MONTREAL, Feb. 27, 2013 /CNW Telbec/ - Desjardins Investments Inc., the
Manager of Desjardins Funds, today announced a change to the Desjardins
Global Real Estate Fund. This change reflects the adjustment of the
risk tolerance level associated with investment in the Fund.
The risk tolerance level associated with investment in the Desjardins
Global Real Estate Fund was adjusted following a risk assessment by
Desjardins Investments. In performing the assessment, Desjardins
Investments took into account the following quantitative and
qualitative factors: the Fund's investment strategy, the sectors or
regions in which the Fund invests, the volatility of returns and the
risk levels of comparable funds. As such, the risk tolerance level for
the Desjardins Global Real Estate Fund has been revised from "medium"
to "medium to high." Please note that the Fund's fundamental objective
and investment strategy remain unchanged.
This change will be reflected in the Desjardins Funds Simplified
Prospectus filed with the Canadian Securities Administrators.
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 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 44,942 employees and the
commitment of 5,268 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 GROUP
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