Fiera Capital Balanced Fund

As at July 31, 2017 (unless otherwise indicated)

Fund Objective

The objective of the Fund is to achieve over a longer-term investment horizon, the highest possible return that is consistent with a fundamental investment philosophy which emphasizes broad diversification across and within all major security classes. The Fund invests primarily in Canadian equity and fixed-income securities.

Management Style

The fund combines the strengths and experience of our Canadian Equity, Bond and Global Equity investment teams. Our active asset allocation team seeks to generate attractive returns and offer effective capital protection throughout the economic cycle.

Reasons to Own the Fund

  • Fundamental-based asset allocation
  • Multi-manager approach, combining experience and performance
  • Diversified core investment solution

Fund Details

Unit price (Class B)
As at 2017/08/22
$20.6570
Asset class Canadian Equity Balanced
Fund type Mutual Fund
Number of holdings 145
Duration 8.3 1
Size $79 million
Inception November 22, 1985
Fund Codes
Class B SIC 001
Management Fees
Class B 1.25%
Distributions Monthly
Minimum Investment $5,000
Subsequent Investment $1,000
Pre-Authorized Cheque Plan Yes
Switches Yes
RSP Eligibility Yes
Settlement T+3

Volatility

Low to Medium
The risk level is Low to Medium

Performance (%)

Compounded returns (Class B) • As at April 30, 2017
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs 5 Yrs 10 Yrs SI
1.87 5.45 5.66 11.89 6.86 8.40 4.70 7.39
Calendar returns (Class B) • As at December 31
YTD-2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
5.41 5.52 4.04 11.24 14.41 4.68 -0.56 9.02 16.81 -18.82 2.30

Growth of $10,000

Characteristics

Top-10 Holdings (%)
01. Canada Sep 07 17 4.8
02. Canada Govt 2.75 Dec 01 48 2.6
03. Royal Bank of Canada 2.5
04. Toronto Dominion BK 2.1
05. Canada Oct 05 17 1.8
06. Brookfield Asset Mgmt 1.5
07. Bank of Nova Scotia 1.4
08. Moodys Corp 1.4
09. Waste Connections 1.3
10. Keyence Corp 1.2
Total 20.6
Asset Allocation (%)
Cash & Short Term 6.9
Bonds 27.7
Canadian Equities 39.5
Foreign Equities 25.9
Total 100.0
Sector Allocation (%) 2
Energy 8.7
Materials 8.3
Industrials 16.8
Consumer Discretionary 10.6
Consumer Staples 8.2
Health Care 6.7
Financials 24.6
Information Technology 10.7
Telecommunication Services 1.2
Utilities 2.2
Real Estate 1.9
ETF , Index & Others 0.0
Total 100.0
Geographic Allocation (%) 2
United States 22.5
United Kingdom 4.1
Europe ex-UK 8.1
Japan 2.7
Asia-Pacific 2.0
Canada 60.6
Total 100.0

Management Team

François Bourdon, FCIA, FSA, CFA, PRMFrançois Bourdon, FCIA, FSA, CFA, PRM

Chief Investment Solutions Officer

François Bourdon is Chief Investment Solutions Officer at Fiera Capital. In this role, Mr. Bourdon supports our business units in the development of new investment strategies, in collaboration with the CIO Office.

Read biography

He is also responsible for communicating Fiera Capital’s views related to the economy and investments and is jointly responsible for asset allocation decisions as well as for the management of the Global Bond, Multi Strategy Income and other non-traditional income strategies.

Mr. Bourdon has 21 years of industry experience and has been with the firm since its inception. Over the course of his career, he has held various positions including Associate Chief Investment Officer, Portfolio Manager - Quantitative Research, Director - Sales Strategies and Product Development as well as a consultant with leading Canadian investment management and life insurance organizations.

Mr. Bourdon graduated from Concordia University with a Bachelor of Mathematics (BMath) with a major in Actuarial Sciences. He later became a Fellow of the Society of Actuaries (FSA) and a fellow of the Canadian Institute of Actuaries (FCIA). He also obtained the Chartered Financial Analyst (CFA) and Professional Risk Manager (PRM) designations.

Documentation

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.