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Canada's Calling

Canadian fund lets investors tap natural resources.

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This story appears in the September 2006 issue of Entrepreneur. Subscribe »

If you haven't yet noticed, our neighbor to the north is chock-full of energy and natural resources companies that could add some pizzazz to a portfolio.

Since Maxime LeMieux took over as portfolio manager for the Fidelity Canada Fund (FICDX) in 2002, the fund's assets have soared from roughly $80 million to $3 billion. Of course, it wasn't all due to LeMieux's stock picks-the rise in oil prices and the value of the Canadian dollar helped a lot.

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