Fidelity Investments Canada ULC lowers risk ratings for two mutual funds

TORONTO, Dec. 13, 2018 /CNW/ - Fidelity Investments Canada ULC ("Fidelity"), one of Canada's top investment management firms, today announced that the risk ratings on two Fidelity mutual funds will change effective on January 1, 2019. 

Fidelity Fund	Current Risk Rating	New Risk Rating
Risk Rating Decreases
Fidelity Small Cap America Fund	Medium to High		Medium
Fidelity Small Cap America Class	Medium to High		Medium

The investment objectives and strategies of these funds will remain unchanged.

Fidelity Investments Canada ULC

Fidelity Investments Canada ULC is one of Canada's top investment management firms managing a total of $130 billion in mutual fund and institutional assets. This includes $33 billion in assets for institutional clients including public and corporate defined benefit pension and defined contributions plans, sub-advised programs, endowments, foundations and other corporate assets on behalf of clients across Canada as at November 30, 2018.

Fidelity Investments Canada ULC provides Canadian investors a full range of domestic, international and income oriented mutual funds, as well as asset allocation, managed solutions, ETFs and a high net worth program. Fidelity funds are available through a number of advice-based distribution channels including financial planners, investment dealers, banks, and insurance companies.

Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the mutual fund or ETF's prospectus, which contains detailed investment information, before investing. ­Mutual funds and ETFs are not guaranteed. Their values change frequently.­ Past performance may not be repeated.

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SOURCE Fidelity Investments Canada ULC

Chris Pepper, Vice-President, Corporate Affairs, Fidelity Investments Canada ULC, T: [phone], M: [phone], E: [email protected]