MONTREAL, Nov. 7, 2016 /CNW Telbec/ - As the manager of the FÉRIQUE Funds, Gestion FÉRIQUE announces the launch of the FÉRIQUE Emerging Markets Fund. The fund invests in two underlying funds: the NEI Northwest Emerging Markets Fund and the TD Emerging Markets Fund.
"Investing in these two underlying funds enables us to offer a diversified investment product with a very competitive management expense ratio. In addition, we can remain faithful to our multimanager approach while optimizing our costs, which is a net advantage for our investors," explained Louis Lizotte, CFA, Vice President, Investment Management, Gestion FÉRIQUE. The FÉRIQUE Emerging Markets Fund is one of the least expensive in its peer group of funds, with a 1.5% management expense ratio as of the date of its launch.
The FÉRIQUE Emerging Markets Funds allows for portfolio diversification while offering greater growth potential. It is intended for investors with a high risk tolerance. It is subject to a minimum investment of $500 ($50 in the case of preauthorized contributions) and is eligible for all types of investment accounts. For additional information, consult the fund facts and prospectus available at ferique.com or contact a mutual funds representative at FÉRIQUE Investment Services.
About Gestion FÉRIQUE
Founded on October 12, 1999, Gestion FÉRIQUE 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 13 mutual funds diversified across all asset classes. Management of the Funds is entrusted to renowned investment firms, handpicked by Gestion FÉRIQUE on the basis of their asset class expertise. The 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
For further information: Maude La Roche, Assistant Director, Marketing, Gestion FÉRIQUE, 514-840-9206, ext. 540, [email protected]