Business
Fiera Investments streamlines and enhances its fund line-up
Fiera Investments streamlines and enhances its fund line-up Canada NewsWire TORO...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n\n\n\nFiera Investments streamlines and enhances its fund line-up\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\nCanada NewsWire\nTORONTO, Oct. 8, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES ORDISSEMINATION IN THE UNITED STATES/\n TORONTO, Oct. 8, 2019 /CNW Telbec/ - In a constant effort to improve the mutual fund product offering available to investors, Fiera Investments LP (\"Fiera Investments\"), the wholly-owned subsidiary of Fiera Capital Corporation (TSX: FSZ) (\"Fiera Capital\" or the \"Firm\") acquired following the strategic partnership formed with Natixis Investment Managers, today announced several changes designed to enhance its mutual fund line-up. Fiera Investments is changing certain elements of the portfolio management function for some of its mutual funds and is terminating a number of others due to their small size and limited investor interest.\nChanges in Portfolio Management and Related Investment Strategies\nEffective on or about October 18, 2019, the portfolio subadvisor for each of the following mutual funds will change to Fiera Capital:\nFiera Canadian Bond Fund and Fiera Canadian Bond Class Fiera Canadian Preferred Share Class and Fiera Canadian Preferred Share Registered Fund Fiera Canadian Dividend Class and Fiera Canadian Dividend Registered Fund Fiera Intrinsic Balanced Class and Fiera Intrinsic Balanced Registered Fund Fiera U.S. Dividend Class and Fiera U.S. Dividend Registered Fund The investment strategies of Fiera Canadian Bond Fund, Fiera Canadian Preferred Share Class, Fiera Canadian Dividend Class, Fiera Intrinsic Balanced Class and Fiera U.S Dividend Class will also be changed in order to reflect Fiera Capital's investment style and to provide Fiera Capital more flexibility in achieving the mutual funds' investment objectives, which will all remain unchanged. \nEach of Fiera Canadian Bond Class, Fiera Canadian Preferred Share Registered Fund, Fiera Canadian Dividend Registered Fund, Fiera Intrinsic Balanced Registered Fund and Fiera U.S. Dividend Registered Fund seeks to achieve...