Desjardins Investments Makes Changes to Its Mutual Fund Lineup
Montreal, March 28, 2024 – Desjardins Investments Inc. ("DI"), as manager of the Desjardins Funds, announces changes to its mutual funds. These changes, described in detail below, consist of name changes to its range of SocieTerra Funds and Portfolios and two Wise ETF portfolios as well as a revised risk level of certain Desjardins Funds.
DI regularly reviews its mutual fund's offering to ensure they continue to meet the evolving investment needs of financial advisors and investors.
Change of name of the SocieTerra Funds and Portfolios and two Wise ETF portfolios
The manager of the Desjardins Funds will change the English name of the existing SocieTerra Funds and Portfolios which will be renamed as the Sustainable Funds and Portfolios. This change will not affect the French version of the SocieTerra names, which will remain the “Fonds et Portefeuilles SociéTerreMD”.
In addition, the word “Desjardins” will be added to the names of the SocieTerra/Sustainable Portfolios in both the English and French versions.
SocieTerra Funds and Portfolios (SociéTerre) are subject to change:
Current English name |
New English name |
Desjardins SocieTerra Short-Term Income Fund |
Desjardins Sustainable Short-Term Income Fund |
Desjardins SocieTerra Canadian Bond Fund |
Desjardins Sustainable Canadian Bond Fund |
Desjardins SocieTerra Environmental Bond Fund |
Desjardins Sustainable Environmental Bond Fund |
Desjardins SocieTerra Global Managed Bond Fund |
Desjardins Sustainable Global Managed Bond Fund |
Desjardins SocieTerra Global Corporate Bond Fund |
Desjardins Sustainable Global Corporate Bond Fund |
Desjardins SocieTerra Global Bond Fund |
Desjardins Sustainable Global Bond Fund |
Desjardins SocieTerra Emerging Markets Bond Fund |
Desjardins Sustainable Emerging Markets Bond Fund |
Desjardins SocieTerra Global Balanced Fund |
Desjardins Sustainable Global Balanced Fund |
Desjardins SocieTerra Canadian Equity Income Fund |
Desjardins Sustainable Canadian Equity Income Fund |
Desjardins SocieTerra Canadian Equity Fund |
Desjardins Sustainable Canadian Equity Fund |
Desjardins SocieTerra American Equity Fund |
Desjardins Sustainable American Equity Fund |
Desjardins SocieTerra American Small Cap Equity Fund |
Desjardins Sustainable American Small Cap Equity Fund |
Desjardins SocieTerra Low Volatility Global Equity Fund |
Desjardins Sustainable Low Volatility Global Equity Fund |
Desjardins SocieTerra International Equity Fund |
Desjardins Sustainable International Equity Fund |
Desjardins SocieTerra Global Dividend Fund |
Desjardins Sustainable Global Dividend Fund |
Desjardins SocieTerra Diversity Fund |
Desjardins Sustainable Diversity Fund |
Desjardins SocieTerra Global Opportunities Fund |
Desjardins Sustainable Global Opportunities Fund |
Desjardins SocieTerra Positive Change Fund |
Desjardins Sustainable Positive Change Fund |
Desjardins SocieTerra International Small Cap Equity Fund |
Desjardins Sustainable International Small Cap Equity Fund |
Desjardins SocieTerra Cleantech Fund |
Desjardins Sustainable Cleantech Fund |
Desjardins SocieTerra Emerging Markets Equity Fund |
Desjardins Sustainable Emerging Markets Equity Fund |
SocieTerra Fixed Income Portfolio |
Desjardins Sustainable Fixed Income Portfolio |
SocieTerra Conservative Portfolio |
Desjardins Sustainable Conservative Portfolio |
SocieTerra Moderate Portfolio |
Desjardins Sustainable Moderate Portfolio |
SocieTerra Balanced Portfolio |
Desjardins Sustainable Balanced Portfolio |
SocieTerra Growth Portfolio |
Desjardins Sustainable Growth Portfolio |
SocieTerra Maximum Growth Portfolio |
Desjardins Sustainable Maximum Growth Portfolio |
SocieTerra 100% Equity Portfolio |
Desjardins Sustainable 100% Equity Portfolio |
| Current name in French | New French name |
| Portefeuille SociéTerre de Revenu fixe | Portefeuille Desjardins SociéTerre de Revenu fixe |
| Portefeuille SociéTerre Conservateur | Portefeuille Desjardins SociéTerre Conservateur |
| Portefeuille SociéTerre Modéré | Portefeuille Desjardins SociéTerre Modéré |
| Portefeuille SociéTerre Équilibré | Portefeuille Desjardins SociéTerre Équilibré |
| Portefeuille SociéTerre Croissance | Portefeuille Desjardins SociéTerre Croissance |
| Portefeuille SociéTerre Croissance maximale | Portefeuille Desjardins SociéTerre Croissance maximale |
| Portefeuille SociéTerre 100 % actions | Portefeuille Desjardins SociéTerre 100 % actions |
The manager will also change the name of the Wise Balanced ETF and Wise Maximum Growth ETF portfolios which will be renamed as the Wise Moderate ETF Portfolio and the Wise Aggressive ETF Portfolio respectively.
Implementation of the changes described above is subject to approval from the regulatory authorities.
Revised risk level for certain Desjardins Funds
DI announces a review of the risk rating attributed to certain Desjardins Funds effective as of March 28, 2024. The table below lists each Desjardins Funds affected by this change:
| Desjardins Funds | Previous risk rating | Revised risk rating (As of March 28, 2004) |
| Desjardins Global Corporate Bond Fund | Low | Low to Medium |
| Desjardins SocieTerra Global Corporate Bond Fund | Low | Low to Medium |
| Desjardins SocieTerra American Small Cap Equity Fund | Medium | Medium to High |
| Desjardins SocieTerra Positive Change Fund | Medium | Medium to High |
| SocieTerra Conservative Portfolio | Low | Low to Medium |
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.
Desjardins®, all trademarks containing the word Desjardins, as well as related logos are trademarks of the Fédération des caisses Desjardins du Québec, used under licence.
For further information (media inquiries only):
Public Relations
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