MONTREAL, Aug. 25, 2015 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital"), the investment fund manager of the Fiera Capital Bond Fund (the "Fund"), announces a change to the risk rating of the Fund. Effective today, the risk rating of the Fund is changing from "low to medium" to "low".
In determining the risk ratings, Fiera Capital takes into consideration quantitative factors such as standard deviation and Sharpe ratio and qualitative factors such as investment objectives, investment strategies and asset allocations, sector and geographic diversification, as well as the risk ratings of other mutual funds managed by Fiera Capital and its peers with similar investment mandates and strategies. The Fund was identified as requiring a risk rating change during the course of the annual review of risk ratings performed by Fiera Capital.
This new rating does not reflect any changes to the investment objectives, strategies or management of the Fund's mandate.
The change to the risk ratings will be reflected in the simplified prospectus and fund facts of the Fund which will be filed with the Canadian securities regulators on or about August 28, 2015.
About Fiera Capital Corporation
Fiera Capital Corporation is a leading publicly-traded, independent investment firm with offices in major financial centres across North America. On June 30, 2015, the firm had assets under management of approximately $90 billion. Fiera Capital offers a full array of traditional and alternative investment solutions for institutional, private wealth and retail clients, as well as a proactive and tactical asset allocation process. In the U.S, asset management services are provided by Fiera Capital's U.S. subsidiaries, Bel Air Investment Advisors LLC and Wilkinson O'Grady & Co., Inc. For more information, visit www.fieracapital.com
SOURCE Fiera Capital Corporation