Fiera Capital U.S. Equity Fund

As at July 31, 2017 (unless otherwise indicated)

   FUNDGRADE A+ AWARD 2016 WINNER

   

Nadim Rizk, Winner of the Fundata FundGrade® A+ Award for 2016

The FundGrade® A+ Rating is awarded annually to funds that achieve consistently high FundGrade scores through an entire calendar year. The A+ Rating identifies funds with not only the best risk-adjusted returns but also those demonstrating the highest level of consistency. The A+ Rating is a totally objective, transparent, score-based calculation using a grade-point average that ranks funds to determine the annual “best-of-the-best”.

Fund Objective

To achieve over the longer term the highest possible return that is consistent with a fundamental investment philosophy through investment primarily in U.S. equity securities and to provide long-term capital appreciation through a portfolio of broadly diversified securities, by industry, invested primarily in the U.S. market.

Management Style

To achieve over the longer term the highest possible return that is consistent with a fundamental investment philosophy through investment primarily in U.S. equity securities. The Fund’s investment portfolio is constructed using an integrated approach to investing, considering each security based on its own investment merits as well as from its potential effect on the overall risk/reward profile of the Fund. All holdings are viewed in the context of the portfolio and risk is managed through depth of diversification. Economic factors and industry exposures are carefully considered and reviewed in constructing the portfolio.

Reasons to Own the Fund

  • Fundamental bottom up approach
  • Concentrated portfolio (average 25 to 40 holdings)
  • Selection of companies with promising valuation (minimum market cap 1B)
  • Progressive position building -Index Agnostic

Fund Details

Unit price (Class B)
As at 2017/08/22
$21.5873
Asset class U.S. Equity
Fund type Mutual Fund
Number of holdings 29
Size $47 million
Inception September 1, 2013
Fund Codes
Class B SIC 012
Management Fees
Class B 1.00%
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
3.95 12.53 16.50 24.08 18.58 - - 20.36
Calendar returns (Class B) • As at December 31
YTD-2017 2016 2015 2014 2013 2010 2009 2008 2007 2006 2005
11.92 3.76 19.62 23.27 - - - - - - -

Growth of $10,000

Characteristics

Top-10 Holdings (%)
01. Moodys Corp 6.6
02. Johnson & Johnson 5.8
03. Mastercard Inc Class A 4.7
04. Becton Dickinson 4.6
05. US Bancorp Del 4.2
06. Unitedhealth Grp Inc 4.2
07. Pepsico Inc 4.1
08. 3M Company 4.0
09. Oracle Corp 4.0
10. Sherwin Williams Co 3.8
Total 46.0
Asset Allocation (%)
Cash & Short Term 1.1
US Equities 98.9
Total 100.0
Sector Allocation (%)
Energy 0.0
Materials 8.0
Industrials 14.0
Consumer Discretionary 15.8
Consumer Staples 7.7
Health Care 20.3
Financials 22.3
Information Technology 11.9
Telecommunication Services 0.0
Utilities 0.0
Real Estate 0.0
ETF , Index & Others 0.0
Total 100.0
Geographic Allocation (%)
United States 100.0
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.

Read biography

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.