Fiera launches equity fund

Montreal-based Fiera Capital Corp. has launched Fiera Capital International Equity Fund. This fund invests in the securities issued by global established companies, although holdings will generally exclude North American firms. The fund’s portfolio manager is Fiera’s global equities team, led by Nadim Rizk, senior vice president. Advisor commissions are 0%-5% for front-end sales or 2.5% for deferred sales. Redemption fees begin at 3% in Year 1 and end at zero after Year 3 for the regular DSC schedule. Trailing commissions are 1% for front-end sales; and 0.5% for the first three years of deferred sales, and 1% thereafter. Management fees are 1.9% for A-class units and 0.9% for F-class units. Minimum investment is $5,000.

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