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Fiera Capital Announces the Termination of imaxx Canadian Dividend Plus Fund
Fiera Capital Announces the Termination of imaxx Canadian Dividend Plus Fund Ca...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n \n \n \n Fiera Capital Announces the Termination of imaxx Canadian Dividend Plus Fund\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n MONTRÉAL, Oct. 14, 2020\n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR\n \n DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n MONTRÉAL,\n \n Oct. 14, 2020\n \n /CNW/ - Fiera Capital Corporation (\"\n \n Fiera Capital\n \n \") (TSX: FSZ) announced today that it intends to terminate imaxx Canadian Dividend Plus Fund (the \"\n \n Fund\n \n \") effective on or about\n \n January 13, 2021\n \n (the \"\n \n Termination Date\n \n \"). Effective today,\n \n October 14, 2020\n \n , the Fund is closed to new purchases including purchases through existing pre-authorized contribution plans. Unitholders may redeem or switch their units of the Fund up to the close of business on the Termination Date.\n \n \n As the Fund prepares to terminate, it may no longer be fully invested in accordance with its stated investment objectives outlined in the simplified prospectus. Fiera Capital will bear all the expenses in connection with the termination of the Fund and will waive any short-term trading fees and redemption fees chargeable in connection with redemptions or switches of units of the Fund prior to the Termination Date.\n \n \n Unitholders who do not redeem or switch their units by the Termination Date will receive proceeds equal to their proportionate share of all property and assets of the Fund attributable to the applicable class of the Fund they own, which is expected to be the class net asset value per unit on the Termination Date multiplied by the number of units held.\n \n \n Registered plan unitholders who do not redeem or switch their units by the Termination Date and who hold their units in client name will be switched to units of imaxx Short Term Bond Fund in lieu of receiving their proceeds in cash. In such case, Class A0 or Class A4 unitholders will receive Class A units of imaxx Short Term Bond Fund and Class F0 or Class F4 uni...