Fidelity Investments Canada Ltd. is launching the Fidelity ClearPlan Custom Fund Portfolios, which are fully customizable investing solutions designed to help investors plan for and meet their major life goals.

ClearPlan Custom Fund Portfolios are the second offering in Fidelity Clear Solutions, a suite of packaged investment products that were introduced in November 2005 with the Fidelity ClearPath Retirement Portfolios

“Fidelity ClearPlan Custom Fund Portfolios are the next evolution of wrap solutions,” said Michael Barnett, senior vice president, advisor distribution. “They are suited for the investor who likes the convenience of a wrap product, but wants a tailored approach to planning for their future, including determining how and when the mix of assets in their portfolio will change over time, just as their life does. For the cost of a mutual fund, ClearPlan offers investors a flexible portfolio solution with the ability to set up asset allocations that change with time.”

Improving on traditional or standard wrap programs, ClearPlan enables investors and their advisors to build completely personalized fund portfolios that meet their needs today and in the future. With Fidelity ClearPlan Custom Fund Portfolios, the investor and advisor work together to create a personalized financial portfolio that ensures the investor’s needs, risk tolerances and investment objectives are met.

“Each of us knows our lives change significantly over time and so should our portfolios,” said Barnett. “With ClearPlan, you and your advisor can decide how much your portfolio has to change for your life. ClearPlan helps ensure your investments keep pace with the real life you are living.

“What sets ClearPlan apart is the combination of Fidelity’s unique asset allocation roll down capabilities and unlimited options to customize the portfolio, including automatic rebalancing of the assets to help keep an investor on track. No other investment in Canada offers all of this flexibility in a single solution,” he added.