Fidelity Investments Canada Ltd. today announced that it is reducing the management fee on Fidelity NorthStar Fund and Fidelity RSP NorthStar Fund effective immediately.

The management fee on Series A and Series F units of the funds will be reduced by 20 basis points to align the funds’ management fees with Fidelity’s other equity funds. The reduction also applies to Series A and Series F shares of Fidelity NorthStar Class.