Management Fee Reductions

Desjardins announces another slate of fund fee reductions

At a glance: Desjardins Funds' newly reduced management fees

On January 2nd, 2020, Desjardins Investments (DI) lowered management fees on two Desjardins Funds, across the majority of the classes of funds currently offered. These reductions are in addition to those announced for 24 funds in October of last year. In doing this, DI reaffirms its commitment to deliver great investment value to Desjardins Funds investors.

Highlights:

  • Management fees were cut by as much as 5 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:


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

C-Class F-Class
Desjardins Funds Reduction date MER Before Fee Reduction (%)1 Estimated MER After Fee Reduction (%)2 MER Before Fee Reduction (%)1 Estimated MER After Fee Reduction (%)2
Desjardins Short-Term Income Fund October 1, 2019 1.30 1.19 0.73 0.64
Desjardins Canadian Bond Fund October 1, 2019 1.41 1.36 0.79 0.73
Desjardins SocieTerra Canadian Bond Fund October 1, 2019 1.45 1.40 0.79 0.73
Desjardins Enhanced Bond Fund October 1, 2019 1.44 1.39 0.78 0.72
Desjardins Floating Rate Income Fund October 1, 2019 - - 0.93 0.88
Desjardins Global Corporate Bond Fund January 2, 2020 1.55 1.49 0.90 0.84
Desjardins Global Balanced Strategic Income January 2, 2020 2.25 2.20 1.10 1.05
Desjardins Canadian Equity Fund October 1, 2019 2.21 2.16 - -
Desjardins Canadian Equity Value Fund October 1, 2019 2.18 2.13 - -
Desjardins SocieTerra Canadian Equity Fund October 1, 2019 2.24 2.19 - -
Desjardins American Equity Value Fund October 1, 2019 2.25 2.20 1.12 1.07
Desjardins American Equity Growth Fund October 1, 2019 2.27 2.22 1.15 1.09
Desjardins American Equity Growth Currency Neutral Fund October 1, 2019 2.30 2.25 1.18 1.12
Desjardins SocieTerra American Equity Fund October 1, 2019 2.36 2.30 1.17 1.11
Desjardins Low Volatility Global Equity Fund October 1, 2019 - - 1.23 1.17
Desjardins Overseas Equity Fund October 1, 2019 - - 1.23 1.17
Desjardins Overseas Equity Growth Fund October 1, 2019 - - 1.21 1.15
Desjardins SocieTerra International Equity Fund October 1, 2019 - - 1.23 1.17
Desjardins Global Equity Fund October 1, 2019 - - 1.24 1.18
Desjardins Global Equity Growth Fund October 1, 2019 - - 1.21 1.15
Desjardins SocieTerra Positive Change Fund October 1, 2019 - - 1.24 1.18
Desjardins Low Volatility Emerging Markets Fund October 1, 2019 - - 1.34 1.28
Desjardins Emerging Markets Fund October 1, 2019 - - 1.31 1.25
Desjardins Emerging Markets Opportunities Fund October 1, 2019 2.61 2.55 1.48 1.42
Desjardins SocieTerra Emerging Markets Equity Fund October 1, 2019 - - 1.43 1.37
Desjardins Global Infrastructure Fund October 1, 2019 2.44 2.38 - -
  1. 1. As at September 30, 2019
  2. 2. Information about the Management Expense Ratio reduction and he 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.
  3. The Desjardins Funds are not guaranteed, their value fluctuates frequently, and their past performance is not indicative of their future returns. The indicated rates of return are the historical annual compounded total returns of the date of the present document including changes in securities value and reinvestment of all distributions and do not consider sales, redemption, distribution or other optional charges, or income taxes payable by any securityholder that would have reduced returns. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The Desjardins Funds are offered by registered dealers.