UNC.PR.B United Corporations Limited

TORONTO, Sept. 29, 2017 /CNW/ - The Board of Directors of United Corporations Limited (TSX:UNC) (TSX:UNC.PR.A) (TSX:UNC.PR.B) (TSX:UNC.PR.C) ("United") announces that it plans to allocate $100 million of its assets to emerging markets mandates; $50 million will be invested in LSV Emerging Markets Small Cap Equity Fund, LP and $50 million in Burgundy Emerging Markets Equity Fund.

The LSV mandate is managed by LSV Asset Management, a value equity manager whose head office is in Chicago, Illinois. The Burgundy mandate is managed by Burgundy Asset Management, a fundamental value-driven investment manager whose head office is in Toronto.

The $100 million will be sourced equally from the two global mandates managed by Jarislowsky Fraser Limited and ValueInvest Asset Management S.A.

SOURCE United Corporations Limited