Reduction of the risk level of 17 Desjardins Funds

MONTREAL, March 16, 2017 /CNW Telbec/ - Desjardins Investments Inc., the manager of the Desjardins Funds, announced that it will reduce the risk level for a number of Desjardins Funds. These changes are announced following the introduction by the Canadian Securities Administrators (CSA) of a new methodology to classify the funds risk. These reductions will become effective on March 31, 2017.

Here is a list of the concerned Desjardins Funds:

 

Funds

Actual Risk Level

Revised Risk Level
(March 31, 2017)

Desjardins SocieTerra Environmental Bond Fund

Low to medium

Low

Desjardins Global Corporate Bond Fund

Low to medium

Low

Desjardins Emerging Markets Bond Fund

Medium

Low to medium

Desjardins IBrix Low Volatility Global Equity Fund

Medium

Low to medium

Desjardins Global Small Cap Equity Fund

Medium to high

Medium

Desjardins IBrix Low Volatility Emerging Markets Fund

High

Medium

Desjardins Emerging Markets Fund

High

Medium to high

Desjardins Emerging Markets Opportunities Fund

High

Medium to high

Desjardins Global Infrastructure Fund 

Medium to high

Medium

Melodia Moderate Income Portfolio

Low to medium

Low

Melodia Moderate Growth Portfolio

Low to medium

Low

Chorus II Moderate Low Volatility Portfolio (previously Chorus II Balanced Income Portfolio)

Low to medium

Low

Chorus II Dynamic Growth Portfolio (previously Chorus II High Growth Portfolio)

Medium

Low to medium

Desjardins Global Small Cap Equity Corporate Class

Medium to high

Medium

Desjardins Emerging Markets Opportunities Corporate Class

High

Medium to high

Chorus II Corporate Class Moderate Low Volatility Portfolio (previously Chorus II Corporate Class Balanced Income Portfolio)        

Low to medium

Low

Chorus II Corporate Class Dynamic Growth Portfolio (previously Chorus II Corporate Class High Growth Portfolio)

Medium

Low to medium

 

The changes are subject to approval by regulatory authorities. Desjardins Investments reserves the right to defer the implementation of the changes described above.

About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets close to $260 billion. It has been rated one of the Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Counted among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.

Desjardins Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by registered dealers.

 



SOURCE Desjardins Group

For further information: (media inquiries only): Richard Lacasse, spokesperson, Public relations, Desjardins Group, 418-835-8444 or 1-866-835-8444, ext. 5563163, media@desjardins.com

RELATED LINKS
https://www.desjardins.com/

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