Montreal, January 22, 2021 - Seven Desjardins mutual funds and one Desjardins exchange-traded fund (ETF) were recognized for their sustained performance during 2020 at the annual FundGrade A+® Awards ceremony held today by Fundata Canada Inc. In addition, seven Desjardins Guaranteed Investment Funds (GIFs) were awarded. Among the winners, one Desjardins Fund was also awarded in the responsible investment category for a RI FundGrade A + ®.

The FundGrade A+® Awards celebrate Canadian funds that displayed the best risk-adjusted returns and maintained high FundGrade scores throughout an entire calendar year.

"We're very honoured and proud that our mutual funds, ETFs and guaranteed investment funds are recognized by Fundata. Our products demonstrate Desjardins' commitment to providing our members and clients with investment solutions that meet their needs and objectives," said Jean-François Girard, Director, Mutual Fund and Guaranteed Investment Development at Desjardins.

The following mutual fund offered by Desjardins Investments Inc. has obtained Fundata's RI FundGrade A+® rating:

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The following mutual funds offered by Desjardins Investments Inc. were awarded Fundata's FundGrade A+® rating:

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The following ETF offered by Desjardins Global Asset Management Inc. was awarded Fundata's FundGrade A+® rating:

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The following guaranteed investment funds (GIFs) offered by Desjardins Financial Security, Life Insurance Company were awarded Fundata's FundGrade A+® rating:

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* The Canadian Investment Funds Standards Committee (CIFSC) is a Canadian independent organization that defines the categories of funds.

** The end date for the FundGrade calculation is December 31, 2020 for the period from January 1, 2020 to December 31, 2020.

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The FundGrade A+® Awards are presented annually by Fundata Canada Inc. to Canadian investment funds that achieve consistently high FundGrade scores through an entire calendar year. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then equally weighted in calculating a monthly FundGrade rating. The FundGrade ratings are divided between five tranches from "A Grade" (superior performance) to "E Grade" (lower performance). The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA (Grade Point Average)-style calculation, where each monthly FundGrade rating from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. The FundGrade grades are subject to change each month. For more information, please see the web site www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

The 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 all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns, including changes in unit value and reinvestment of all distributions and do not consider sales, redemption, distribution or other optional charges, or income taxes payable by any security holder, that would have reduced returns. The Desjardins Funds are offered by registered dealers.

The Desjardins Exchange Traded Funds (ETFs) are not guaranteed, their value fluctuates frequently, and their past performance is not indicative of their future returns. Commissions, management fees and expenses all may be associated with an investment in exchange traded funds. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns, including changes in security value and reinvestment of all distributions and do not consider sales, redemption, distribution or other optional charges, or income taxes payable by any security holder, that would have reduced returns. Desjardins Global Asset Management Inc. is the manager and portfolio manager of the Desjardins ETFs. The Desjardins ETFs are offered by registered dealers.

The Desjardins brand is a trademark of the Fédération des caisses Desjardins du Québec, used under licence.

DFS Guaranteed Investment Funds are established by Desjardins Financial Security Life Assurance Company. Helios and DFS Guaranteed Investment Funds are registered trademarks of Desjardins Financial Security Life Assurance Company. DESJARDINS INSURANCE refers to Desjardins Financial Security Life Assurance Company. DESJARDINS, DESJARDINS INSURANCE and related trademarks are trademarks of the Fédération des caisses Desjardins du Québec used under license by Desjardins Financial Security Life Assurance Company.

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