Desjardins Investments Makes Changes to Its Mutual Fund Lineup

Montreal, July 23, 2026 – Desjardins Investments Inc. ("DI"), as manager of the Desjardins Funds, announces changes to its mutual fund lineup. AS part of the periodic review of its investment offerings and products, DI may make adjustments to certain Funds, including mergers and terminations. These changs are intended to simplify the lineup of funds, optimize portfolio management, and provide an investment solution that is better aligned with the evolving needs of members, clients, and investors.

These changes, described in detail below, include the merger of two Desjardins Funds as well as the closure and termination of certain unit classes and certain Desjardins Funds. DI also announces changes to the investment strategies of the Desjardins Enhanced Bond Fund. 

• Merger of the Desjardins Dividend Growth Fund with the Desjardins Canadian Equity Income Fund

DI announces its intention to merge the Desjardins Dividend Growth Fund (the “Terminating Fund”) with the Desjardins Canadian Equity Income Fund (the “Continuing Fund”) after the close of business at 4:00 p.m. (Eastern Time) on or about November 13, 2026 (the ''Merger Date''). It will therefore no longer be possible for all unitholders of the Terminating Fund to purchase or exchange Terminating Fund's Units as of 4:00 p.m. (Eastern Time) on or about November 12, 2026, which is the date preceding the Merger Date. 

The merger has been approved by the Independent Review Committee and will be a tax-deferred qualifying exchange. Unitholders affected by this decision will be advised at least 60 days prior to the Merger Date. Following the merger, unitholders of the Terminating Fund will become unitholders of the Continuing Fund.

In anticipation of these changes, the Terminating Fund will be closed to all new investors, as of 4:00 p.m. (Eastern Time) on or about August 24, 2026. 

• Closure and termination of the Desjardins Target 2026 Investment Grade Bond Fund and the Desjardins Sustainable Global Balanced Fund

DI announces the termination of the Desjardins Target 2026 Investment Grade Bond Fund and the Desjardins Sustainable Global Balanced Fund after the close of business at 4:00 p.m. (Eastern Time) on or about November 27, 2026 (the ''Termination Date''). 

Unitholders will have the right to redeem or switch their units of the aforesaid Funds up to the close of business on the Termination Date. Unitholders affected by this decision will be advised at least 60 days prior to the Termination Date.

In anticipation of these changes, the Funds will be closed to all new investors and any additional investments, except for investments made by periodic payments, as of 4:00 p.m. (Eastern Time) on or about August 24, 2026. 

• Closure and termination of certain Desjardins Funds Unit Classes 

DI announces the termination of certain Desjardins Funds Unit Classes described in the table below (collectively the “Terminating Units”) after the close of business at 4:00 p.m. (Eastern Time) on or about November 27, 2026 (the ''Termination Date'').

Unitholders will have the right to redeem or switch their units up to the close of business on the Termination Date. Unitholders affected by this decision will be advised at least 60 days prior to the Termination Date.

In anticipation of these changes, the Terminating Units will be closed to all new investors and any additional investments, except for investments made by periodic payments, as of 4:00 p.m. (Eastern Time) on or about August 24, 2026.

• Changes to the investment strategies of the Desjardins Enhanced Bond Fund

DI announces changes to the investment strategies of the Desjardins Enhanced Bond Fund to adjust the threshold applicable to investments in high-yield bonds, which will be reduced from 30% to 5%. Both the fundamental investment objective and the risk rating of the Fund will remain unchanged.

The above-mentioned changes will be made subject to approval from the regulatory authorities. DI reserves the right to suspend or defer the implementation of any of these changes to a later date.

For more information (media inquiries only):
Public relations, Desjardins Group
media@desjardins.com