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Gestion FÉRIQUE announces changes to its Balanced Funds

Montréal, April 28, 2017 – As manager of the FÉRIQUE Funds, Gestion FÉRIQUE announces the following changes to its Balanced Funds. The changes will take effect on or about July 4, 2017.

NAME CHANGES AND LOWER MERS

The FÉRIQUE Moderate Balanced, Balanced and Balanced Growth Funds Series A will be renamed the “FÉRIQUE Portfolios” as described below. Their objectives and investment strategy will remain the same as well as their risk level. The change is due essentially to the need to distinguish our turnkey investment solutions (the “FÉRIQUE Portfolios”) from our Funds. Gestion FÉRIQUE also announces the reduction of the management expense ratios (MERs) of its Portfolios. The MERs will be as follows:

CURRENT NAMES

NEW NAMEs

MER

(as of March 31, 2017)

NEW MER

(on or about July 4, 2017)
FÉRIQUE Moderate Balanced Fund Series A FÉRIQUE Moderate Portfolio Series A  0.97 % 0.90 %
FÉRIQUE Balanced Fund Series A FÉRIQUE Balanced Portfolio Series A 1.10 % 1.05 %
FÉRIQUE Balanced Growth Fund Series A FÉRIQUE Growth Portfolio Series A 1.15 % 1.10 %

TWO NEW FÉRIQUE PORTFOLIOS

Gestion FÉRIQUE is expanding its range of turnkey investment solutions (the FÉRIQUE Portfolios) with the addition of the FÉRIQUE Conservative Portfolio and the FÉRIQUE Aggressive Growth Portfolio.

Like the other FÉRIQUE Portfolios, they offer the advantages of a “Funds of Funds” structure: a multimanager approach; diversification among asset classes according to a target weighting; and a regular rebalancing. The FÉRIQUE Conservative Portfolio is in the “low” risk category and the FÉRIQUE Aggressive Growth Portfolio is in the “medium” risk category. They are subject to a minimum investment of $500 ($50 in the case of preauthorized contributions) and are eligible for all types of investment account. Their MERs will be 0.80% and 1.15%, respectively.

All the FÉRIQUE Funds and Portfolios have management fees that are among the lowest in Canada within their benchmark universes and are sold with no additional fees. A fee calculator is available at www.ferique.com to enable investors to measure the positive impact that lower MERs can have on a long-term net return. For additional information, consult the fund facts and prospectus available at ferique.com or contact a Mutual Fund Representative at FÉRIQUE Investment Services.

ABOUT GESTION FÉRIQUE

Gestion FÉRIQUE, founded on October 12, 1999, is the manager of the FÉRIQUE Funds, launched in 1974 by the Ordre des ingénieurs du Québec. It is Canada’s only not-for-profit mutual fund organisation whose sole purpose is to serve the interests of engineers, engineering graduates and their families. The firm offers mutual funds covering all the asset classes required for optimal diversification. The Funds are managed by Gestion FÉRIQUE itself, as well as by renowned investment firms, and are distributed at no additional cost by FÉRIQUE Investment Services. The FÉRIQUE Funds have more than $2 billion in assets under management and more than 22,000 unitholders.


1 Available as of or around July 4, 2017. 2 Starting on or about July 4, 2017.  

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 I 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.

 

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