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Fidelity Investments Canada ULC announces capping of Fidelity Global Small Cap Opportunities Fund, including its ETF Series (ticker: FCGS)

October 14, 2026 (CNW Group via COMTEX) --

Fidelity Investments Canada ULC announces capping of Fidelity Global Small Cap Opportunities Fund, including its ETF Series (ticker: FCGS)

Canada NewsWire

TORONTO, Oct. 14, 2026 /CNW/ -- Fidelity Investments Canada ULC today announced the(EQNX::nobreakspace)closure(EQNX::nobreakspace)(also known as a "soft cap")(EQNX::nobreakspace)of purchases by new investors into(EQNX::nobreakspace)the mutual fund series(EQNX::nobreakspace)of Fidelity Global Small Cap Opportunities Fund (the "Fund")(EQNX::nobreakspace)and a cap on the creation of new units of(EQNX::nobreakspace)the(EQNX::nobreakspace)ETF series(EQNX::nobreakspace)of(EQNX::nobreakspace)the(EQNX::nobreakspace)Fund.(EQNX::nobreakspace)These changes are expected to take effect on or about December 11, 2026(EQNX::nobreakspace)(at close of business).(EQNX::nobreakspace)

Logo - Fidelity

The decision is intended to preserve the integrity of the Fund's investment strategy and support its continued effective management for existing investors. Fidelity regularly reviews its investment products and their capacity to ensure portfolio managers can continue to execute their strategies effectively over the long term.(EQNX::nobreakspace)No action is required by investors.(EQNX::nobreakspace)Those who(EQNX::nobreakspace)already own(EQNX::nobreakspace)mutual fund series(EQNX::nobreakspace)and/or ETF(EQNX::nobreakspace)series of the Fund(EQNX::nobreakspace)will continue to do so.(EQNX::nobreakspace)

The caps may be removed at Fidelity's discretion if further Fund capacity becomes available.

Mutual fund(EQNX::nobreakspace)series(EQNX::nobreakspace)investors(EQNX::nobreakspace)

As of December 11, 2026,(EQNX::nobreakspace)the(EQNX::nobreakspace)mutual fund series(EQNX::nobreakspace)units(EQNX::nobreakspace)of the Fund(EQNX::nobreakspace)will be closed to purchases by new investors. Existing investors may continue to make(EQNX::nobreakspace)additional(EQNX::nobreakspace)purchases in accounts that already hold(EQNX::nobreakspace)mutual fund series(EQNX::nobreakspace)units(EQNX::nobreakspace)of(EQNX::nobreakspace)the Fund. However, purchases into accounts where(EQNX::nobreakspace)mutual fund series(EQNX::nobreakspace)units(EQNX::nobreakspace)of the(EQNX::nobreakspace)Fund(EQNX::nobreakspace)are(EQNX::nobreakspace)not currently held, even by existing investors, will not be(EQNX::nobreakspace)permitted(EQNX::nobreakspace)after December 11, 2026.(EQNX::nobreakspace)

The(EQNX::nobreakspace)mutual fund series(EQNX::nobreakspace)units(EQNX::nobreakspace)of the(EQNX::nobreakspace)Fund will remain available to other funds and accounts managed or advised by Fidelity,(EQNX::nobreakspace)and to existing(EQNX::nobreakspace)mutual fund series(EQNX::nobreakspace)investors, including: (i) those with systematic purchase and exchange programs; and (ii) new purchases by any discretionary client account managed by a portfolio manager licensed to engage in discretionary trading on behalf of its clients where the(EQNX::nobreakspace)mutual fund series(EQNX::nobreakspace)units(EQNX::nobreakspace)of the(EQNX::nobreakspace)Fund(EQNX::nobreakspace)are(EQNX::nobreakspace)already held within the discretionary model portfolio or asset allocation program or other similar investment product prior to the close of business on(EQNX::nobreakspace)December 11, 2026.(EQNX::nobreakspace)

ETF(EQNX::nobreakspace)series(EQNX::nobreakspace)investors(EQNX::nobreakspace)

As of December 11, 2026, ETF series unit creations will be closed, and no new ETF series units will be available. The cap on creations is not expected to affect existing unitholders' ability to sell their ETF series units in the secondary market.(EQNX::nobreakspace)

Additionally, investors may continue to purchase existing ETF series units of the Fund in the secondary market. However, market liquidity, bid-ask spreads and market prices may differ due to the limited supply of outstanding ETF series units, which can lead to the ETF series units trading at a premium to the net asset value (NAV) per unit. As a result of this potential premium, Fidelity does not encourage the purchase of ETF series units given the cap on creations.(EQNX::nobreakspace)

The distribution reinvestment plan(EQNX::nobreakspace)(DRIP) will be(EQNX::nobreakspace)terminated(EQNX::nobreakspace)after(EQNX::nobreakspace)30 days' notice is issued to relevant parties.(EQNX::nobreakspace)Plan participants will be notified through(EQNX::nobreakspace)CDS Clearing and Depository Services(EQNX::nobreakspace)Inc. (CDS).(EQNX::nobreakspace)(EQNX::nobreakspace)

About Fidelity Investments Canada ULC(EQNX::nobreakspace)

At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers,(EQNX::nobreakspace)institutions(EQNX::nobreakspace)and individuals. As the marketplace evolves, we are constantly innovating and offering our clients(EQNX::nobreakspace)choice(EQNX::nobreakspace)of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. With assets under management of(EQNX::nobreakspace)$428(EQNX::nobreakspace)billion (as(EQNX::nobreakspace)at(EQNX::nobreakspace)September 30, 2026),(EQNX::nobreakspace)Fidelity Investments Canada is privately held and committed to helping our diverse clients meet their goals over the long term. Fidelity funds are available through financial advisors and online trading platforms.(EQNX::nobreakspace)

Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed; their values change frequently and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors may experience a gain or loss.(EQNX::nobreakspace)

Find us on social media @FidelityCanada

https://www.fidelity.ca
Listen to(EQNX::nobreakspace)FidelityConnects(EQNX::nobreakspace)on(EQNX::nobreakspace)Apple(EQNX::nobreakspace)or(EQNX::nobreakspace)Spotify(EQNX::nobreakspace)

SOURCE Fidelity Investments Canada ULC

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2026/14/c8310.html

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