Management expense reduction

New, lower management fees. At your service!

At a glance: Desjardins Funds’ reduced management fees

On January 18, 2018, Desjardins Investments (DI) is lowering management fees on 32 Desjardins Funds, across the majority of the series of funds currently offered.

In doing so, DI reaffirms its commitment to delivering great investment value to Desjardins Funds investors. These changes highlight an acceleration of improvements as they are the second wave of management fee reductions since 2016.

Highlights:

  • Management fees will be cut by as much as 25 basis points for certain funds.
  • All investors will benefit, regardless of the amount invested (subject to applicable minimums).
  • These savings will be wholly passed on to investors and will therefore help them improve their returns

For more information, please consult the following resources:

  • The press release in the news section
  • The FAQ in the secure section for advisors

Here is an overview of the changes to the Management Expense Ratios (MERs):

Desjardins Funds C-Class F-Class
MER Before Fee Reduction (%) Estimated MER After Fee Reduction (%) MER Before Fee Reduction (%) Estimated MER After Fee Reduction (%)
Desjardins Money Market Fund Not included Not included 0.64 0.52
Desjardins Canadian Bond Fund 1.55 1.49 0.98 0.80
Desjardins SocieTerra Canadian Bond Fund 1.53 1.52 0.95 0.77
Desjardins Enhanced Bond Fund 1.64 1.50 1.00 0.80
Desjardins Global Inflation Linked Bond Fund 1.84 1.57 1.03 0.74
Desjardins Global Corporate Bond Fund 1.70 1.61 1.02 0.91
Desjardins Floating Rate Income Fund 1.80 1.69 1.03 0.97
Desjardins Global Tactical Bond Fund 1.94 1.85 1.15 1.04
Desjardins Canadian Preferred Share Fund Not included Not included 0.94 0.86
Desjardins Emerging Markets Bond Fund 1.96 1.87 Not included Not included
Desjardins Tactical Balanced 2.19 2.15 1.16 1.12
Desjardins Québec Balanced Fund 2.22 2.12 1.16 1.06
Desjardins Dividend Growth Fund 2.24 2.11 1.11 0.99
Desjardins Canadian Equity Income Fund 2.29 2.16 1.10 0.98
Desjardins Canadian Equity Fund 2.35 2.30 1.01 0.97
Desjardins Canadian Equity Value Fund 2.42 2.20 1.04 0.99
Desjardins American Equity Value Fund 2.42 2.27 1.15 1.12
Desjardins American Equity Growth Fund 2.47 2.32 1.15 1.12
Desjardins American Equity Growth Currency Neutral Fund 2.68 2.45 1.36 1.19
Desjardins SocieTerra American Equity Fund Not included Not included 1.24 1.18
Desjardins Overseas Equity Growth Fund 2.63 2.41 1.34 1.22
Desjardins Global Dividend Fund 2.51 2.37 1.31 1.14
Desjardins Global Equity Growth Fund 2.64 2.47 1.34 1.23
Desjardins SocieTerra Environment Fund 2.39 2.34 1.34 1.29
Desjardins Global Small Cap Equity Fund 2.63 2.44 1.29 1.22
Desjardins IBrix Low Volatility Emerging Markets Not included Not included 1.51 1.38
Desjardins Emerging Markets Fund 2.82 2.62 1.63 1.39
Desjardins Emerging Markets Opportunities Fund 2.89 2.67 1.63 1.49
Desjardins Global Infrastructure Fund 2.64 2.43 1.41 1.33
Melodia Maximum Growth Portfolio 2.45 2.40 Not included Not included
SocieTerra Conservative Portfolio 2.03 1.98 Not included Not included
SocieTerra Maximum Growth Portfolio 2.56 2.45 Not included Not included

As at September 30, 2017.

Information about the Management Expense Ratio reduction and the estimated Management Expense Ratio is provided to show how the reduction will affect investors. This information is subject to the Fund’s inherent uncertainty and risk, and any forecasts, projections or other forward-looking information may not come to pass. As a result, you should not unduly rely on this forward-looking information. Forward-looking opinions may change without notice and are provided in good faith with no legal responsibility.

Desjardins Funds are not guaranteed. Their value fluctuates frequently and past performance is not indicative of future returns. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by such registered dealers as Desjardins Financial Services Firm Inc., a mutual fund dealer belonging to Desjardins Group that distributes the Funds in caisses throughout Quebec and Ontario.