Montreal, October 28, 2019 - Desjardins Investments Inc. ("DI"), manager of the Desjardins Funds, is announcing the closure of a Desjardins fund and the closure of some Classes of Units of another fund. DI is continually improving its product offering to ensure it meets investors' needs and is adapted to financial market realities. Considering the low net asset value and limited number of unitholders, the manager has decided to close the Desjardins IBrix Canadian High Dividend Equity Fund and the Classes of Units A-, C-, F- and D- of the Desjardins IBrix Global Bond Fund.
These closures will take place on or about January 17, 2020. DI reserves the right to postpone implementing the change described above.
Starting October 29, 2019, DI will suspend any additional investment in the funds units at issue, with the exception of investments made by periodic payments.
Desjardins Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by registered dealers.