Press releases

Two Desjardins mutual funds recognized today at the 2021 Refinitiv Lipper Fund Awards

November 17, 2021

Montreal, November 17, 2021 – For the 3rd year out of 4 (2018, 2020 and 2021), Desjardins won a « 2021 Refinitiv Lipper Fund Awards » for Best International Equity mutual fund in Canada of this category. In addition, the Desjardins SocieTerra Cleantech Fund was awarded for the first time for the best Global Small/Mid Cap Equity fund. The awards were presented this morning at the annual 2021 Refinitiv Lipper Awards Virtual Ceremony.

“We are very proud of the success achieved of both the Desjardins Overseas Equities Growth Fund, managed by Baillie Gifford Overseas, portfolio sub-manager of the fund, focused on long-term growth investing in performing companies, and the Desjardins SocieTerra Cleantech Fund, portfolio sub-advised by Impax Asset Management, a pioneer in investing in the transition to a more sustainable global economy, said Frederick Tremblay, Director, Mutual and Guaranteed Fund Development at Desjardins Investments Inc. We owe these prestigious awards to the confidence of our members and clients who, year after year, choose these two funds in their investment strategy. "

Desjardins Overseas Equity Growth Fund
Among the 66 funds in the running for this award, the Desjardins Overseas Equity Growth Fund (F-Class units) was awarded the « 2021 Refinitiv Lipper Fund Awards » Trophy for the best International Equity fund in the 3-year category, and two « 2021 Refinitiv Lipper Fund Awards » Certificates in the 5-year (F-Class units) and 10-year (A-Class units) category, out of a total of 59 funds and 49 funds respectively. Desjardins Investments Inc. is the investment fund manager of the awarded fund.

Desjardins SocieTerra Cleantech Fund
The Desjardins SocieTerra Cleantech Fund (F-Class units) received the « 2021 Refinitiv Lipper Fund Awards » Trophy for the best Global Small/Mid Cap Equity fund in the 3-year category, out of a total of 26 funds in the running for this award. Desjardins Investments Inc. is the investment fund manager of the awarded fund.

About Desjardins Investments Inc.
Desjardins Investments Inc., manager of the Desjardins Funds, is one of Canada's largest mutual fund manufacturers, with $ 45.3 billion [1] in assets under management. It offers a broad range of investment funds to Canadian investors and stands out in the industry, among others, through its world-renowned portfolio sub-managers representing more than 20 asset management companies mandated by Desjardins Global Asset Management Inc., the Desjardins Funds portfolio manager. In addition, Desjardins Investments Inc. is one of the most committed actors in promoting and advancing responsible investment in Canada.

About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada and the sixth largest in the world, with assets of $390.6 billion [1]. It has been rated one of Canada’s Top 100 Employers by Mediacorp. 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.

About Refinitiv Lipper Fund Awards
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36-, 60- and 120-month periods. The highest 20% of funds in each classification are named Lipper Leaders for Consistent Return and receive a rating of 5; the next 20% receive a rating of 4; the middle 20% are rated 3; the next 20% are rated 2; and the lowest 20% are rated 1. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. Lipper Leader ratings are subject to change every month. For more information, see www.lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper. Refinitiv Lipper Fund Awards, ©2021 Refinitiv. All rights reserved. Used under license.


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Data for the Refinitiv Lipper Fund Awards is aggregated until the end of July of any given year and results are published in November of that year. The returns posted by the Desjardins Overseas Equity Growth Fund (F-Class units) for the period ended October 31, 2021 are as follows: 19.21% (1 year), 30.10% (3 years), 22.40% (5 years), N/A (10 years), 16.50% (since its inception on November 25, 2013). The returns posted by the Desjardins Overseas Equity Growth Fund (A-Class units) for the period ended October 31, 2021 are as follows: 17.75% (1 year), 28.54% (3 years), 20.81% (5 years), 15.35% (10 years), 14.01% (since its inception on March 23, 2010). The corresponding Lipper Leader for Consistent Return ratings of the fund for that same period are as follows: N/A (1 year), 5 (3 years), 5 (5 years) and 5 (10 years). The Lipper Leader for Consistent Return ratings of the fund for the period ended July 31, 2021 are as follows: N/A (1 year), 5 (3 years), 5 (5 years) and 5 (10 years). The fund stands out in the International Equity fund category for the 3-year, 5-year and 10-year periods out of a total of 66, 59 and 49 funds respectively. The returns posted by the Desjardins SocieTerra Cleantech Fund (F-Class units) for the period ended October 31, 2021 are as follows: 35.73% (1 year), 23.78% (3 years), 16.04% (5 years), N/A (10 years), 16.75% (since its inception on June 14, 2016). The corresponding Lipper Leader for Consistent Return ratings of the fund for that same period are as follows: N/A (1 year), 5 (3 years), 5 (5 years) and N/A (10 years). The Lipper Leader for Consistent Return ratings of the fund for the period ended July 31, 2021 are as follows: N/A (1 year), 5 (3 years), 5 (5 years) and N/A (10 years). The fund stands out in the Global Small/Mid Cap Equity fund category for the 3-year period out of a total of 26 funds.

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 all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns, including changes in unit value and reinvestment of all distributions and do not consider sales, redemption, distribution or other optional charges, or income taxes payable by any security holder, that would have reduced returns. The Desjardins Funds are offered by registered dealers.