Montreal, March 30th, 2023 – Desjardins Investments Inc. ("DI"), the manager of the Desjardins Funds, today announced a revised risk level and investment horizon for certain funds as described below. DI regularly reviews its mutual funds’ offer to ensure they continue to meet the evolving investment needs of financial advisors and investors.
Revised risk level for certain Desjardins Funds
DI has announced changes to the risk level of certain Desjardins Funds effective March 31, 2023.
Here is the list of the Desjardins Funds affected by this change:
Desjardins Funds |
Previous level of risk |
Revised risk level (March 31, 2023) |
Desjardins American Equity Growth Currency Neutral Fund |
Medium |
Medium to high |
Desjardins Overseas Equity Growth Fund |
Medium |
Medium to high |
Chorus II Moderate Low Volatility Portfolio |
Low |
Low to medium |
SocieTerra Moderate Portfolio |
Low |
Low to medium |
Melodia Moderate Growth Portfolio |
Low |
Low to medium |
Melodia Moderate Income Portfolio |
Low |
Low to medium |
These changes will be made subject to regulatory approval. DI reserves the right to defer implementation of the changes described above to a later date.
Revised investment horizon for the Desjardins Floating Rate Income Fund
DI has announced that the Desjardins Floating Rate Income Fund is now intended for investors who have a medium to long-term investment horizon. Previously, the Desjardins Floating Rate Income Fund was intended for investors with a long-term investment horizon.
The 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. The Desjardins Funds are offered by registered dealers.
For further information (media inquiries only):
Public Relations
Desjardins Group
514-281-7000 or 1-866-866-7000, ext. 5553436
media@desjardins.com