With its new Chorus II portfolios, Desjardins offers a simple, innovative, and advantageous investment solution

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 Product Development.

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 the world.

In addition to already competitive fee structures, Chorus II portfolios offer attractive management fees, paid quarterly, based on the amount invested.

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, visit www.desjardins.com.


SOURCE DESJARDINS GROUP

For further information:

Source (for journalists only):
Sarah Twomey
Media Relations Advisor
Desjardins Group
416-926-2700 or 1-877-906-5551 ext. 2015
Sarah.twomey@dfs.camedia@desjardins.com

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