Source: The CS Gender 3000: The Reward for Change, Crédit Suisse, Research Institute, September 2016, p. 25. Based on data collected between 2014 and 2016.

Female representation on the boards of the companies included in the Desjardins Sustainable Diversity Fund managed by Lazard is 41%, compared to 33% for companies in the Fund’s benchmark, the MSCI All Country World Index.
A benchmark index is an indicator that measures the changes in a set of securities from issuers with shared characteristics.
The index can assess the performance of a specific market and serves as a comparison with the changes in the performance of an investment fund.

Female representation on the executive committees of the companies included in the Desjardins Sustainable Diversity Fund managed by Lazard is 32%, compared to 25% for companies in the Fund’s benchmark, the MSCI All Country World Index.
A benchmark index is an indicator that measures the changes in a set of securities from issuers with shared characteristics. The index can assess the performance of a specific market and serves as a comparison with the changes in the performance of an investment fund.
Source: Lazard Asset Management LLC. Results as at December 31, 2023, calculated using weighted averages. The information is provided in response to a specific request from Desjardins and remains the property of Lazard Asset Management LLC (Lazard). Reproduced with permission by Desjardins; no further distribution. The information is for Desjardins use only and may not be reproduced or distributed in any form. Certain information included herein is derived by Lazard in part from an MSCI index or indices (the “Index Data”). However, MSCI has not reviewed this product or report, and does not endorse or express any opinion regarding this product or report or any analysis or other information contained herein or the author or source of any such information or analysis. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any Index Data or data derived therefrom. Information and opinions presented have been obtained or derived from sources believed by Lazard to be reliable. Lazard makes no representation as to their accuracy or completeness. All opinions expressed herein are as of the date of this presentation and are subject to change. This material is for informational purposes only. It is not intended to and does not constitute financial advice, fund management services, an offer of financial products or an offer to enter into any contract or investment agreement in respect of any product offered by Lazard and shall not be considered as an offer or solicitation with respect to any product, security or service in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or unauthorized or otherwise restricted or prohibited.

The chart showing the growth of $10 000 invested in the indicated class-units of the cited Desjardins Fund is used only to illustrate the effects of the compound growth rate and is not intended to reflect or to present future values of the investment fund or returns on investment in the investment fund.

As at June 30, 2024

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