Desjardins expands its range of tax-smart investment solutions

Eight new corporate class funds

LÉVIS, QC, April 14, 2014 /CNW Telbec/ - Desjardins launches eight new corporate class funds offering exposure to Canadian, U.S., international and emerging markets opportunities. With the introduction of these new funds, Desjardins expands its suite of offerings for investors seeking tax-efficient investment solutions.

"We launched the Chorus II Corporate Class Portfolios in November 2011 and by 2013 they accounted for nearly 50% of purchases in Chorus II portfolios, which are also available as mutual fund trusts for registered assets. What motivated us to launch the eight new corporate class funds was our drive to meet the needs of our taxable investors who were looking for a tax-smart way to save and invest outside their registered plans," explains Luc Caron, Director of Mutual Fund Development, Desjardins Group.

The benefit of a corporate class is that it allows you to mitigate or eliminate the tax implications of switching between portfolios or funds held within the same corporate class structure. Furthermore, this legal structure, as opposed to a trust structure, pays income in the form of dividends and capital gains which are types of income that receive favourable tax treatment.

Visit www.desjardinsfunds.com to learn more about our eight new corporate class funds.

Canadian Equity Funds

American Equity Funds

Global and International Equity Funds

About Desjardins Group

Desjardins Group is the leading cooperative financial group in Canada and the fifth largest cooperative financial group in the world with assets of $212 billion. It has been rated one of Canada's top 100 employers by Mediacorp Canada. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. The group has one of the highest capital ratios and credit ratings in the industry. It is considered as the fourth safest and strongest bank in North America according to Global Finance magazine and Bloomberg News respectively.

SOURCE Desjardins Group

For further information:

Information (for journalists only):
Richard Lacasse
Public Relations
Desjardins Group
418-835-8444 or 1-866-835-8444, ext. 3163
media@desjardins.com