Desjardins Investments Makes Changes to Its Mutual Fund and ETF Lineup
Montreal, November 12, 2026 – Desjardins Investments Inc. ("DI"), as manager of the Desjardins Funds and the Desjardins Exchange Traded Funds (ETFs), announces upcoming changes to these two funds lineups.
These changes, described in detail below, include the designation of DI as portfolio manager of the Desjardins Funds and a significant portion of the Desjardins ETFs, as well as a reduction in the management fees applicable to certain classes of Desjardins Funds units.
Designation of Desjardins Investments Inc. as Portfolio Manager of the Desjardins Funds and a significant portion of the Desjardins ETFs
DI announces that, effective on or about January 1st, 2027, DI will act as portfolio manager of the Desjardins Funds and Desjardins ETFs, except for the Desjardins Global Macro ETF (collectively, the “Funds”), replacing Desjardins Global Asset Management Inc. (“DGAM”).
In this regard, DI will retain portfolio sub-managers to assume responsibility for the management of the Funds’ assets. Accordingly, this change will have no impact on the current management of the Funds’ assets, which will continue to be carried out by DGAM , in its capacity as portfolio sub-manager, or by any other portfolio sub-manager currently responsible for such management, as applicable.
No changes will be made with respect to the Desjardins Global Macro ETF. DGAM will continue to act as portfolio manager of the fund and will retain the services of Graham Capital Management, L.P. as portfolio sub-manager.
Reduced management fees for certain classes of Desjardins Funds Units
DI also announces that it will reduce the management fees of 16 Desjardins Funds by up to 8 basis points for certain classes of units. The management fee reductions are expected to take effect on or about January 1st, 2027.
These changes reflect DI’s commitment to offering competitively priced actively managed investment funds. The following is a list of the affected Desjardins Funds unit classes:
CURRENT MANAGEMENT FEES1 % | MANAGEMENT FEES* STARTING JANUARY 1ST 20271 % | REDUCTIONS % | |
DESJARDINS FUNDS (A-, T-, C- AND R-CLASS UNITS) | |||
Money Market (A- and C-Class Units) | 0.55 | 0.50 | (0.05) |
Sustainable Environmental Bond (A- and C-Class Units) | 1.09 | 1.02 | (0.07) |
Sustainable Global Bond (A- and C-Class Units) | 1.19 | 1.14 | (0.05) |
Floating Rate Income (A- and C-Class Units) | 1.19 | 1.14 | (0.05) |
Global Tactical Bond (A- and C-Class Units) | 1.19 | 1.14 | (0.05) |
Global High Yield Bond (A- and C-Class Units) | 1.37 | 1.29 | (0.08) |
Canadian Small Cap Equity (A- and C-Class Units) | 1.85 | 1.80 | (0.05) |
American Equity (A- and C-Class Units) | 1.60 | 1.55 | (0.05) |
American Equity Value (A- and C-Class Units) | 1.63 | 1.58 | (0.05) |
American Equity Growth (A- and C-Class Units) | 1.63 | 1.58 | (0.05) |
American Equity Growth Currency Neutral (A- and C-Class Units) | 1.63 | 1.58 | (0.05) |
Sustainable American Equity (A- and C-Class Units) | 1.60 | 1.55 | (0.05) |
Global Small Cap Equity (A- and C-Class Units) | 1.88 | 1.83 | (0.05) |
Global Infrastructure (A-, T-, C- and R-Class Units) | 1.90 | 1.85 | (0.05) |
(F- AND S-CLASS UNITS) | |||
Money Market (F-Class Units) | 0.30 | 0.25 | (0.05) |
Short-Term Income (F-Class Units) | 0.33 | 0.28 | (0.05) |
Sustainable Short-Term Income (F-Class Units) | 0.33 | 0.28 | (0.05) |
Global High Yield Bond (F-Class Units) | 0.68 | 0.63 | (0.05) |
Global Infrastructure (F- and S-Class Units) | 0.90 | 0.85 | (0.05) |
(D-CLASS UNITS) | |||
Money Market (D-Class Units) | 0.30 | 0.25 | (0.05) |
Global Infrastructure (D-Class Units) | 0.90 | 0.85 | (0.05) |
(K- AND L-CLASS UNITS) | |||
Sustainable Environmental Bond (K-Class Units) | 0.99 | 0.92 | (0.07) |
Sustainable Global Bond (K-Class Units) | 1.09 | 1.04 | (0.05) |
Floating Rate Income (K-Class Units) | 1.09 | 1.04 | (0.05) |
Global Tactical Bond (K-Class Units) | 1.09 | 1.04 | (0.05) |
Global High Yield Bond (K-Class Units) | 1.27 | 1.19 | (0.08) |
Canadian Small Cap Equity (K-Class Units) | 1.75 | 1.70 | (0.05) |
American Equity (K-Class Units) | 1.50 | 1.45 | (0.05) |
American Equity Value (K-Class Units) | 1.53 | 1.48 | (0.05) |
American Equity Growth (K-Class Units) | 1.53 | 1.48 | (0.05) |
American Equity Growth Currency Neutral (K-Class Units) | 1.53 | 1.48 | (0.05) |
Sustainable American Equity (K-Class Units) | 1.50 | 1.45 | (0.05) |
Global Small Cap Equity (K-Class Units) | 1.78 | 1.73 | (0.05) |
Global Infrastructure (K- and L-Class Units) | 1.80 | 1.75 | (0.05) |
1 Management Fees charged by the Manager, excluding applicable sales taxes, including GST and HST.
For more information (media inquiries only):
Public relations, Desjardins Group
media@desjardins.com