Fiera Capital International Equity Fund

As at May 31, 2017 (unless otherwise indicated)

Fund Objective

The Fund will invest mainly in equity securities of established companies across the world markets, generally excluding North America.

Management Style

Sustainable returns and low volatility are achieved by investing in a concentrated (yet diversified) portfolio of high quality companies, which as a result of unique competitive advantages, are able to generate stable and strong return on invested capital (ROIC) with little dependence on financial leverage, grow shareholder wealth through superior and consistent long term rates of return and preserve capital.

Reasons to Own the Fund

  • High conviction focused portfolio with diversified sources of alpha
  • Experienced management team with a track record of success
  • Strong risk-adjusted returns, top ranking relative to its peers
  • Best-of-breed companies with superior growth potential specific to Europe, Australasia and Far East

Fund Details

Unit price (Class B)
As at 2017/06/23
$11.8471
Asset class International Equity
Fund type Mutual Fund
Number of holdings 32
Size $11 million
Inception January 3, 2017
Fund Codes
Class B SIC 013
Management Fees
Class B 1.15%
Distributions Semi-annual
Minimum Investment $5,000
Subsequent Investment $1,000
Pre-Authorized Cheque Plan Yes
Switches Yes
RSP Eligibility Yes
Settlement T+3

Volatility

Medium
The risk level is 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
- - - - - - - -
Calendar returns (Class B) • As at December 31
YTD-2017 2016 2015 2014 2013 2012 2011 2010 2009 2002 2001
- - - - - - - - - - -

Growth of $10,000

Characteristics

Top-10 Holdings (%)
01. Keyence Corp 6.4
02. Nestle Sa 5.1
03. Unilever Nv Cva 5.1
04. Intercontl Hotels 4.4
05. Intertek Group 4.2
06. Diageo 4.0
07. L'Oreal 3.9
08. Roche Hldgs AG 3.9
09. Novartis AG 3.7
10. Schindler Holding AG 3.7
Total 44.4
Asset Allocation (%)
Cash & Short Term 6.2
International Equities 93.8
Total 100.0
Sector Allocation (%)
Energy 0.0
Materials 4.4
Industrials 28.2
Consumer Discretionary 9.5
Consumer Staples 21.3
Health Care 13.0
Financials 10.1
Information Technology 13.5
Telecommunication Services 0.0
Utilities 0.0
Real Estate 0.0
ETF , Index & Others 0.0
Total 100.0
Geographic Allocation (%)
United Kingdom 25.8
Europe ex-UK 48.8
Japan 13.9
Asia-Pacific 11.4
Canada 0.0
Total 100.0

Management Team

Nadim Rizk, MBA, CFANadim Rizk, MBA, CFA

Senior Vice President and Lead Portfolio Manager, Global Equities

Nadim Rizk is a member of the Global Equity team and is the lead manager of the U.S., International and Global equity strategies.

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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.

Andrew Chan, M.SC.Andrew Chan, M.SC.

Vice President and Portfolio Manager, Global Equities

Andrew Chan is a member of the Global Equity team and is portfolio manager for the U.S., International and Global Equity strategies.

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Mr. Chan has over 13 years of industry experience and joined the firm in 2009. Prior experiences include Senior analyst positions for U.S. and global equities at leading investment management firms.

Mr. Chan graduated from McGill University with a Bachelor of Commerce (BComm), majoring in Finance. He later obtained a Master of Science (M.Sc.) in Finance from HEC Montréal.

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.

The FundGrade A+ rating is used with permission from Fundata Canada Inc., all rights reserved. Fundata is a leading provider of market and investment funds data to the Canadian financial services industry and business media. The FundGrade A+ rating identifies funds that have consistently demonstrated the best risk-adjusted returns throughout an entire calendar year. For more information on the rating system, please visit www.Fundata.com/ProductsServices/FundGrade.aspx.