Gestion Ferique, manager of the Ferique Funds, today announced the appointment of Montrusco Bolton Investments Inc. as one of the investment advisors of the Ferique Equity Fund. The appointment takes effect on April 10.

Montrusco Bolton will share Ferique Equity Fund’s management responsibilities with Natcan and Barclays, and invest one third of the assets using a “Growth at a Reasonable Price” style. Adding a third investment advisor aims to provide better market-capitalization and investment-style diversification for
the fund.

“We seek to provide our investors with quality products that carry a reasonable level of risk and high-calibre professional management. As such, we are very pleased to welcome Montrusco Bolton to our external management team, which now includes nine companies, all well-known in their respective fields of expertise,” said Fabienne Lacoste, executive director of Gestion Ferique, in a news release.

“Montrusco Bolton meets all the criteria on which we focused our internal research process, primarily, the experience of the appointed team, the amount of assets under management in large and small cap Canadian equities, and the complementary investment styles of the new adviser and the other two firms involved in managing the Ferique Equity Fund,” added Lacoste.

Ferique Equity Fund was launched in 1974 and represents over $340 million in total assets.

Gestion Ferique manages the Ferique Funds, a family of eight mutual funds created primarily for engineers and their families.