PITTSBURGH, Feb. 9, 2016 /CNW/ -- Federated Investors Canada
ULC, a subsidiary of Federated Investors, Inc. (NYSE: FII), today
announced the launch of Federated Strategic Value U.S. Equity
Dividend Fund, an equity mutual fund that seeks to provide monthly
income and long-term capital appreciation by investing primarily in
a portfolio of high-quality U.S. stocks that pay dividends and
offer the potential for dividend growth.
Available exclusively to Canadian investors, the fund leverages
the success of Federated's existing Canadian relationships
including separately managed accounts. "The new fund offering is an
important part of our ongoing commitment to meeting the needs of
Canadian investors, as well as growing Federated's presence
throughout North America and
globally," said Gordon J. Ceresino,
chief executive officer of Federated Investors Canada ULC. "Our
vision is to develop funds in a range of investment styles to
provide additional solutions for Canadian investors."
"Investing in a portfolio of common stocks with high-dividend
yields is an approach that has met the needs of our clients for the
last 15 years," said John B. Fisher,
president and chief executive officer, Federated Advisory
Companies. "The Federated Strategic Value U.S. Equity Dividend Fund
provides Canadian investors access to this proven dividend income
strategy, which takes a bottom-up approach emphasizing
high-yielding stocks."
The portfolio is managed by a seasoned team of investment
professionals led by Daniel Peris and Deborah Bickerstaff, who manage approximately
$25 billion in strategies following
the same time-tested approach, including the $10 billion Federated Strategic Value Dividend
Fund available to U.S. investors. Peris leads the Strategic Value
Dividend team and is the author of two books on dividend investing.
Bickerstaff has 20 years of investment experience, including
portfolio management and research in the global equity area.
The fund, which has the Dow Jones Select Dividend Index as its
primary benchmark, seeks to pursue competitive performance in both
up and down markets, while targeting significantly less risk.
Federated Strategic Value U.S. Equity Dividend Fund will be
marketed in A and F share classes through registered dealers.
Federated Investors Canada ULC is a wholly owned subsidiary of
Federated Investors, Inc., a financial industry pioneer since 1955
and a global investment manager. Along with an expanding presence
in Canada, Federated's global
reach extends to Europe and
South America.
Federated Investors, Inc. is one of the largest investment
managers in the United States,
managing $361.1 billion in assets as
of Dec. 31, 2015. With 122 funds and a variety of
separately managed account options, Federated provides
comprehensive investment management to more than 8,400 institutions
and intermediaries including corporations, government entities,
insurance companies, foundations and endowments, banks and
broker/dealers. For more information, visit
FederatedInvestors.ca.
SOURCE Federated Investors, Inc.