This edition of FidelityConnects features David Way, Portfolio Manager of Fidelity Long/Short Alternative Fund. This fund, which launched in October 2020, has an investment philosophy anchored in the belief that skilled active management can consistently identify attractive investment opportunities through the economic cycle. This is achieved through three key philosophies: finding the change before the change, harvesting superior industry/company analysis and style-agnostic stock picking. David discusses the breakdown of Fidelity Long/Short Alternative Fund, how it may fit in one’s portfolio, and dives into further detail on the diversification opportunities presented by the “short” side of the fund. Also, David looks at opportunities in effective supply chains, a normalizing economy, transitions in technology and energy, and the impact of stimulus on today’s economy.

Recorded on October 27, 2021.

Transcript (PDF): https://www.fidelity.ca/cs/Satellite/doc/transcript_podcast_way_27oct.pdf