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TSX:CIX 1 April 2026

Fidelity to Close Eight Canada Funds as Freedom 2045, 2015 Beat Benchmarks in Q4

Fidelity to Close Eight Canada Funds as Freedom 2045, 2015 Beat Benchmarks in Q4

Fidelity Investments Canada will close eight funds, with most terminations expected around July 24. The closures include several high-income ETFs and funds, plus two corporate-class funds pending securityholder approval in June. The affected products are already closed to new investors. Separately, Fidelity’s Freedom 2045 and 2015 funds outperformed their benchmarks in late 2025.
1 April 2026
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Stock Market Today

  • Genmab Shares Hover 23% Below Fair Value Amid Volatile Trading
    April 1, 2026, 9:20 AM EDT. Genmab's stock (CPSE:GMAB) has seen recent volatility with a 3.9% rise over seven days but a 7.3% dip over 30 days. The share price closed at DKK1,713, trading about 23.4% below the estimated fair value of DKK2,238 derived from growth and margin forecasts. Positive Phase III trial results and pipeline expansion support the bullish outlook, driven by rising cancer treatment demand. However, valuation faces risks from drug pricing pressures and execution on key assets like Epkinly. The stock trades at a price/earnings ratio of 16.9 versus peers at 15.9, suggesting mixed investor expectations. Investors should weigh these factors amid choppy short-term momentum despite a 31.2% total return over the past year.
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