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Investment Objective
The objective of the Desjardins Ethical Canadian Balanced Fund is to provide unitholders with moderate income and long-term capital growth. To do so, the Fund invests in different investment funds comprising mainly fixed-income securities or growth stocks.
Investment Strategies
To achieve the Fund’s objective, the portfolio manager:
 | Invests 40% of assets in fixed-income mutual funds and 60% in growth funds;
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| May replace, add or remove mutual funds or change their weightings to improve the fund’s overall performance;
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| Selects ethical mutual funds that comply with ethical principles;
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| May invest in foreign assets;
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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 Ethical Canadian Balanced Fund varies from low to medium, the risks related to interest rates, credit, international equities, currencies, derivatives and common shares should be taken into account.
Who Should Invest in This Fund?
The Desjardins Ethical Canadian Balanced Fund is ideal for investors with a moderately high risk tolerance seeking reasonable income and long-term capital growth. The Fund is also suitable for investors looking to include government securities and socially responsible companies in their portfolios.
Portfolio Manager
Ethical Funds Company TM
Fund Information
Type of fund
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Canadian balanced fund
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Inception
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January 10, 2000
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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, TFSAs, LIRAs, RRIFs, LIFs, DPSPs, RESPs
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Management expense ratio
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2.99%
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Income distribution frequency
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Quarterly
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Capital gains distribution frequency
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Annual
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