TORONTO , July 24, 2024 /CNW/ – Further to the announcement from Fidelity Investments Canada ULC (Fidelity) on May 15, 2024 , regarding proposed fund mergers and terminations, Fidelity is announcing the results from its securityholder meetings, held virtually on July 24, 2024 .
Report of Voting Results – Proposed Mergers
Discontinuing Funds
Continuing Funds
Event
Vote Result
Fidelity American Equity Systematic Currency Hedged Fund
Fidelity American Equity Fund
Tax-deferred
Approved
Fidelity Small Cap America Systematic Currency Hedged Fund
Fidelity Small Cap America Fund
Tax-deferred
Approved
Fidelity U.S. Dividend Systematic Currency Hedged Fund
Fidelity U.S. Dividend Fund
Tax-deferred
Approved
Fidelity U.S. Focused Stock Systematic Currency Hedged Fund
Fidelity U.S. Focused Stock Fund
Tax-deferred
Approved
Fidelity Women’s Leadership Systematic Currency Hedged Fund
Fidelity Women’s Leadership Fund
Tax-deferred
Approved
Fidelity Tactical Strategies Fund
Fidelity Global Balanced Portfolio
Tax-deferred
Approved
Pursuant to these approvals, on or around September 6, 2024 (“the Effective Date”), securityholders in the discontinuing funds will automatically cease to hold these securities and will become securityholders in the respective continuing funds, as applicable. Investors in these funds will be able to voluntarily switch into other Fidelity funds or redeem their securities prior to the Effective Date. Investors should note that there may be tax implications if they choose to voluntarily switch into another Fidelity mutual fund.
Report of Voting Results – Terminations
Terminating Class Fund
Vote Result
Fidelity U.S. Growth Opportunities Systematic Currency Hedged Class
Approved
Investors in Fidelity U.S. Growth Opportunities Systematic Currency Hedged Class will be able to voluntarily switch into other Fidelity mutual funds or redeem their securities prior to the Effective Date. Investors should note that there may be tax implications if they choose to voluntarily switch into another Fidelity mutual fund.
About Fidelity
At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. With assets under management of $255 billion (as at July 24, 2024 ), Fidelity Investments Canada is privately held and committed to helping our diverse clients meet their goals over the long term. Fidelity funds are available through financial advisors and online trading platforms.
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investments in mutual funds and ETFs. Please read the mutual fund’s or ETF’s prospectus, which contains detailed investment information, before investing. Mutual funds and ETFs are not guaranteed. Their values change frequently, and investors may experience a gain or a loss. Past performance may not be repeated.
Find us on social media @FidelityCanada
www.fidelity.ca
Listen to FidelityConnects on Apple or Spotify
SOURCE Fidelity Investments Canada ULC
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