Fidelity Global Investment Grade Bond ETF Series L Trust · NEO:FCIG
Fidelity Global Investment Grade Bond ETF Series L Trust — Fidelity Investments Canada ULC — Fidelity Vision 2023
7 slides from Fidelity Global Investment Grade Bond ETF Series L Trust's conference presentation, January 2023
Slide 1: Identifying opportunities in volatile periods
Identifying opportunities in volatile periods Daniel Dupont Portfolio Manager January 2023 1 © 2023 FIDELITY INVESTMENTS CANADA ULC 403455-v202314 FOR ADVISOR USE ONLY
Slide 2: Fidelity Canadian Large Cap Fund upside/downside capture ratio
Fidelity Canadian Large Cap Fund Upside/downside capture ratio Portfolio manager’s tenure, April 2011 to December 2022* 100% 3.0% 2.8% 2.5% 80% 71.3% 2.0% 60% Excess return Capture ratio 1.5% 40% 32.4% 1.0% 20% 0.5% 0% 0.0% Up market capture Down market capture Annualized excess return *Daniel Dupon
Slide 3: Identifying long vs. short opportunities
Identifying long vs. short opportunities Long opportunities Quality companies Sustainable businesses Don’t overpay for the stock Short opportunities Opportunistic shorts Merger arbitrage 3 © 2023 FIDELITY INVESTMENTS CANADA ULC 403455-v202314 FOR ADVISOR USE ONLY
Slide 4: Dan Dupont's stand-alone mandates
Dan Dupont’s stand-alone mandates Liquid alternative vs. traditional mutual funds Global Value Long/Short Canadian Large Cap/Concentrated Value Regional focus Global (up to 100% foreign) Canadian focused (up to 49% foreign) Market cap focus All cap Large cap May use leverage through the use of cash
Slide 5: Fidelity Canadian Large Cap Fund performance
Fidelity Canadian Large Cap Fund Performance - Series F, net of fees (%) As at December 31, 2022 3-Month 6-Month 1 Year 3 Year 5 Year 10 Year Fidelity Canadian Large Cap Fund 9.1 9.3 14.9 16.1 11.9 12.3 Benchmark* 5.5 4.9 -8.1 8.6 8.6 10.7 Excess return 3.6 4.4 23.0 7.5 3.3 1.6 * Benchmark consist o
Slide 6: Fidelity Global Value Long/Short Fund performance
Fidelity Global Value Long/Short Fund Performance - Series F, net of fees (%) Since As at December 31, 2022 3-Month 6-Month 1 Year 2 Year inception* Fidelity Global Value Long/Short Fund 14.3 17.5 68.1 30.6 31.7 MSCI World Index 8.2 8.2 -12.2 3.0 5.7 Excess return 6.1 9.3 80.3 27.6 26.0 * Inception
Slide 7: Important notice
Important notice For advisor use only. No recipient is authorized to pass this communication on to any other person whatsoever or reproduce it by any means without the prior written consent of Fidelity. Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated
Fidelity Investments Canada ULC — Fidelity Vision 2023 on 6ix