Thanks to industry leading gains in market share over the past year, Fidelity Investments Canada has moved up to fifth place in assets among Canadian fund complexes. That is up three rungs from a year earlier. If present trends continue, there is a good chance Fidelity will climb higher in 1999.

Fidelity Canada, the wholly owned subsidiary of its U.S. parent, based in Boston, saw its market share among member firms of the Investment Funds Institute of Canada (IFIC) soar in 1998 to 5.84 percent, up 1.67 percent from a year earlier.

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