Fidelity ClearPath Portfolios automatically adjust their investment mix for your time horizon, making you less vulnerable to market swings as you approach your goal. The farther way from your goal, the more stocks your Portfolio will hold for growth. The closer you get to your goal, the more bonds and cash your Portfolio will hold to preserve gains and generate income. Bruno Crocco, Portfolio Manager, and Ruthann Pritchard, Institutional Portfolio Manager join the show today for a discussion on Fidelity’s ClearPath suite of products. Bruno and Ruthann discuss the investment thesis of the ClearPath funds, and the mechanics of the roll down strategy. Which Ruthann shares is a glidepath based approach with these portfolios become more diversified and conservative over time as they reach their target date. These funds use active management and Fidelity’s top managers as building blocks and today Bruno and Ruthann expand on how the funds are positioned currently, how they will combat inflation, and how the funds are supported by Fidelity’s global resources.

Recorded on September 30, 2021.

Transcript (PDF): https://www.fidelity.ca/cs/Satellite/doc/transcript_podcast_crocco_pritchard_30sept.pdf