Fiera High Income Trust is due to terminate on November 9, Fiera Sceptre Inc. said Tuesday.


This means that:

  • on the termination date, unitholders will receive their pro rata share of the net assets of the trust;
  • prior to the termination date, the assets of the trust will be converted to cash, Fiera may defer the termination date by a maximum of three months if all of the trust’s assets have not been converted to cash; and
  • should Fiera consider such liquidation not to be appropriate prior to the termination date, such securities will be distributed to unitholders.


Prior to the termination date, unitholders will continue to enjoy quarterly redemption privileges. The remaining eligible redemption dates are June 29 and September 28. Unitholders must communicate their intention to redeem to their respective brokers and investment dealers who must in turn advise the trust’s registrar and transfer agent at least 30 days prior the applicable redemption date.

Fiera encourages unitholders to consult with their financial advisors regarding the trust’s termination and the most appropriate option given their personal circumstances.