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 FOCUS 2022 Scottsdale

6 slides from Fidelity Global Investment Grade Bond ETF Series L Trust's conference presentation, Oct 11, 2022

  1. Slide 1: Navigating through the new normal: An alternative perspective

    Navigating through the new normal: An alternative perspective Brett Dley Portfolio Manager David Way Portfolio Manager 1 © 2022 FIDELITY INVESTMENTS CANADA ULC 958107-v2022926 FOR ADVISOR USE ONLY

  2. Slide 2: Fidelity Market Neutral Alternative Fund

    Fidelity Market Neutral Alternative Fund STRATEGY Market neutral TARGET BETA 0.0 ± 0.1 TYPICAL % SHORT Up to 100% NO. OF STOCKS c. 100–150 (40–50 long) BENCHMARK FTSE Canada 91-Day T-Bill Index REFERENCE INDEX 50/50 S&P/TSX Capped Composite/S&P 500 Index Brett Dley MANAGEMENT FEE* Series F: 1.15% Se

  3. Slide 3: Example: Hedge valuation risk, focus on fundamentals

    Example: Hedge valuation risk, focus on fundamentals Long: MongoDB Inc (MDB), Short: Asana Inc (ASAN) 130% Entry point: Exit point: July 12, 2021 MDB May 24, 2022 100% ASAN NASDAQ Composite TR 70% 40% 10% -20% Stock & index returns (July 1, 2021–June 30, 2022)  MongoDB Inc: -28.22% -50%  Asana Inc

  4. Slide 4: Fidelity Long/Short Alternative Fund

    Fidelity Long/Short Alternative Fund STRATEGY Long/short equity TARGET BETA 0.0–1.0 TYPICAL % SHORT 30% NO. OF STOCKS c. 30–60 per side BENCHMARK 50/50 S&P/TSX Capped Composite/S&P 500 Index Series F, F5, F8: 1.15% MANAGEMENT FEE* David Way Series B, S5, S8: 2.15% Portfolio Manager MINIMUM CDN$ 500

  5. Slide 5: Example: Overvalued pandemic winners

    Example: Overvalued pandemic winners Short: Carvana Co (CVNA) 20% CVNA S&P 500 TR 0% -20% Position built from May 2021 to Sept 2021 -40% -60% -80% Stock & index returns (July 1, 2021–June 30, 2022)  Carvana Co: -92.52%  S&P 500 TR: -10.49% -100% Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb

  6. Slide 6: 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

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