Fidelity Investments Canada ULC announced Oct. 24 that Fidelity Investments portfolio manager, Kyle Weaver, will be joining current portfolio managers Joel Tillinghast and Daniel Dupont in managing Fidelity NorthStar Fund. This change will be effective Nov. 1.
Weaver is a portfolio manager in the equity division at Fidelity Management and Research Company (FMR Co., Inc.). He currently manages Fidelity Advisor Growth Opportunities Fund, Fidelity VIP Growth Opportunities Portfolio and Fidelity Advisor Series Growth Opportunities Fund, available to U.S. investors.
Risk Rating Changes
Also, effective Nov. 1, 2019, Fidelity Investments Canada ULC announced that it will be lowering the risk ratings on the following funds:
|
Fund Name |
Current |
New |
|
Fidelity Strategic Income Currency Neutral |
Low to Medium |
Low |
|
Fidelity ClearPath® 2010 Portfolio |
Low to Medium |
Low |
|
Fidelity ClearPath® 2015 Portfolio |
Low to Medium |
Low |
|
Fidelity Global Real Estate Fund |
Medium to High |
Medium |
|
Fidelity Global Real Estate Class |
Medium to High |
Medium |
|
Fidelity Global Real Estate Investment Trust |
Medium to High |
Medium |
