Desjardins Investments announces the voting result following the special meetings of the Melodia Very Conservative Income Portfolio and the Melodia Conservative Income Portfolio
Montreal, August 20, 2026 – Desjardins Investments Inc. ("DI"), as manager of the Desjardins Funds, announces the voting results following the special meetings of the Melodia Very Conservative Income Portfolio and the Melodia Conservative Income Portfolio (each a “Terminating Fund”, and collectively the “Terminating Funds”) held on August 20, 2026, during which unitholders have approved the proposed taxable mergers of the Terminating Funds with the Desjardins Active Strategy Conservative Portfolio (the “Continuing Fund”) as detailed below.
As previously announced, the Melodia Conservative Income Portfolio is currently closed to all new investors while the Melodia Very Conservative Income Portfolio is also closed to new investors as well as to additional investments, except for investments made by periodic payments.
- Mergers of the Terminating Funds
Following the approval by unitholders of the proposed taxable mergers, each Terminating Fund will merge into the Continuing Fund after the close of business at 4:00 p.m. (Eastern Time) on or about September 4, 2026 (the “Merger Date”).
Current unitholders of the Terminating Funds will no longer be able to purchase, redeem (sell) or switch (exchange) securities of the Terminating Funds as of 4:00 p.m. (Eastern Time) on September 3, 2026, which is the day preceding the Merger Date.
Each proposed merger was submitted to the Independent Review Committee, which issued a favorable recommendation having determined, as part of its review, that each proposed merger, if implemented, would achieve a fair and reasonable result for unitholders of the Terminating Funds.
In the case of each merger, unitholders of the Terminating Funds will receive and become direct holders of the corresponding class of units offered by the Continuing Fund as noted below. The Terminating Funds will be dissolved following completion of the mergers and will cease to exist.
Terminating Fund Units that you hold | Continuing Fund Units that you will receive | ||
Terminating Funds | Class Units | Continuing Fund | Class Units |
Melodia Very Conservative Income Portfolio -and- Melodia Conservative Income Portfolio | A-, T4-, C- and R4- | Desjardins Active Strategy Conservative Portfolio | A-, T4-, C- and R4- |
F- and S4- | F- and S4- | ||
D- | D- | ||
K- and L- | K- and L- | ||
I- | I- | ||
DI may, at its discretion, decide to defer the implementation of the mergers to a later date or not to proceed with the implementation of either merger if DI determines that doing so is in the best interests of the unitholders and the Terminating Funds.
To obtain further information with respect to the mergers, please refer to the management information circular dated July 10, 2026. You can get a copy of management information circular and other information about the Desjardins Funds, at your request, and at no cost, by calling 514 286-3499 or toll free 1 866 666-1280, or from your representative. These documents and other information about the Desjardins Funds are also available on the websites of the Desjardins Funds at www.desjardinsfunds.com and of SEDAR+ at www.sedarplus.ca.
For more information (media inquiries only):
Public relations, Desjardins Group
media@desjardins.com