News
Fiera Capital lowers management fees for three mutual funds
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MONTREAL, Feb. 2, 2017 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Firm"), as manager of the Fiera Capital Global Equity Fund, the Fiera Capital Defensive Global Equity Fund and the Fiera Capital U.S. Equity Fund (collectively the "Funds"), announced today that the management fees for the Funds had been reduced, effective February 3, 2017.
The management fees for the Funds have been reduced as detailed in the chart below:
|
Fund |
Current Management Fee |
New Management Fee |
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|
Fiera Capital Global Equity Fund |
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|
Class A Units Class AH Units Class B Units Class F Units Class FH Units |
2.25% 2.27% 1.50% 1.25% 1.27% |
1.90% 1.92% 1.15% 0.90% 0.92% |
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|
Fiera Capital Defensive Global Equity Fund |
|||||
|
Class A Units Class B Units Class F Units |
2.25% 1.50% 1.25% |
1.95% 1.20% 0.95% |
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|
Fiera Capital U.S. Equity Fund |
|||||
|
Class A Units Class B Units Class F Units |
2.00% 1.25% 1.00% |
1.75% 1.00% 0.75% |
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About Fiera Capital Corporation
Fiera Capital is a leading North American independent asset management firm with more than CAD$116 billion in assets under management as at December 31, 2016. The Firm provides institutional, retail and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Clients and their portfolios derive benefit from Fiera Capital's depth of expertise, diversified offerings and outstanding service. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com
In the U.S., asset management services are provided by the Firm's U.S. affiliates, Bel Air Investment Advisors LLC and Fiera Capital Inc., investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training. Additional information about Fiera Capital Corporation, including the Firm's annual information form, is available on SEDAR at www.sedar.com
SOURCE Fiera Capital Corporation
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