MONTREAL, Feb. 10, 2012 /CNW Telbec/ - Three funds from the Desjardins
line of funds have scored a FundGrade A+ rating from Fundata in
recognition of their solid yield performance in 2011. The rating was
given to the Desjardins Emerging Markets Fund, Desjardins Enhanced Bond
Fund and Desjardins Québec Balanced Fund.
The FundGrade A+ rating identifies funds with not only the best
risk-adjusted returns, but also those with the highest level of
consistency. It is awarded to funds that have consistently achieved
high FundGrade scores throughout the calendar year.
As proof of the importance of this achievement, all three funds ranked
in the top 2% in their respective categories, meaning 98% of the funds
in those categories achieved lower risk-adjusted returns in 2011.
"We are very pleased and proud that Fundata acknowledged the performance
history of these three funds, as well as their capacity to generate
superior returns in a turbulent market, as was the case in 2011,"
states Eric Landry, Director, Specialized Investment Product
Development at Desjardins.
Fundata's FundGrade is an independent and objective investment-fund
rating system that recognizes funds with superior risk-adjusted
returns. FundGrade provides a quick and easy approach for identifying
funds with a track record of first-rate performance, helping investors
identify exceptionally performing funds.
About Desjardins Group
Desjardins Group www.desjardins.com is the leading cooperative financial group in Canada with assets of
nearly $190 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 5.8 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. As one of
the largest employers in the country and among Canada's Top 100 Employers for 2012TM, Desjardins is supported by the skills of its 43,600 employees and the
commitment of nearly 6,000 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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