LEVIS, QC, April 29 /CNW Telbec/ - Desjardins Group is proud to announce
that, for the second consecutive year, the Desjardins Environment Fund has won
a prize at the 2009 Lipper Fund Awards gala event, held in Toronto yesterday.
Awarded to funds in 21 countries throughout the world, the Lipper Fund Awards
aim at rewarding the investment funds that distinguish themselves by
delivering consistently strong yield performance.
The Desjardins Environment Fund was awarded the first prize in the
Canadian equity fund category for its 5-year yield, as at December 31, 2008.
On this date, the Fund posted a yield of 5.83% for the prize's target period.
The portfolio of the Desjardins Environment Fund is managed by
Jean-Philippe Choquette, of Fiera Capital Inc., a Montréal-based portfolio
management company with approximately $17 billion in assets under management.
The Desjardins Environment Fund sets itself apart from other Canadian
equity funds by falling into the socially responsible investment (SRI)
category. All the securities comprising its portfolio are evaluated on the
basis of both their environmental and financial aspects. These companies
distinguish themselves in their respective sectors thanks to their proactivity
and their responsible management measures taking the environmental impact of
their activities into account.
Since January 2009, the Desjardins Environment Fund is among the funds
comprising the new SocieTerra Portfolios, the first socially responsible
investment portfolios in Canada tailored to meet the specific needs of the
different investor profiles. The Desjardins Environment Fund and SocieTerra
Portfolios reaffirm Desjardins' commitment to social responsibility and
sustainable development, both of which count among Desjardins' cooperative
values and principles.
About Lipper Inc.
Lipper, a wholly-owned subsidiary of Reuters, provides independent
insight on global collective investments including mutual funds, retirement
funds, hedge funds, fund fees and expenses to the asset management and media
communities. Providing data on 140,000 mutual funds registered for sale in 45
countries, Lipper is the world's leading fund research and analysis
organisation. Additional information is available at www.lipperweb.com.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in Canada,
with overall assets of $152 billion, as at December 31, 2008. 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 42,000 employees and the
commitment of its 6,300 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
For further information:
For further information: (for journalists only): André Chapleau,
Director, Information and Media Relations, Desjardins Group, (514) 281-7229, 1
866 866-7000, ext. 7229, firstname.lastname@example.org