LÉVIS, QC, Nov. 28, 2011 /CNW Telbec/ - Desjardins Group (www.desjardins.com) is adding to its line of Desjardins Funds with the launch of the new
Chorus II portfolios, a distinctive investment solution.
"Investors want easy-to-understand investments that offer tax
efficiency, income flexibility and of course competitive fee
structures. And that's what inspired us to develop the new Chorus II
portfolios," said Éric Landry, director of Specialized Investment
Designed for clients investing $100,000 or more, the Chorus II range
includes six portfolios available in two versions: corporate class for
non-registered accounts and trusts for registered accounts (RRSPs,
TFSAs, RRIFs, LIRAs, LIFs and RESPs).
"Whether investors' profiles are conservative or more dynamic, in the
saving phase or already retired, Chorus II portfolios are designed to
meet the needs of all investors," added Mr. Landry.
Tax efficiency, income flexibility, dynamic asset management and
competitive fee structures
Chorus II corporate class portfolios provide greater efficiency by
reducing or deferring the tax expense associated with annual
distributions. Corporate class solutions also allow assets to be
transferred from a Chorus II portfolio to another more secure portfolio
as retirement approaches, without any immediate tax repercussions.
This new investment solution also features a number of income options.
One option optimizes asset longevity while a second generates higher
income. A customized option offering more flexibility in terms of
income frequency and amount is also available.
Chorus II portfolios also introduce a new dimension: dynamic asset
management. This added flexibility allows the portfolios to adapt to
changing market conditions. Chorus II portfolios are diversified by
asset category, management style and region. Exchange-traded funds are
also included, allowing for investment in specialized markets around
In addition to already competitive fee structures, Chorus II portfolios
offer attractive management fees, paid quarterly, based on the amount
About Desjardins Group
Awarded the coveted title "Bank of the Year 2010 - Canada" by the UK
magazine The Banker, Desjardins Group is the leading cooperative financial group in Canada
and the sixth largest in the world, with assets of over $190 billion.
Drawing on the strength of its caisse network in Quebec 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, Property and Casualty Insurance, Personal Services, and
Business and Institutional Services. As one of the largest employers in
the country and one of Canada's Top 100 EmployersTM 2012, Desjardins is supported by the skills of its 43,600 employees and the
commitment of nearly 6,000 elected officers. For more information,
SOURCE DESJARDINS GROUP
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