Fidelity Canadian Long/Short Alternative Fund Series B

Fund Details

Start Date	February 01, 2024
Instrument Type	Mutual Fund (Alternative)
Share Class	Commission Based Advice
Legal Status	Trust
Sales Status	Open
Currency	CAD
Distribution Frequency	Annual
Assets ($mil)	$4

Fund Codes

FundServ Code	Load Code	Sales Status
FID7769

Investment Objectives

The Fund invests primarily in long and short positions of equity securities of Canadian companies and may use leverage through the use of short selling, generally around 30% of its net asset value, but may short sell up to 50% of its net asset value. The Fund uses quantitative techniques in the construction of its portfolio.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: • Will maintain both long and short exposures to a portfolio of primarily Canadian equities which involves simultaneously investing in equities (investing long) of companies that are expected to outperform the S&P/TSX Capped Composite Index and selling equities (investing short) of companies that are expected to underperform the S&P/TSX Capped Composite Index.

Portfolio Manager(s)

Name	Start Date
Reetu Kumra	02-06-2024

Management and Organization

Fund Manager	Fidelity Investments Canada ULC
Advisor	Fidelity Investments Canada ULC
Custodian	-
Registrar	-
Distributor	-
Auditor	PricewaterhouseCoopers LLP