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August 16, 2010 - Desjardins ranks second among large mutual fund companies

According to official June statistics from the Investment Funds Institute of Canada (IFIC), Desjardins ranks second among large mutual fund companies having recorded the strongest growth over the past 12 months.

Between June 2009 and June 2010, Desjardins posted an increase of 22.5% in assets under management (to $11.8 billion), ranking it second among large mutual fund companies, i.e., those with over $10 billion in assets under management.

IFIC figures put total mutual fund investments in Canada at $591.8 billion at the end of June, a $44.7 billion (8.2%) increase over June 2009.

Source: Finance et investissement.com