Montreal, March 31st, 2021 - 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 management fee reductions for certain funds, the abolition of trailer fees for certain funds and revised risk levels for certain funds. DI regularly reviews its mutual fund's offer to ensure they continue to meet the evolving investment needs of financial advisors and investors.

Management fee reductions for the Wise ETF Portfolios

DI announced that it will reduce management fees by up to 5 basis points for all F-Class units and most C-Class units of the Desjardins Wise ETF Portfolios, effective April 1st, 2021. These changes reflect DI's commitment to offering competitively priced investment funds.

Here is the list of Desjardins Wise ETF Portfolios classes of units affected:

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Abolition of trailer fees for D-Class Units

DI proceeds with the abolition of trailer fees for D-Class units of the Desjardins Funds and will reduce management fees by up to 25 basis points for all D-Class units of 61 Desjardins Funds, effective April 1st, 2021. This change is in response to regulatory changes by the Canadian Securities Administrators that will prohibit the payment of trailing commissions to executing brokers.

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Revised risk levels for certain Desjardins Funds

DI has announced changes to the risk levels of certain Desjardins Funds effective March 31, 2021.

Here is the list of the Desjardins Funds affected by this change:

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These changes will be made subject to regulatory approval. DI reserves the right to defer implementation of the changes described above to a later date.

About Desjardins Investments Inc.

Desjardins Investments Inc., manager of the Desjardins Funds, is one of Canada's largest mutual fund manufacturers, with $ 40.5 billion in assets under management. DI offers a broad range of investment funds to Canadian investors and stands out in the industry, among others, through its world-renowned portfolio managers representing more than 20 asset management companies around the world. In addition, DI is one of the most committed actors in promoting and advancing responsible investment in Canada.

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.

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