Montreal-based Fiera Capital Corp. plans to terminate Strategic Income Allocation Fund sometime after March 20, depending on how soon the fund’s forward agreement is settled.
The fund’s expected closure, which had been written into the initial agreement, had tentatively been set for March 20.
Unitholders will receive the distributed net assets on a pro rata basis. Once that and any outstanding issues set out in the forward agreement are accounted for, the fund will be eliminated.