Fiera Balanced Ethical Fund
Formerly: Balanced Endowment, Foundation and Trust (EFT) Fund
Strategy Overview
Investment Strategy
- Optimized and diversified investment solution managed by the Multi-Asset Class Solutions (MACS) Team
- Underlying active investment strategies across Public and Private markets and implementation of the Global Tactical Asset Allocation strategy
- Efficient access to Private Market asset classes such as Private Credit, Real Assets, and Private Equity
- Ethical considerations applied across all underlying public market strategies
Highlights
- Inception Date
- April 1, 1993
- Assets Under Management ($M)
- $825 (As of December 31, 2025)
- Price
- $801.7355 (As of April 22, 2026)
- Last Distribution Paid ($)
- $3.2976 (March 31, 2026)
Performance (%)
Annual Performance
| Q4 2025 | YTD - 2025 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balanced EFT Fund | 0.58 | 6.53 | 6.53 | 12.40 | 10.26 | -2.95 | 16.73 | 9.99 | 16.91 | -0.60 | 10.40 | 7.05 |
| Benchmark | 2.06 | 13.92 | 13.92 | 15.31 | 12.27 | -4.92 | 13.30 | 8.96 | 14.81 | -2.21 | 8.25 | 7.79 |
| Value Added | -1.48 | -7.39 | -7.39 | -2.91 | -2.01 | 1.97 | 3.43 | 1.03 | 2.10 | 1.61 | 2.15 | -0.74 |
| % | |
|---|---|
| Balanced EFT Fund | 0.58 |
| Benchmark | 2.06 |
| Value Added | -1.48 |
| % | |
|---|---|
| Balanced EFT Fund | 6.53 |
| Benchmark | 13.92 |
| Value Added | -7.39 |
| % | |
|---|---|
| Balanced EFT Fund | 6.53 |
| Benchmark | 13.92 |
| Value Added | -7.39 |
| % | |
|---|---|
| Balanced EFT Fund | 12.40 |
| Benchmark | 15.31 |
| Value Added | -2.91 |
| % | |
|---|---|
| Balanced EFT Fund | 10.26 |
| Benchmark | 12.27 |
| Value Added | -2.01 |
| % | |
|---|---|
| Balanced EFT Fund | -2.95 |
| Benchmark | -4.92 |
| Value Added | 1.97 |
| % | |
|---|---|
| Balanced EFT Fund | 16.73 |
| Benchmark | 13.30 |
| Value Added | 3.43 |
| % | |
|---|---|
| Balanced EFT Fund | 9.99 |
| Benchmark | 8.96 |
| Value Added | 1.03 |
| % | |
|---|---|
| Balanced EFT Fund | 16.91 |
| Benchmark | 14.81 |
| Value Added | 2.10 |
| % | |
|---|---|
| Balanced EFT Fund | -0.60 |
| Benchmark | -2.21 |
| Value Added | 1.61 |
| % | |
|---|---|
| Balanced EFT Fund | 10.40 |
| Benchmark | 8.25 |
| Value Added | 2.15 |
| % | |
|---|---|
| Balanced EFT Fund | 7.05 |
| Benchmark | 7.79 |
| Value Added | -0.74 |
Annualized as at December 31, 2025
| 1 Y | 2 Y | 3 Y | 4 Y | 5 Y | 6 Y | 7 Y | 8 Y | 9 Y | 10 Y | SI | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balanced EFT Fund | 6.53 | 9.43 | 9.70 | 6.39 | 8.38 | 8.65 | 9.79 | 8.44 | 8.65 | 8.49 | 7.84 |
| Benchmark | 13.92 | 14.62 | 13.83 | 8.82 | 9.70 | 9.58 | 10.31 | 8.66 | 8.62 | 8.53 | 7.72 |
| Value Added | -7.39 | -5.19 | -4.13 | -2.43 | -1.32 | -0.93 | -0.52 | -0.22 | 0.03 | -0.04 | 0.12 |
| % | |
|---|---|
| Balanced EFT Fund | 6.53 |
| Benchmark | 13.92 |
| Value Added | -7.39 |
| % | |
|---|---|
| Balanced EFT Fund | 9.43 |
| Benchmark | 14.62 |
| Value Added | -5.19 |
| % | |
|---|---|
| Balanced EFT Fund | 9.70 |
| Benchmark | 13.83 |
| Value Added | -4.13 |
| % | |
|---|---|
| Balanced EFT Fund | 6.39 |
| Benchmark | 8.82 |
| Value Added | -2.43 |
| % | |
|---|---|
| Balanced EFT Fund | 8.38 |
| Benchmark | 9.70 |
| Value Added | -1.32 |
| % | |
|---|---|
| Balanced EFT Fund | 8.65 |
| Benchmark | 9.58 |
| Value Added | -0.93 |
| % | |
|---|---|
| Balanced EFT Fund | 9.79 |
| Benchmark | 10.31 |
| Value Added | -0.52 |
| % | |
|---|---|
| Balanced EFT Fund | 8.44 |
| Benchmark | 8.66 |
| Value Added | -0.22 |
| % | |
|---|---|
| Balanced EFT Fund | 8.65 |
| Benchmark | 8.62 |
| Value Added | 0.03 |
| % | |
|---|---|
| Balanced EFT Fund | 8.49 |
| Benchmark | 8.53 |
| Value Added | -0.04 |
| % | |
|---|---|
| Balanced EFT Fund | 7.84 |
| Benchmark | 7.72 |
| Value Added | 0.12 |
Past performance is not a guarantee or indicator of future results. Inherent in any investment is the risk of loss.
Composite returns, presented gross of management fees
Current benchmark: 45.0% (60% FTSE Short Term Bonds + 40% FTSE Universe Bonds) + 20.0% S&P/TSX Composite + 10.0% S&P 500 (CAD) + 10.0% MSCI EAFE (CAD) + 10.0% MSCI World (CAD) + 5.0% MSCI World CAD Hedged. The benchmark has been modified over time.
Investment Team
Caroline Grandoit FSA, CFA, CERA
She is supported by four analysts, and they combine expertise and experience in financial engineering and quantitative finance to deliver superior client outcomes and service.
Documents
Disclaimer
Please read the simplified prospectus before investing. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this fund is a suitable investment for them.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns.
