Fidelity Investments Canada Ltd. is now offering Fidelity Capital Structure Corp. Comprising 18 capital classes diversified by region, sector and asset category, the structure enables investors to switch between classes without triggering immediate capital gains taxes.

Also known as umbrella or corporate structure, or tax efficient funds, capital classes are generally suitable for investment within a non-registered plan. Capital classes have steadily grown in popularity over the past several years.

Wilfred Vos, Fidelity’s vice president of Product Development said today, “Investors should never allow their investment strategy to be driven solely by tax considerations. However, as they work with their financial advisors to chart long-term investing plans, investors need to think about whether they will want to periodically re-balance the non-registered portion of their portfolio as their life situation or market conditions change. If the answer to this is ‘yes’ — and we know most people’s lives and investing needs do change over time — then capital classes enable them to make these changes without triggering capital gains taxes. Now they can make this choice with classes from the world’s largest mutual fund manager.”

Fidelity Capital Structure Corp. comprises a broad range of Canadian and global investing choices including:

  • Fidelity Canadian Growth Company Class
  • Fidelity Disciplined Equity Class
  • Fidelity True North(R) Class
  • Fidelity American Opportunities Class
  • Fidelity Growth America Class
  • Fidelity Small Cap America Class
  • Fidelity European Growth Class
  • Fidelity Far East Class
  • Fidelity International Portfolio Class
  • Fidelity Japanese Growth Class
  • Fidelity Focus Consumer Industries Class
  • Fidelity Focus Financial Services Class
  • Fidelity Focus Health Care Class
  • Fidelity Focus Natural Resources Class
  • Fidelity Focus Technology Class
  • Fidelity Focus Telecommunications Class
  • Fidelity Canadian Balanced Class
  • Fidelity Canadian Short Term Income Class



Each class is available in both Series A and Series F shares.