Fiera Canadian Bond Class

NXG 1398
Fund Code
2010-03-08
Inception Date
$150,710,534
As of 2020-03-27
Total Net Assets
$9.0945
(Dividend, F)
As of 2020-03-27
NAVPS
Canadian Fixed Income
Asset Class
FTSE Canada Universe Bond Index
Benchmark

Fund Update

10/18/19 On October 18, 2019, the sub-advisor for the fund was changed from J. Zechner Associates Inc. to Fiera Capital Corporation. Changes in the investment strategies of the fund were made because of the sub-advisor change. Portfolio allocations and performance measurement periods prior to this date are reflective of the previous investment strategy.

Fund Overview

Investment Objective

  • Pursues a steady flow of income while preserving capital primarily through investment in Canadian fixed income securities.
  • Fiera Canadian Bond Class seeks to achieve the investment objective through the investment of substantially all its portfolio assets in units of Fiera Canadian Bond Fund.

Investment Strategy

  • The Portfolio Manager will deploy investment strategies based on fundamental, technical, sentiment and seasonality based analysis. This will allow the Manager to identify macroeconomic and medium to long term economic trends, exploit short and medium-term investment opportunities, avoid market excess and help identify contrarian positioning as well as recognize seasonal movements in the Canadian bond market.
  • The Fund may invest up to 100% of the cost of its net assets in Fixed Income securities issued by the Government of Canada.
  • The Fund may invest up to 75% of the cost of its net assets in Fixed Income securities issued by the Government of a Canadian province.
  • The Fund may invest up to 15% of the cost of its net assets in Fixed-Income securities issued by Municipalities and government-backed securities.
  • The Fund may invest up to 45% of the cost of its net assets in Corporate bonds.
  • The Fund may invest up to 10% of the cost of its net assets in Maple bonds.
  • The Fund may invest up to 10% of the cost of its net assets in preferred shares.
  • The Fund may invest up to 50% of the cost of its net assets in foreign securities.

Reasons to own the fund

  • Investors seeking primarily conservative longer term fixed income returns and preservation of capital.

Sales and Support

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