Mr. Raj Lala reports

FIERA CAPITAL ANNOUNCES FUND DISTRIBUTIONS

Fiera Capital Corp. has declared distributions to be made by each of the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund, Strategic Income Allocation Fund, North American REIT Income Fund, North American Preferred Share Fund and Senior Secured Floating Rate Loan Fund.

Quarterly distributions

For the quarter ending Dec. 31, 2014, the Canadian Convertibles Plus Fund and Canadian High Yield Focus Fund will make the distributions shown in the table..

Fund                            TSX symbol  Distribution amount (per unit)   Record date    Payment date 
   
Canadian Convertibles Plus Fund     CCI.UN                       $0.15625  Dec. 31, 2014   Jan. 15, 2015
Canadian High Yield Focus Fund      CAH.UN                       $0.19500  Dec. 31, 2014   Jan. 15, 2015

Monthly distributions

For months ending Dec. 31, 2014, Jan. 30, 2015, and Feb. 27, 2015, the Strategic Income Allocation Fund, North American REIT Income Fund, North American Preferred Share Fund and Senior Secured Floating Rate Loan Fund will make the distributions shown in the table.

Fund                                              TSX symbol Distribution amount (per unit)  Record date    Payment date

Strategic Income Allocation Fund                      SIF.UN                      $0.05417  Dec. 31, 2014  Jan. 15, 2015
Strategic Income Allocation Fund                      SIF.UN                      $0.05417  Jan. 30, 2015  Feb. 13, 2015
Strategic Income Allocation Fund                      SIF.UN                      $0.05417  Feb. 27, 2015 March 13, 2015
North American REIT Income Fund                       NRF.UN                      $0.05000  Dec. 31, 2014  Jan. 15, 2015
North American REIT Income Fund                       NRF.UN                      $0.05000  Jan. 30, 2015  Feb. 13, 2015
North American REIT Income Fund                       NRF.UN                      $0.05000  Feb. 27, 2015 March 13, 2015
North American Preferred Share Fund                   NPF.UN                      $0.11460  Dec. 31, 2014  Jan. 15, 2015
North American Preferred Share Fund                   NPF.UN                      $0.11460  Jan. 30, 2015  Feb. 13, 2015
North American Preferred Share Fund                   NPF.UN                      $0.11460  Feb. 27, 2015 March 13, 2015
Senior Secured Floating Rate Loan Fund (Class A)      FRL.UN                     $0.054167  Dec. 31, 2014  Jan. 15, 2015
Senior Secured Floating Rate Loan Fund (Class A)      FRL.UN                     $0.054167  Jan. 30, 2015  Feb. 13, 2015
Senior Secured Floating Rate Loan Fund (Class A)      FRL.UN                     $0.054167  Feb. 27, 2015 March 13, 2015
Senior Secured Floating Rate Loan Fund (Class U)  Not listed               $0.054167 (U.S.) Dec. 31, 2014   Jan.15, 2015
Senior Secured Floating Rate Loan Fund (Class U)  Not listed               $0.054167 (U.S.) Jan. 30, 2015  Feb. 13, 2015
Senior Secured Floating Rate Loan Fund (Class U)  Not listed               $0.054167 (U.S.) Feb. 27, 2015 March 13, 2015