Fiera Capital Announces the Termination of imaxx Canadian Bond Fund and of imaxx Equity Growth Fund

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

MONTREAL, Sept. 21, 2022 /CNW/ - Fiera Capital Corporation ("Fiera Capital") (TSX: FSZ) announced today that it intends to terminate imaxx Canadian Bond Fund and imaxx Equity Growth Fund (each a "Fund" and together the "Funds") effective on or about December 21, 2022 (the "Termination Date"). Unitholders may redeem their units of the Funds up to the close of business on the Termination Date. The Funds were previously closed and remain closed to new purchases including purchases through existing pre-authorized contribution plans.

As each Fund prepares to terminate, it may no longer be fully invested in accordance with its stated investment objectives outlined in the simplified prospectus.

Fiera Capital will waive any short-term trading fees and redemption fees chargeable in connection with the redemption of units of the Funds prior to the Termination Date.  Unitholders who do not redeem their units by the Termination Date will receive proceeds equal to their proportionate share of all property and assets of the Fund(s) attributable to the applicable class of the Fund(s) they own, which is expected to be the class net asset value per unit on the Termination Date multiplied by the number of units held for each Fund.

Registered plan unitholders who do not redeem their units by the Termination Date and who hold their units in client name will be switched to units of imaxx Short Term Bond Fund in lieu of receiving their proceeds in cash. In such case, Class A unitholders will receive Class A units of imaxx Short Term Bond Fund and Class F unitholders will receive Class F units of imaxx Short Term Bond Fund. Fiera Capital will waive any redemption or switch fees payable in connection with effecting this switch.

About Fiera Capital Corporation

Fiera Capital is a leading independent asset management firm with a growing global presence and approximately C$156.7 billion in assets under management as of June 30, 2022. The Company delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia. Fiera Capital's depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com

Headquartered in Montreal, Fiera Capital, with its affiliates in various jurisdictions, has offices in over a dozen cities around the world, including New York (U.S.), London (UK), and Hong Kong (SAR).

In the U.S., asset management services are provided by the Company's affiliates who are investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC) or exempt from registration. Registration with the SEC does not imply a certain level of skill or training. For details on the particular registration of, or exemptions therefrom relied upon by, any Fiera Capital entity, please consult this webpage.

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

Fiera Capital Corporation, Fiera Retail Markets, 514-954-3725 or 1‑866-323-5598 (toll free), [email protected]