Q: Hi Team,

What are your thoughts on Fidelity Global Innovators ETF (FNN-T)?
Would you consider it a buy at the moment?

Are there any similar funds in the same category or style that you would recommend instead?

Thanks very much for your insights,

Jacques IDS

Q: Greetings,

I am honestly perplexed by the current performance of the S&P 500. I don't understand why the valuations are near all time highs. From my point of view the uncertainty with tariffs (now settling on with alot of baseline tariffs), the revision in the jobs report, the firing of people who report info the president doesn't like, and the pressure mounting on the federal reserve make the current price levels not make sense to me. Is it because the market is pricing in higher inflation or expects the tariffs to help the US economy? I understand the market is complex but would it be possible for you to shed some light so I can better understand why the market is as high as it is?

Thanks in advance,
Aidan

Q: If you were setting up a diversified unregistered account for yourself from scratch using US ETFs today, for a long-term hold:

How would you approach this?
What would ETFs would you pick?
What percentage would you put in each?

Please charge multiple questions as needed. Thanks very much.