Fiera Capital announces final distribution amounts for the special distributions for 2015 year-end

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

TORONTO and MONTREAL, Jan 8, 2016 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital"), a leading independent asset management firm, announced final amounts for the special distributions to be made by each of the North American Preferred Share Fund and Senior Secured Floating Rate Loan Fund (collectively the "Funds").

Final Distribution Amounts for the Special Distributions:

The following special distributions will be paid in units, and immediately thereafter, the issued and outstanding capital of each fund will be consolidated such that the number of issued and outstanding units of each fund does not change. The final distribution amounts have been determined now that each fund's year-end tax position is finalized. The estimated distribution amount for the North American Preferred Share Fund announced on December 21, 2015 has been revised to reflect the allocation of capital gains realized in connection with the November 27, 2015 annual redemption to unitholders whose units were redeemed on that date.  For unitholders whose units were so redeemed and who held units on capital account, this allocation generally will not affect the tax character of the amount received in connection with that redemption. 

Fund

TSX
Symbol

Distribution
Amount (per unit)

Record Date

Payment Date

North American Preferred
Share Fund

NPF.UN

$0.2202

December 31,
2015

January 15,
2016

Senior Secured Floating Rate
Loan Fund (class A)

FRL.UN

$0.0636

December 31,
2015

January 15,
2016

Senior Secured Floating Rate
Loan Fund (class U)

Not Listed

$0.0435 (USD)

December 31,
2015

January 15,
2016

 

About Fiera Capital Corporation

Fiera Capital Corporation is a leading North American independent asset management firm listed on the Toronto Stock Exchange. The firm offers a wide range of traditional and alternative investment solutions, including depth and expertise in asset allocation. At September 30, 2015, Fiera Capital's AUM was approximately CAD$89 billion. The firm delivers distinctive investment management capabilities to institutional, private wealth and retail clients in Canada. In the U.S., asset management services are provided by its U.S. affiliates, which are investment advisers registered with the U.S. Securities and Exchange Commission. For more information, visit www.fieracapital.com.

 

SOURCE Fiera Capital Corporation

For further information: For inquiries regarding the Funds, please contact Stephen Kangas, Senior Vice President, Marketing and Product Development, Retail Markets, Fiera Capital at 416-955-4929 or visit www.fieracapital.com.

RELATED LINKS
http://www.fieracapital.com

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