Desjardins took home more than one Lipper Fund Award at this year's gala in Toronto on November 7.
For the third year in a row, the Desjardins Quebec Balanced Fund (Class A) won the title of Best Canadian Neutral Balanced Fund in the 10-year category. 54 other funds were in the running for this award.
The Desjardins Overseas Equity Growth Fund took home the award for Best International Equity Fund in the 3-year category, winning out over the 74 other nominees.
"We're very proud for the recognition we've received. The Lipper Fund Awards represent a standard of excellence and we're honoured to be among the winners once again this year," said Jean-François Girard, manager of mutual fund and guaranteed investment development at Desjardins.
Thomson Reuters also organized a panel discussion during the gala, with a number of speakers joining via web conference. Among the panelists was Rosalie Vendette, leader of environmental, social and governance practices at Desjardins, reminding participants that Desjardins is a pioneer in responsible investment and that the company uses environmental, social and governance criteria when selecting and managing securities for its responsible investment portfolios.
About the Lipper Fund Awards
The annual Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36-, 60- and 120-month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5; the next 20% receive a score of 4; the middle 20% are scored 3; the next 20% are scored 2; and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see www.lipperfundawards.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.© 2018Thomson Reuters. All rights reserved. Used by permission and protected by the copyright laws of the United States. The printing, copying, redistribution or retransmission of this content without express written permission is prohibited.
The returns posted by the Desjardins Quebec Balanced Fund (Class A) for the period ended September 30, 2018 are as follows: 0.33% (1 year), 4.21% (3 years), 6.89% (5 years), 7.20% (10 years), 6.73% (since its inception on June 20, 1997). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 3 (3 years), 5 (5 years), 5 (10 years). The returns posted by the Desjardins Overseas Equity Growth Fund (Class A) for the period ended September 30, 2018 are as follows: 9.49% (1 year), 14.16% (3 years), 10.92% (5 years), N/A (10 years), 10.86% (since its inception on March 23, 2010). The corresponding Lipper Leader ratings of the fund for the same period are as follows: 5 (3 years), 5 (5 years), N/A (10 years). Desjardins Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Indicated rates of return are the historical annual compounded total returns as indicated on the date of the present document including changes in securities value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income tax payable by any security holder 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. Desjardins Funds are offered by registered dealers.