On this episode, we sit down with portfolio manager and director of research Reetu Kumra. She talks to host Pamela Ritchie about the future of cryptocurrency in Canada, trends in alternative investing, and highlights the Canadian Long/Short alternative fund. Reetu says the crypto market is very volatile, and interesting space.   Since 2023, there have been many changes in the ecosystem including bitcoin halving and bitcoin and Ethereum ETFs being approved in the US. She says bitcoin has become a store of value, showing high correlation with gold in this de-dollarization and debasement movement. Reetu views Bitcoin and Ethereum as diversifiers in a portfolio, as she sees them to be in their very own asset class. She believes adding a 1 to 3% slice in your portfolio can tremendously improve your risk-adjusted returns, signifying it as a true diversifier. Reetu also reminds the audience of the Canadian Long/Short Alternative fund she launched earlier this year. It’s a 130/30 long-short product leveraging Fidelity’s research platform and focusing on Canadian Equities. She adds the investment process involves comprehensive analysis and extensive access to company management, ensuring robust and accurate assessments.   Recorded on June 5th, 2024   At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.