Bringing you live news and features since 2006 

Fiera Capital closes Defensive US Equity Mutual Fund

RELATED TOPICS​

Fiera Capital Corporation, the investment fund manager of the Fiera Capital Defensive US Equity Fund has announced the closure of the Fund, effective on or about 6 September, 2016.

This closure applies only to the Fund (available through Fiera Capital's retail offering). This decision was made primarily as a result of the small number of unitholders and assets under management in the Fund.

As of 3 June, 2016, units of the Fund will no longer be available for investments, including additional purchases by existing unitholders and through regular investment plans.

In accordance with securities legislation, a notice of termination has been sent to unitholders of the Fund.

Fiera Capital encourages unitholders of the Fund to consult with their advisors to understand the financial and tax implications of switching and redeeming their units and to determine the solution that best meets their individual investment needs and circumstances.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by