Strategy Overview
Strategy Description
The Fiera Cash in Action strategy is an actively managed cash management solution whose primary objectives are to provide robust liquidity and preserve capital, with a secondary focus on generating the highest possible income within a risk-controlled environment.
The strategy employs a combination of top-down macroeconomic and bottom-up credit analysis to benefit from both spread variations and interest rate fluctuations to generate consistent outperformance across all market environments.
Key Differentiators
- Experienced fixed income team working together for over 20 years with specialized credit sector responsibilities
- Highly liquid, highly secure fund benefitting from the same rigorous credit research and approval process that underpins all Integrated Fixed Income strategies
- Cash management solution with 30+ year track record developed in conjunction with Canadian universities, emphasizing liquidity and capital preservation
Highlights
- Inception Date
- April 1, 2013
- Assets Under Management ($M)
- $484 (As of March 31, 2026)
- Price
- $10.0000 (As of June 16, 2026)
- Last Distribution Paid ($)
- $0.0007 (June 16, 2026)
- Process
- Top-down and bottom-up analysis
- Performance Objective
- FTSE Canada 30‑day T-bills +0.15%
- Minimum Credit Rating
- R1 Mid
- Maximum Maturity
- 60 days for each holding
Performance
Performance Per Period (%)
| Q1 2026 | YTD - 2026 | 1 Y | 3 Y | 5 Y | 10 Y | SI | |
|---|---|---|---|---|---|---|---|
| Cash in Action Strategy | 0.56 | 0.56 | 2.60 | 3.97 | 3.00 | 2.04 | – |
| FTSE Canada 30 Day T-Bill Index | 0.54 | 0.54 | 2.51 | 3.88 | 2.89 | 1.90 | – |
| Value Added | 0.02 | 0.02 | 0.09 | 0.09 | 0.11 | 0.14 | – |
| Cash in Action Strategy | 0.56 |
|---|---|
| FTSE Canada 30 Day T-Bill Index | 0.54 |
| Value Added | 0.02 |
| Cash in Action Strategy | 0.56 |
|---|---|
| FTSE Canada 30 Day T-Bill Index | 0.54 |
| Value Added | 0.02 |
| Cash in Action Strategy | 2.60 |
|---|---|
| FTSE Canada 30 Day T-Bill Index | 2.51 |
| Value Added | 0.09 |
| Cash in Action Strategy | 3.97 |
|---|---|
| FTSE Canada 30 Day T-Bill Index | 3.88 |
| Value Added | 0.09 |
| Cash in Action Strategy | 3.00 |
|---|---|
| FTSE Canada 30 Day T-Bill Index | 2.89 |
| Value Added | 0.11 |
| Cash in Action Strategy | 2.04 |
|---|---|
| FTSE Canada 30 Day T-Bill Index | 1.90 |
| Value Added | 0.14 |
| Cash in Action Strategy | – |
|---|---|
| FTSE Canada 30 Day T-Bill Index | – |
| Value Added | – |
Past performance is not a guarantee or indicator of future results. Inherent in any investment is the risk of loss.
Pooled fund performance, net of management fees.
Performance returns are annualized for periods of 1 year and up.
Investment Team
Jeff Seaver is a Portfolio Manager on the Integrated Fixed Income team where he is responsible for managing various fixed income portfolios.
He is supported by the credit analysis skills of the Integrated Fixed Income Team as well as by a trader dedicated to treasury management.
Documents
Important Disclosures
Nothing on this website should be viewed as a recommendation, offer or solicitation to buy or sell any security or investment and does not constitute investment, legal, tax or accounting advice. Services are offered only to qualified investors and only in accordance with applicable laws and regulations in each relevant jurisdiction. Information is believed to be accurate as of the publication date but may change without notice; no warranty is provided, and Fiera Capital and its affiliates disclaim liability for its use.
Past performance is not a guarantee of future results. Inherent in any investment is the potential for loss. Target returns are aspirational, forward-looking and do not represent actual performance. There is no guarantee that such performance will be achieved, and actual results may vary substantially. Metrics (e.g., exposures, ratios, characteristics) are for reference only and may not capture all relevant factors. Different metrics may lead to materially different conclusions; Any specific holdings mentioned are for illustration only, and may not represent the full portfolio, past holdings, or future positions. Indices are unmanaged, not investable, and do not reflect fees or expenses. Index comparisons are provided for context and portfolio holdings may differ significantly from those of any index; All investment strategies involve risks, including market, economic, financial, operational, liquidity, valuation, and regulatory risks. Certain strategies may use leverage, derivatives, or concentrated exposures, which can increase volatility and risk of loss; No strategy, diversification approach, or risk management technique can eliminate risk, or guarantee returns in all market environments; Investors should review relevant governing documents and consult their own advisers before making investment decisions.
Environmental, social, governance (“ESG”) or impact related goals, commitments, or initiatives referenced on this website are voluntary, may not apply uniformly across strategies, and may be modified or discontinued at Fiera Capital’s discretion. ESG-related processes do not guarantee any specific investment outcome.