The applicant, Fidelity Investments Canada ULC, applied for exemptive relief to extend the lapse date of the simplified prospectus for the Fidelity Global Growth Private Pool.
The extension was requested to align the fund's prospectus renewal with other funds managed by the applicant, thereby reducing costs and allowing for a consolidated offering document.
The Ontario Securities Commission granted the requested relief, extending the lapse date to April 25, 2024.