Montreal, November 19th, 2020 - As the manager of the FÉRIQUE Funds, Gestion FÉRIQUE announced today the replacement of a sub-manager for the FÉRIQUE American Equity Fund.
On or around December 11, 2020, Columbia Management Investment Advisers LLC will replace Integra Capital Limited as sub-manager of a portion of the FÉRIQUE American Equity Fund. Following this change, Columbia Management Investment Advisers LLC will manage approximately between 65% and 80% of the Fund and River Road Asset Management LLC will manage approximately between 20% and 35% of the Fund. The investment objective of the FÉRIQUE American Equity Fund will remain unchanged.
About Gestion FÉRIQUE
Founded on October 12, 1999, Gestion FÉRIQUE (www.ferique.com) is the manager of the FÉRIQUE Funds. FÉRIQUE 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 15 mutual funds, including 5 portfolios diversified across all asset classes. Management of the Funds is entrusted to renowned investment firms, handpicked by Gestion FÉRIQUE based on their asset class expertise. FÉRIQUE Funds have more than $3 billion in assets under management and over 22,500 clients as of September 30, 2020.