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CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) — Canoe Financial LP (“Canoe Financial”) announced today that PineStone Asset Management Inc. (“PineStone”) will replace Fiera Capital Corporation (“Fiera”) as sub-advisor for the following fees:
- Canoe Defensive Global Equity Fund
- Canoe Defensive International Equity Fund
- Canoe Defensive US Equity Portfolio Class
- Canoe Global Equity Fund
PineStone, which currently serves as Fiera’s financial sub-advisor, will assume direct advisory responsibilities as a result of this transition.
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Canoe Financial also announced that it will appoint Nalmont Capital Inc. (“Nalmont”) as a sub-adviser, to replace Fiera, to provide risk management advice on the following funds:
- Canoe Defensive Global Balanced Fund
- Canoe Defensive Global Equity Fund
- Canoe Defensive International Equity Fund
- Canoe Defensive US Equity Portfolio Class
These changes are expected to take effect before January 10, 2025.
About Canoe Financial
Canoe Financial is one of Canada’s fastest growing private equity firms with approximately $18 billion in assets under management across a range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building the financial wealth of Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.
Contact person
Investor relations
1–877–434–2796
info@canoefinancial.com
Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their rates change frequently and past performance may not be repeated.
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