Fiera Capital Income Opportunities Fund NAV Error

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/ NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISTRIBUTION IN UNITED STATES/

MONTREAL, August 17, 2020 / CNW Telbec / – Fiera Capital Corporation (“Fiera Capital“), the investment fund manager of Fiera Capital Income Opportunities Fund (“Funds“) announced today that the estimated net asset value per unit (“NAV“) of the Fund was incorrect for the period of May 5, 2020 To June 9, 2020. The anomaly is the result of an administrative error by the Fund’s valuation service provider. Fiera Capital has reviewed the details with the service provider and has measures in place to prevent recurrence. The NAVs were then recalculated and were lower than the NAV published throughout the period, the maximum difference being $ 0.2364 on a declared net asset value of $ 8.0063, for a difference of 2.86%. There were redemptions of the NAVs initially published during this period. Fiera Capital intends to reimburse the Fund for the overpayment to unitholders who request redemption.

About Fiera Capital Corporation

Fiera Capital is a leading independent global asset management firm with approximately C $ 171.0 billion in assets under management at June 30, 2020. The Company offers institutional, retail and private wealth clients access to full-service integrated fund management solutions in traditional and alternative asset classes. Fiera Capital’s in-depth expertise, diverse investment platform and commitment to providing exceptional service are at the heart of our mission to be at the forefront of the science of investment management in order to build wealth. sustainable for customers. Fiera Capital trades under the symbol FSZ on the Toronto Stock Exchange. www.fieracapital.com

Based at Montreal, Fiera Capital, with its subsidiaries in various jurisdictions, has offices in more than a dozen cities around the world, including new York (WE), London (United Kingdom) and Hong Kong (SAR).

In the United States, asset management services are provided by the United States subsidiaries of the Company which are investment advisers registered with the United States Securities and Exchange Commission (SEC) or exempt from registration. Registration with the SEC does not imply a certain level of skill or training. For more details on the particular registration or exemptions invoked by any entity of Fiera Capital, please refer to this Web page.

Additional information about Fiera Capital Corporation, including the Company’s Annual Information Form, is available on SEDAR at www.sedar.com.

SOURCE Fiera Capital Corporation

For further information: Vincent Bruzzese, Assistant Vice-President, Strategic Partnerships at 514-954-3725 or [email protected]

Related links

http://www.fieracapital.com


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