Canadian Equities Top Advisor Preferences Amid Global Volatility — Fidelity Investments Canada ULC

Event summary

Fidelity Investments Canada's latest poll of 1,700+ advisors shows Canadian equities as the top asset class for increased exposure, surpassing bonds and gold.
Canada was also chosen as the most compelling investment region, ahead of Emerging Markets, the U.S., and Europe.
Fidelity's Canadian Global Asset Allocation Team manages $118 billion and is overweight Canadian assets due to global commodity demand.
The poll was conducted May 5-6, 2026 during Fidelity FOCUS 2026, which gathered over 4,000 advisors.
Fidelity Investments Canada has $396 billion in assets under management as of May 12, 2026.

The big picture

Fidelity's data reflects a strategic pivot toward Canadian equities as advisors seek stability in volatile markets. This shift aligns with broader trends favoring reliable commodity producers amid global supply constraints. With $396 billion in AUM, Fidelity's positioning underscores Canada's growing role in asset allocation strategies. The trend may signal longer-term structural changes in portfolio construction as geopolitical risks persist.

What we're watching

Commodity Dependence: How sustained global demand for commodities will affect Canadian equities' appeal...
Regional Stability: Whether Canada's perceived stability can outperform other regions amid geopolitical uncertainty...
Advisor Allocation Shifts: The pace at which advisors rebalance portfolios toward Canadian assets...