SOURCES
1. Huawei Company Website, 2018 Annual Report
2. Office of the United States Trade Representative, June 2018, Section 301 Product List Fact Sheet
3. Barclays, June 5, 2019, 5G Leadership: Huawei in Context
4. Department of Justice, January 28, 2019, Chinese Telecommunications Conglomerate Huawei and Huawei CFO Wangzhou Meng Charged with Financial Fraud
IMPORTANT DISCLOSURES
GENERAL DISCLOSURES
All information herein is as of August 20, 2019, unless otherwise noted, with no obligation to update.
This document is intended for information purposes only and may not be relied upon in evaluating the merits of investing in any Fiera Capital investment vehicle or portfolio.
The information provided is proprietary to Fiera Capital Inc. and it reflects Fiera Capital’s views as of the date of this presentation. Such views are subject to change at any point without notice. Some of the information provided herein is from third party sources and/or compiled internally based on internal and/or external sources and are believed to be reliable at time of production but such information is not guaranteed for accuracy or completeness and was not independently verified. Fiera Capital is not responsible for any errors arising in connection with the preparation of the data provided herein. No representation, warranty, or undertaking, express or implied, is given as to the accuracy or completeness of such information by Fiera Capital or any other person; no reliance may be placed for any purpose on such information; and no liability is accepted by any person for the accuracy and completeness of any such information.
These materials are not intended as investment advice or a recommendation of any security or investment strategy for a specific recipient. Investments or strategies described herein are provided as general market commentary, and there may be no account or fund managed by Fiera Capital for which investments or strategies described herein are suitable due to the various types of accounts or funds that are managed by Fiera Capital. Nothing herein constitutes an offer to sell, or solicitation of an offer to purchase, any securities, nor does it constitute an endorsement with respect to any investment area or vehicle.
Any charts, graphs, and descriptions of investment and market history and performance contained herein are not a representation that such history or performance will continue in the future or that any investment scenario or performance will even be similar to such chart, graph, or description. Any charts and graphs contained herein are provided as illustrations only and are not intended to be used to assist the recipient in determining which securities to buy or sell, or when to buy or sell securities.
FORWARD-LOOKING STATEMENTS
Discussions regarding potential future events and their impact on the markets are based solely on historic information and Fiera Capital’s estimates and/or opinions, and are provided for illustrative purposes only. A number of the comments in this document are based on current expectations and are considered “forward-looking statements”. Actual future results, however, may prove to be different from expectations. The opinions expressed are a reflection of Fiera Capital’s best judgment at the time this document is compiled, are subject to change at any time without prior notice, cannot be guaranteed as being accurate, and any obligation to update or alter forward-looking statements as a result of new information, future events, or otherwise is disclaimed. Furthermore, these views are not intended to predict or guarantee the future performance of any individual investment strategy/style, security, asset class, markets generally, nor are they intended to predict the future performance of any Fiera Capital investment vehicle or portfolio.