Desjardins Investments makes changes to its mutual fund lineup

MONTREAL, Sept. 2, 2020 /CNW Telbec/ - Desjardins Investments Inc. ("DI"), the manager of the Desjardins Funds, today announced a number of changes to its mutual funds. The changes, described in detail below, include fund name change, portfolio sub-manager appointments, investment strategies change and fee reductions. DI regularly reviews its mutual fund's offer to ensure they continue to meet the evolving investment needs of financial advisors and investors.
Desjardins Investments makes changes to its mutual fund lineup
(New) Global balanced growth investment strategyThe existing Desjardins Tactical Balanced Fund will be renamed Desjardins Global Balanced Growth Fund effective October 13, 2020 to better reflect its new mandate and investment strategy.Wellington Management will become the fund's new portfolio sub-manager effective October 13, 2020. With over USD 1.1 trillion in client assets under management as of 30 June 2020, it is one of the world's largest independent investment management firms. With multi-asset investors in Asia, Europe, and the US, Wellington Management brings diverse perspectives to investment research with more than 100 multi-asset investment professionals, including specialist portfolio managers and analysts.
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