MONTREAL, Aug. 25, 2015 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital") announced today its intention to terminate the Fiera Tactical Bond Yield Fund (the "Fund") and the Fiera Tactical Bond Yield Fund II (the "Fund II", and collectively with the Fund, the "Funds"), effective November 30, 2015. As a result, the investment activities of the Funds will be suspended and, effective immediately, the Funds will be closed to new purchases of units. This decision was made primarily as a result of the small number of unitholders and assets under management in the Funds.
In accordance with applicable securities legislation and the amended and restated trust agreement of the Funds, unitholders will be provided 90 days' advance written notice of the termination.
About Fiera Capital Corporation
Fiera Capital Corporation is a leading publicly-traded, independent investment firm with offices in major financial centres across North America. As at 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