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Investment Objective
The objective of the Desjardins Short-Term Income Fund is to provide unitholders with high income. To do so, the Fund invests mainly in government bonds, high-quality money market instruments and first mortgages.
Investment Strategies
To achieve the Fund’s objective, the portfolio manager:
 | Selects government and corporate issues with good credit ratings;
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| Emphasizes diversification to maintain a low level of risk;
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| Selects issues with the aim of increasing or decreasing the portfolio’s average duration;
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| May invest in foreign assets;
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| May use derivatives;
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| May undertake securities lending transactions to generate additional income. |
What Are the Risks of investing in This Fund?
Although the risk level of the Desjardins Short-Term Income Fund remains low, the risks related to interest rates, credit, securities lending transactions, international equities and currencies should be taken into account.
Who Should Invest in This Fund?
The Desjardins Short-Term Income Fund is ideal for investors with low risk tolerance seeking regular income.
Portfolio Manager
Fiera YMG Capital
Fund Information
Type of fund
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Short-term Canadian income fund
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Inception
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June 30, 1965
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Type of securities
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Mutual fund units
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Eligibility
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100% eligible for RRSPs, LIRAs, RRIFs, LIFs, DPSPs, RESPs
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Management expense ratio
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1.56%
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Income distribution frequency
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Monthly
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Capital gains distribution frequency
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Annual
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