Desjardins announces changes to the Desjardins Québec Balanced Fund
LÉVIS, QC, Feb. 14, 2013 /CNW Telbec/ - Desjardins Investments Inc., the Manager of Desjardins Funds, today announced changes to the management of the Desjardins Québec Balanced Fund portfolio.
Desjardins Global Asset Management Inc. (DGAM) will now serve as the sole portfolio manager of the Desjardins Québec Balanced Fund. In addition, the Manager has approved changes to the Fund's investment strategies in order to reflect DGAM's investment philosophy. The fundamental goal of the Fund, however, remains the same. The change takes effect on or around March 28, 2013.
Desjardins Investments Inc. reserves the right to postpone the implementation of the changes described above to a later date.
About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada with assets of nearly $200 billion. Drawing on the strength of its caisse network in Québec and Ontario and its subsidiaries across Canada, it offers a full range of financial products and services to its 5.6 million members and clients. Desjardins specializes in Wealth Management and Life and Health Insurance, in Property and Casualty Insurance, in Personal Services, in Business and Institutional Services. Best Corporate Citizen in Canada for 2012 and among Canada's Top 100 Employers, Desjardins is supported by the skills of its 44,645 employees and the commitment of nearly 5,400 elected officers. A new education and cooperation program is now available to Desjardins members and the general public. For more information, visit www.desjardins.com/co-opme.
SOURCE: DESJARDINS GROUPFor further information:
(for journalists only)
514-281-7000 or 1-866-866-7000, ext. 7646