After an extensive review of expenses, Fidelity Investments Canada has laid off employees to cope with the economic downturn, the company confirmed on Wednesday.“We regret having to take steps that affect valued employees, but these actions are critical to ensure our company remains financially strong,” said Fidelity spokesperson Chris Pepper.According to news reports on Wednesday, […]
Pools focus on individual stocks as opposed to market sectors
38% of Canadians say they will hold equity-driven investments in TFSAs
Staying invested is still the best course of action: Fidelity
Fund manager brings 28 years of experience and a strong track record of performance
A new survey from Fidelity Investments Canada ULC finds that summer time is retiring time for Canadians. The third annual 2007/2008 Fidelity Canadian Retirement Survey shows that June, July and August are the months when the highest numbers of Canadians retire. However, this year’s survey shows that more retirees are finding retiring is getting harder.“Fidelity’s […]
Investors and snowbirds can now receive tax-efficient monthly cash flow in U.S. dollars
Many not anticipating increased costs in retirement
Monthly payments designed to keep pace with inflation
The current volatile market can be a buying opportunity, according to Bob Haber, portfolio manager at Fidelity Investments Canada. “We’ve entered into a more trading-oriented, bifurcated market and in order to take advantage of the volatility and put it on your side, buy when things are down and all the reports are about the end […]