Desjardins Funds: Net Sales in February



    LEVIS, QC, March 4 /CNW Telbec/ - Desjardins Group announces that the
Desjardins Funds registered $132.1 million in net sales for the month of
February, bringing its total assets to $12 billion. This amount was also put
forward by the Investment Funds Institute of Canada (IFIC) in its report
entitled Mutual Fund AUM and Net Sales by Funds Administration/Distribution
Role. This report includes the assets of funds of funds and of co-branded
funds.
    "As was the case for the whole of the mutual fund industry, we
experienced a slowdown at the beginning of the year caused by blips in the
stock markets. However, February proved to be more reassuring, which indicates
that many investors have understood that it was in their best interest to be
present on the markets if they wish to eventually benefit from an upswing,"
declared Marc Dubuc, Vice President, Marketing, of Desjardins Funds.

    About Desjardins Group

    Desjardins Group is the largest integrated cooperative financial group in
Canada, with overall assets of $144 billion, as at December 31, 2007. It
comprises a network of caisses, credit unions and business centres in Québec
and Ontario, and some twenty subsidiary companies in life and general
insurance, securities brokerage, venture capital and asset management, many of
which are active across the country. Drawing on the expertise of its
40,000 employees and the commitment of more than 6,500 elected officers,
Desjardins offers its 5.8 million individual and corporate members and clients
a full range of financial products and services. Its physical distribution
network is complemented by leading-edge virtual access methods. To find out
more, consult www.desjardins.com.

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For further information:

For further information: (for media only): André Chapleau, Director,
Information and Media Relations, (514) 281-7229, 1-866-866-7000, ext. 7229,
andre.chapleau@desjardins.com


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