Fidelity Global Investment Grade Bond ETF Series L Trust · NEO:FCIG
Fidelity Global Investment Grade Bond ETF Series L Trust — Fidelity Investments Canada ULC — Focus 2023 Scottsdale
7 slides from Fidelity Global Investment Grade Bond ETF Series L Trust's conference presentation, October 2023
Slide 1: Turning volatility into opportunity
Turning volatility into opportunity Daniel Dupont Portfolio Manager October 2023 1 © 2023 FIDELITY INVESTMENTS CANADA ULC 403455-v2023914 FOR ADVISOR USE ONLY
Slide 2: Upside/downside capture ratio
Fidelity Canadian Large Cap Fund Upside/downside capture ratio Portfolio manager’s tenure, April 2011 to July 2023* 100% 3.0% 2.5% 80% 68.2% 1.9% Excess return 2.0% Capture ratio 60% 1.5% 40% 33.6% 1.0% 20% 0.5% 0% 0.0% Up market capture Down market capture Annualized excess return *Daniel Dupont to
Slide 3: Full calendar year returns since Portfolio Manager tenure
Full calendar year returns since Portfolio Manager tenure* Fidelity Canadian Large Cap Fund (Series F) 45% 40% 38% 35% 30% 25% 23% 20% 15% 15% 12% 12% 11% 11% 11% 10% 7% 5% 5% 1% 1% 0% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 *Dan Dupont assumed portfolio management responsibility
Slide 4: Growth of $10,000 during portfolio manager's tenure
Growth of $10,000 during portfolio manager’s tenure* Fidelity Canadian Large Cap Fund, Series F, net of fees (%) 42,000 Fidelity Canadian 38,000 14.9% Large Cap Fund 34,000 (Series F) $37,614 Growth of $10,000 30,000 11.3% annualized 26,000 22,000 1.0% S&P/TSX 4.8% Composite Index 18,000 -5.8% $21,3
Slide 5: 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 5 © 2023 FIDELITY INVESTMENTS CANADA ULC 403455-v2023914 FOR ADVISOR USE ONLY
Slide 6: Fidelity Canadian Large Cap Fund Performance
Fidelity Canadian Large Cap Fund Performance – Series F, net of fees (%) As at July 31, 2023 1 year 3 year 5 year 10 year Fidelity Canadian Large Cap Fund 10.0 17.2 12.0 10.2 Benchmark* 10.4 12.4 9.6 11.0 S&P/TSX Composite Index 8.2 11.7 7.9 8.4 * Benchmark consists of 70% S&P/TSX 60 Capped Index an
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 — Focus 2023 Scottsdale on 6ix