Management Fee Reductions

Going further for you and your clients with reduced management fees

At a glance: Desjardins Funds’s newly reduced management fees

On October 1st, 2022, Desjardins Investments (DI) is lowering management fees on 25 Desjardins Funds, across the majority of the classes of funds currently offered. In doing this, DI reaffirms its commitment to delivering great investment value to Desjardins Funds investors.

Highlights

  • Management fees will be cut by as much as 18 basis points for certain products.
  • 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:


Understanding Management Expense Ratios (MER) - External link. This link will open in a new window.



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

C-Class F-Class
Desjardins Funds MER Before Fee Reduction (%)1 Estimated MER After Fee Reduction (%)2 MER Before Fee Reduction (%)1 Estimated MER After Fee Reduction (%)2
Desjardins Global Total Return Bond Fund 1.58 1.55 - -
Desjardins SocieTerra Environmental Bond Fund 1.56 1.53 0.85 0.82
Desjardins Floating Rate Income Fund 1.70 1.63 - -
Desjardins Global Tactical Bond Fund 1.80 1.73 - -
Desjardins Dividend Growth Fund 2.07 2.02 0.93 0.83
Desjardins Canadian Equity Income Fund 2.10 2.04 0.91 0.81
Desjardins Canadian Equity Fund 2.10 2.04 0.93 0.83
Desjardins Canadian Equity Value Fund 2.09 2.03 0.94 0.84
Desjardins SocieTerra Canadian Equity Fund 2.11 2.05 0.94 0.84
Desjardins Canadian Small Cap Equity Fund - - 1.20 1.10
Desjardins American Equity Value Fund - - 1.06 0.97
Desjardins American Equity Growth Fund - - 1.04 0.95
Desjardins American Equity Growth Currency Neutral Fund - - 1.07 0.98
Desjardins Overseas Equity Fund 2.21 2.17 - -
Desjardins Overseas Equity Growth Fund 2.24 2.18 1.07 1.04
Desjardins SocieTerra International Equity Fund 2.26 2.20 1.05 1.02
Desjardins Low Volatility Global Equity Fund 2.27 2.21 - -
Desjardins Global Dividend Fund 2.33 2.13 1.08 0.99
Desjardins Global Equity Fund 2.31 2.13 1.07 1.00
Desjardins Global Equity Growth Fund - - 1.07 1.01
Desjardins SocieTerra Diversity Fund 2.33 2.17 1.09 1.03
Desjardins SocieTerra Global Opportunities Fund(formerly Desjardins SocieTerra Environment Fund) 2.33 2.22 - -
Desjardins SocieTerra Positive Change Fund 2.30 2.16 1.06 1.00
Desjardins Global Small Cap Equity Fund 2.42 2.38 1.23 1.12
  1. 1. As at March 31, 2022.
  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.