MONTRÉAL, Sept. 26, 2016 /CNW Telbec/ - As manager of the FÉRIQUE Funds, Gestion FÉRIQUE announced today a new structure for its FÉRIQUE Balanced and Balanced Growth Funds, to take effect on or about November 1. From that date, three underlying funds will be incorporated into these Funds, namely the FÉRIQUE Diversified Income Fund, the NEI Northwest Emerging Markets Fund and the TD Emerging Markets Fund.
These changes are designed to ensure strategic optimization of the Funds' geographic allocation. With the addition of underlying funds to these two funds of funds, the target weightings have been revised as follows:
| FÉRIQUE Balanced Fund |
FÉRIQUE Balanced Growth Fund |
|||
| Before |
On or after |
Before |
On or after |
|
| FÉRIQUE Bond Fund |
38.0% |
31.5% |
28.0% |
24.0% |
| FÉRIQUE Diversified Income Fund |
0.0% |
7.5% |
0.0% |
5.0% |
| FÉRIQUE Dividend Fund |
15.0% |
15.0% |
0.0% |
0.0% |
| FÉRIQUE Equity Fund |
15.0% |
10.0% |
25.0% |
20.0% |
| FÉRIQUE American Fund |
15.0% |
15.0% |
20.0% |
20.0% |
| FÉRIQUE European Fund |
10.0% |
10.0% |
15.0% |
15.0% |
| FÉRIQUE Asian Fund |
5.0% |
5.0% |
10.0% |
10.0% |
| NEI Northwest Emerging Markets Fund |
0.0% |
2.5% |
0.0 % |
2.5% |
| TD Emerging Markets Fund |
0.0% |
2.5% |
0.0% |
2.5% |
| Money Market |
2.0% |
1.0% |
2.0% |
1.0% |
The Funds' investment objective and risk level will not change as a result of the new structure. For more information, consult the Modification no1 made to the Simplified Prospectus as of June 30, 2016 at ferique.com.
About Gestion FÉRIQUE
Founded on October 12, 1999, Gestion FÉRIQUE (ferique.com) is the manager of the FÉRIQUE Funds, launched in 1974 by the Ordre des ingénieurs du Québec. It is the only not-for-profit mutual fund company in Canada whose sole purpose is to serve the interests of engineers, engineering graduates and their families. The firm offers 12 mutual funds diversified across all asset classes. Management of the Funds is entrusted to renowned investment firms, handpicked by Gestion FÉRIQUE based on their asset class expertise. FÉRIQUE Funds have more than $2 billion in assets under management and approximately 22,000 unitholders.
Note: FÉRIQUE is a registered trademark of Gestion FÉRIQUE and is used under license by its subsidiary, Services d'investissement FÉRIQUE. Gestion FÉRIQUE is an Investment Fund Manager and assumes management duties in relation to the FÉRIQUE Funds. Services d'investissement FÉRIQUE is a Mutual Fund Dealer and a Financial Planning Firm, as well as the Principal distributor of the FÉRIQUE Funds. Please note that for commercial purposes, Services d'investissement FÉRIQUE is also known in English as FÉRIQUE Investment Services. There may be brokerage fees, trailing commissions, management fees and expenses associated with investment in the Funds. Management expense ratios vary from one year to another. Please read the prospectus before investing. Mutual funds are not guaranteed, their values fluctuate frequently and past performance may not be repeated.
SOURCE Gestion FÉRIQUE
Maude La Roche, Assistant Director, Marketing, Gestion FÉRIQUE, 514-840-9206, ext. 540, [email protected]
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