THE 360 NEWSLETTER

Please be advised that effective November 9, 2023, the risk rating of the following funds was increased by Fidelity (“FID”) as follows:

For more detailed information, click here to read Fidelity’s fund notice.

As a reminder, Representatives are expected to review impacted products in their clients’ portfolios upon a risk rating change and re-complete their KYP due diligence process as a risk rating change constitutes a material change to the product. Representatives are also expected to work to resolve suitability concerns within a 3-month period or at the next meeting with the client, whichever takes place first. For a list of your impacted clients, please reach out to your Compliance Officer once the changes have been made in Univeris.

Should you have any questions, please contact our Client Services Department, by email at investia@investia.ca, by phone at 1-888-684-5548 or use the chatbot feature available on the Advisor Centre.