Desjardins Investments Makes Changes to Its Mutual Fund and ETF Lineup
Desjardins Investments Inc. will become the portfolio manager for most Desjardins Funds and ETFs starting January 1, 2027, replacing DGAM, though day-to-day management remains unchanged via sub-managers. Additionally, management fees for 16 Desjardins Funds will drop by up to 8 basis points.
Desjardins Investments Inc. ("DI"), as manager of the Desjardins Funds and the Desjardins Exchange Traded Funds (ETFs), announces upcoming changes to these two funds lineups.
These changes, described in detail below, include the designation of DI as portfolio manager of the Desjardins Funds and a significant portion of the Desjardins ETFs, as well as a reduction in the management fees applicable to certain classes of Desjardins Funds units
- Designation of Desjardins Investments Inc. as Portfolio Manager of the Desjardins Funds and a significant portion of the Desjardins ETFs
DI announces that, effective on or about January 1st, 2027, DI will act as portfolio manager of the Desjardins Funds and Desjardins ETFs, except for the Desjardins Global Macro ETF (collectively, the "Funds"), replacing Desjardins Global Asset Management Inc. ("DGAM").
In this regard, DI will retain portfolio sub-managers to assume responsibility for the management of the Funds' assets. Accordingly, this change will have no impact on the current management of the Funds' assets, which will continue to be carried out by DGAM, in its capacity as portfolio sub-manager, or by any other portfolio sub-manager currently responsible for such management, as applicable.
No changes will be made with respect to the Desjardins Global Macro ETF. DGAM will continue to act as portfolio manager of the fund and will retain the services of Graham Capital Management, L.P. as portfolio sub-manager.
- Reduced management fees for certain classes of Desjardins Funds Units
DI also announces that it will reduce the management fees of 16 Desjardins Funds by up to 8 basis points for certain classes of units. The management fee reductions are expected to take effect on or about January 1st, 2027.
These changes reflect DI's commitment to offering competitively priced actively managed investment funds. The following is a list of the affected Desjardins Funds unit classes:
Management Fees charged by the Manager, excluding applicable sales taxes, including GST and HST.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in Canada and the eighth largest in the world, with assets of $547.2 billion as at September 30, 2026. Desjardins has been named one of the top employers in Canada by both Forbes magazine and Mediacorp. It offers a full range of financial and insurance products and services through its extensive distribution network, its online platforms, and its subsidiaries across Canada. In addition to being ranked among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry.
About Desjardins Investments Inc.
As the manager of Desjardins Funds and Desjardins Exchange Traded Funds, Desjardins Investments Inc. is one of the leading investment fund managers in Canada, with $66.5 billion in assets under management as at September 30, 2026. Desjardins Investments offers a broad range of investment funds to Canadians and stands out in the industry for its roster of world-class portfolio managers representing 20 portfolio management firms around the world. In addition, Desjardins Investments is actively engaged in promoting and encouraging responsible investing in Canada.
Source : Desjardins Group
