Montreal-based Fiera Capital Corp. has reduced the management fees of Fiera Capital International Equity Fund and Fiera Capital Defensive Global Equity Fund as of Feb. 7.
Both funds will have their management fees changed to the following:
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Desjardins says the transaction "does not call into question our business relationship with Fiera"
While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime