MONTREAL, July 14, 2025 /CNW/ - Desjardins Investments Inc. ("Desjardins Investments"), the manager of Desjardins Funds, is announcing changes to its mutual fund lineup. These changes are detailed below and include the launch of three new Desjardins Target Date Investment Grade Bond Funds.
"Desjardins is meeting the needs of its members and clients by offering an alternative to guaranteed investment certificates and individual bonds," said Jean-François Girard, Manager, Investment Fund Development and Management. "By expanding its Desjardins Target Date Investment Grade Bond Funds offer with three new maturities, Desjardins is offering tax-efficient solutions that are still flexible and affordable."
These are the three new Desjardins Target Date Investment Grade Bond Funds, along with the classes of units available for each one:
Desjardins Funds |
Class Units1 available starting July 14, 2025 |
C, F and D |
|
C, F and D |
|
C, F and D |
1 For more information about the classes of units available, see the simplified prospectus.
These funds are managed by Desjardins Global Asset Management Inc. and aim to provide regular income while preserving capital. They invest primarily in investment grade fixed-income securities issued by Canadian corporations on the Canadian market that will mature in 2028, 2029 or 2030, when each fund will be closed.
A new class of units for two Desjardins Funds
Today, Desjardins Investments is also launching W-Class Units for the Desjardins Global High Yield Bond Fund and the Desjardins Sustainable Global Bond Fund.
Here's a summary of the classes of units available:
Desjardins Funds |
Class Units1 available before July 14, 2025 |
Class Units1 available starting July 14, 2025 |
Desjardins Global High Yield Bond Fund |
A, I, C, F, D |
A, I, C, F, D, W |
Desjardins Sustainable Global Bond Fund |
A, I, C, F, D |
A, I, C, F, D, W |
1 For more information about the classes of units available, see the simplified prospectus.
Desjardins Global High Yield Bond Fund
The objective of this Fund is to achieve a high current income and some long-term capital appreciation by investing primarily in high-yield fixed-income securities of issuers throughout the world. The portfolio sub-manager of this Fund is PGIM, Inc.
Desjardins Sustainable Global Bond Fund
The objective of this Fund is to provide a high income return and some long-term capital appreciation by investing primarily in fixed-income securities of issuers throughout the world. The Fund takes a responsible approach to investing. The portfolio sub-manager of this Fund is PIMCO Canada Corp.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the sixth largest in the world, with assets of $487.9 billion as at March 31, 2025. It has been named one of the top employers in Canada by both Forbes magazine and Mediacorp. It has also been recognized as one of the World's Best Banks in 2025 by Forbes. The organization has more than 56,100 skilled employees. 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, its online platforms, and its subsidiaries across Canada. Ranked among the world's strongest banks, according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry. In 2025, Desjardins Group is celebrating its 125th anniversary, marking more than a century of focusing its ambitions and expertise on being there for members and clients.
About Desjardins Investments Inc.
As the manager of Desjardins Funds and Desjardins Exchange-Traded Funds (ETFs), Desjardins Investments Inc. is one of the leading investment fund managers in Canada, with $47.7 billion in assets under management as at March 31, 2025. Desjardins Investments offers a broad range of investment funds to Canadians and stands out in the industry for its roster of internationally recognized fund managers representing more than 20 portfolio management firms around the world. Desjardins Investments is also actively engaged in promoting and encouraging responsible investing in Canada.
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 other fees may be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by registered dealers.
Desjardins®, trademarks containing the word Desjardins, and their related logos, as well as the Desjardins Sustainable® brand, are trademarks of the Fédération des caisses Desjardins du Québec, used under licence.
SOURCE Desjardins Group
For more information (media inquiries only): Public Relations, Desjardins Group, 514-281-7000 or 1-866-866-7000, ext. 5553436, [email protected]
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