MONTREAL, March 29, 2018 /CNW Telbec/ - Desjardins Investments Inc. (the "Manager"), the manager of the Desjardins Funds, announced that it will reduce the risk level of the Desjardins SocieTerra Cleantech Fund. This change occurs as part of the annual review process conducted by the Manager and is consistent with the funds risk classification methodology of the Canadian Securities Administrators (CSA). The reduction becomes effective as of today.
Here is the risk level reduction of the concerned Desjardins Fund:
| Funds |
Actual Risk Level |
Revised Risk Level |
| Desjardins SocieTerra Cleantech Fund |
Medium to high |
Medium |
The change is subject to approval by regulatory authorities. Desjardins Investments reserves the right to defer the implementation of the change described above.
About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada and the fifth largest in the world, with assets of $275.1 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. Ranked 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 more information (media inquiries only): Jacques Bouchard, Public relations, Desjardins Group, 514-281-0844 or 1-866-866-7000, ext. 5557940, [email protected]
Share this article