Fiera YMG Capital Inc.'s control of securities of Futuremed Healthcare Income Fund Inc. increases

    MONTREAL, Aug. 16 /CNW Telbec/ - This press release is being published in
relation to past transactions of units of Futuremed Healthcare Income
Fund Inc. ("Futuremed") (FMD.UN - TSX) that had not been previously disclosed.
    Between the end of April 2007 and the end of May 2007, Fiera YMG Capital
Inc ("Fiera YMG") acquired control over an additional 183,400 units of
Futuremed. These additional units represent an increase of 1.38% of the
outstanding units of Futuremed.
    Fiera YMG reports that the aggregate number of units of Futuremed under
the control of Fiera YMG as of the end of May 2007 is 1,668,400 representing
approximately 12.56% of the outstanding units of Futuremed. The position
controlled by Fiera YMG had inadvertently been omitted in the previous report
filed by Fiera YMG.
    These units were acquired through the facilities of the Toronto Stock
Exchange. The units are beneficially owned by various accounts managed by
Fiera YMG.
    The units have been acquired for investment purposes only and not with
the purpose of influencing the control or direction of Futuremed. Fiera YMG
may, from time to time, acquire additional units of Futuremed, continue to
hold its present position or may dispose of its units.
    Fiera YMG provides competitive and innovative investment solutions to a
diverse clientele of institutional investors, mutual funds, charitable
organizations and private clients.

    This press release is being issued in order to comply with the disclosure
requirements under applicable securities legislation. This press release is
not an admission that Fiera YMG owns or controls any described securities or
that Fiera YMG is a joint actor with any of the accounts that it manages.

For further information:

For further information: or to obtain a copy of the Early Warning
Report, contact: Violaine Des Roches, Fiera YMG Capital Inc., (514) 954-3300

Organization Profile

Fiera YMG Capital Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890