Fiera Sceptre files prospectus for Tactical Bond Yield Fund

By Staff | April 5, 2011 | Last updated on April 5, 2011
1 min read

Fiera Sceptre Inc. announced today that it has filed a preliminary prospectus with the securities regulatory authorities in all Canadian provinces and territories for the Fiera Sceptre Tactical Bond Yield Fund.

The investment objective of the Fiera Sceptre Tactical Bond Yield Fund is to generate a moderate level of current income and capital appreciation in all market environments with minimal correlation to traditional forms of fixed income and equity investments, primarily through investments in fixed income securities.

The Fund is intended to provide investors with enhanced diversification and an improved risk/reward profile compared to conventional fixed income portfolios. The Fund, which is open-ended, will be one of the few alternative funds in Canada to offer daily liquidity. Unlike most alternative funds, it is also expected to be broadly available to all individual investors in all Canadian provinces.

“The Fiera Sceptre Tactical Bond Yield Fund is intended to generate positive investment returns in any interest rate environment,” said Jean-Guy Desjardins, Chairman, Chief Executive Officer and Chief Investment Officer of Fiera Sceptre. “With interest rates currently near historical lows and poised to rise as the economy strengthens, the Fund offers retail investors an opportunity to manage interest-rate risk in the fixed income portion of their portfolios.”

Interested investors can obtain a copy of the preliminary prospectus through their registered dealer and on SEDAR at www.sedar.com.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.