Desjardins Funds: Net Sales in November



    LEVIS, QC, Dec. 5 /CNW Telbec/ - Desjardins Group announces that net
sales of Desjardins Funds accrued $40.5 million during the month of November
2007, bringing its total assets to $12.3 billion. This amount was also put
forward by the Investment Funds Institute of Canada (IFIC) in its new 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.
    Since the beginning of the year, Desjardins Funds accrued of $1.8 billion
in net sales, which represents an increase of 71% over figures for the same
period in 2006.
    Furthermore, the changes brought to certain Desjardins Funds were
approved by their unitholders during the month of November. These changes,
conducted with the view of merging seven Desjardins Funds and of modifying the
investment goal of two others, will come into effect around January 18, 2008.

    About Desjardins Group

    Desjardins Group is the largest integrated cooperative financial group in
Canada, with overall assets of $147 billion, as at September 30, 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 nearly 6,800 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.




For further information:

For further information: Our press releases are available in RSS format
at http://www.desjardins.com/en/rss/; 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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