This information is for advisors only and is not to be provided to current or potential investors. The Fiera Capital Mutual Funds (the “Funds”) are offered pursuant to a simplified prospectus. The simplified prospectus contains important information about the Funds, including their investment objective and strategies, purchase options, applicable management fees, other charges and expenses, and should be read carefully before advising a client to invest in the Funds. Commissions, trailing commissions, management and performance fees and expenses all may be associated with investments in the Funds. The Funds are not guaranteed, their values change frequently and past performance may not be repeated. 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 unit holder that would have reduced returns.
To achieve over the longer term the highest possible return that is consistent with a fundamental investment philosophy through investment primarily in foreign equity securities.
To provide long-term capital appreciation through a portfolio of broadly diversified securities, by region and industry, invested primarily in the U.S. and international markets.
The Fund will, through the use of risk and portfolio management techniques, reduce the draw down potential that is typical of long only equity portfolios. This active management is expected to provide a margin of safety and, over the long term, smooth out the returns in comparison to long only equity portfolios.
The Fiera Capital Defensive Global Equity Fund (the “Fund”) overlays risk and portfolio management techniques on a portfolio of global equity securities selected by the managers of the underlying Fiera Capital Global Equity Fund (the “Underlying Fund”). The equity portfolio of the Underlying Fund invests in best-of-breed companies with superior growth potential at attractive prices and takes a bottomup, research focused approach. There is an emphasis on stock selection rather than sector allocation within a focused yet diversified portfolio. The Fund then employs risk and portfolio management techniques on the portfolio which include purchasing put options, writing call options, and initiating stop loss limits thereby reducing equity exposure in order to ensure that downside risks are limited.
Reasons to Own the Fund
- Provide long term capital appreciation by investing primarily in global equity securities
- Complimented by active management expected to smooth out returns and protect against losses typical of long only equity portfolios
- Attempt to enhance returns and reduce volatility by providing a margin of safety over the long term in comparison to long only global equity portfolios.
|Unit price (Class B)
As at 2017/06/23
|Asset class||Global Equity|
|Fund type||Mutual Fund|
|Number of holdings||49|
|Inception||September 30, 2014|
|Class B||SIC 024|
|Pre-Authorized Cheque Plan||Yes|
|1 Mth||3 Mths||6 Mths||1 Yr||3 Yrs||5 Yrs||10 Yrs||SI|
Growth of $10,000
|Top-10 Holdings (%)|
|04.||Johnson & Johnson||4.3|
|06.||Mastercard Inc Class A||3.8|
|08.||Unilever Nv Cva||3.3|
|10.||Sherwin Williams Co||2.9|
|Geographic Allocation (%)|
|Sector Allocation (%)|
|ETF , Index & Others||0.0|
|Short Term & Currency||1.2|
|Portfolio Risk Contribution (%)|
|ETF , Index, Futures & Others||-15.9|
Nadim Rizk, MBA, CFA
Senior Vice President and Lead Portfolio Manager, Global Equities
Mr. Rizk has over 19 years of industry experience and joined the firm in 2009. Prior experiences include positions as Head of Global Equities, Lead manager for U.S. and Global equity portfolios, as well as Senior Global Research Analyst positions at some of Canada’s leading investment management firms.
Mr. Rizk graduated from the American University of Beirut with a Bachelor of Business Administration (BBA), majoring in Finance. He later obtained a Master of Business Administration (MBA) from McGill University and also obtained the Chartered Financial Analyst (CFA) designation.
- Fund Profile
- Fund Facts
- Simplified Prospectus
- Simplified Prospectus – Amendment
- Annual Information Form
- Annual Information Form – Amendment
- IRC Annual Report
- Summary of Investment Portfolio
- Annual Financial Statements
- Semi-Annual Financial Statements
- Annual Management Report on Fund Performance
- Semi-Annual Management Report on Fund Performance