Fiera Capital US Eq.Fd.R EUR/  IE00BZ60KV97  /

The investment objective of the Fund is to achieve superior and sustainable returns by investing in a long-only portfolio of U.S. equities. The Fund"s performance will pursue its investment objective by investing in high quality companies. The Investment Manager expects that a minimum of 80% of the Fund"s portfolio will generally consist of long positions in publicly listed U.S. equities. The Investment Manager anticipates that the portfolio of the Fund will, under typical market conditions, contain between 20 and 45 positions. However, as market conditions change, the Investment Manager may adjust these targets as it deems necessary. The Fund will seek to maintain a diversified portfolio through investing in issuers with varied investment theses and among a diversified selection of sectors. When considering investments for the Fund, the Investment Manager will consider the long-term objective of achieving superior and sustainable returns. The Fund is considered to be actively managed in reference to the Standard & Poors 500 Index ("Benchmark") by virtue of the fact that it uses the Benchmark for performance comparison purposes. However, the Benchmark is not used to define the portfolio composition of the Fund or as a performance target and the Fund may be wholly invested in securities which are not constituents of the Benchmark.

The investment objective of the Fund is to achieve superior and sustainable returns by investing in a long-only portfolio of U.S. equities. The Fund"s performance will pursue its investment objective by investing in high quality companies.