Gestion FÉRIQUE Announces the Replacement of a Portfolio Sub-Manager for the FÉRIQUE American Equity Fund Français
MONTREAL, Nov. 19, 2020 /CNW Telbec/ - As the manager of the FÉRIQUE Funds, Gestion FÉRIQUE announced today the replacement of a sub-manager for the FÉRIQUE American Equity Fund.
On or around December 11, 2020, Columbia Management Investment Advisers LLC will replace Integra Capital Limited as sub-manager of a portion of the FÉRIQUE American Equity Fund. Following this change, Columbia Management Investment Advisers LLC will manage approximately between 65% and 80% of the Fund and River Road Asset Management LLC will manage approximately between 20% and 35% of the Fund. The investment objective of the FÉRIQUE American Equity Fund will remain unchanged.
About Gestion FÉRIQUE
Founded on October 12, 1999, Gestion FÉRIQUE (www.ferique.com) is the manager of the FÉRIQUE Funds. FÉRIQUE 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 15 mutual funds, including 5 portfolios 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 $3 billion in assets under management and over 22,500 clients as of September 30, 2020.
Note: FÉRIQUE is a 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. There may be brokerage fees, trailing commissions, management fees and expenses associated with investment in the Funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values fluctuate frequently and past performance may not be repeated. FÉRIQUE Funds pay management fees to Gestion FÉRIQUE allowing it to assume the fees of the portfolio managers, the fees relating to the marketing or distribution of the FÉRIQUE Funds and the administration fees of the manager of the FÉRIQUE Funds. Management expense ratios vary from one year to another. Each of the FÉRIQUE Funds pays all of its own operating expenses. No commissions are payable by the unitholders for a subscription in the FÉRIQUE Funds if such subscription is made through Services d'investissement FÉRIQUE, the Principal distributor; brokerage fees could however be payable should the subscription be made through another broker.
SOURCE Gestion FÉRIQUE
Hugo Thibault, Vice-President Marketing, Gestion FÉRIQUE, 514 796-9206, [email protected]
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