advice of your monetary advisor earlier than investing. Exchange-traded funds should not assured; their values change often and previous efficiency will not be repeated. Commissions, administration charges, brokerage charges and bills could all be related to investments in exchange-traded funds and buyers and will expertise a acquire or loss.

Find us on social media @FidelityCanada

SOURCE Fidelity Investments Canada ULC

View authentic content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/May2022/12/c0395.html

I’ve tried to present all types of reports to all of you latest news today 2022 by this web site and you’re going to like all this information very a lot as a result of all of the information we at all times give on this information is at all times there. It is on trending subject and regardless of the newest information was

it was at all times our effort to succeed in you that you simply preserve getting the newest information and also you at all times preserve getting the knowledge of reports by us totally free and likewise inform you folks. Give that no matter info associated to different kinds of information can be

made accessible to all of you so that you’re at all times linked with the information, keep forward within the matter and preserve getting today news all kinds of information totally free until as we speak as a way to get the information by getting it. Always take two steps ahead