At a glance: Desjardins Funds' newly reduced management fees
On April 1st, 2019, Desjardins Investments (DI) is lowering management fees on 3 Desjardins Funds, across the majority of the classes of funds currently offered. These reductions are in addition to those announced for 28 funds in October of
last year.
In doing this, DI reaffirms its commitment to delivering great investment value to Desjardins Funds investors. These changes highlight an acceleration of improvements as they are the fifth wave of management fee reductions since 2016.
Highlights:
- Management fees will be cut by as much as 21 basis points for certain funds.
- All investors will benefit, regardless of the amount invested (subject to applicable minimums).
- These savings will be wholly passed on to investors and will therefore help them improve their returns.
For more information, please consult the following resources:
Here is an overview of the most recent changes to the Management Expense Ratios (MERs):
|
|
C-Class |
F-Class |
| Desjardins Funds |
Reduction date |
MER Before Fee Reduction (%)1 |
Estimated MER After Fee Reduction (%)2 |
MER Before Fee Reduction (%)1 |
Estimated MER After Fee Reduction (%)2 |
| Desjardins Canadian Bond Fund |
October 1, 2018 |
1.50 |
1.44 |
- |
- |
| Desjardins SocieTerra Canadian Bond Fund |
October 1, 2018 |
1.52 |
1.46 |
- |
- |
| Desjardins Enhanced Bond Fund |
October 1, 2018 |
1.54 |
1.48 |
- |
- |
| Desjardins Ibrix Global Bond Fund |
October 1, 2018 |
- |
- |
0.97 |
0.91 |
| Desjardins Global Corporate Bond Fund |
October 1, 2018 |
1.64 |
1.58 |
- |
- |
| Desjardins Canadian Preferred Share Fund |
October 1, 2018 |
- |
- |
0.89 |
0.77 |
| Desjardins Emerging Markets Bond Fund |
October 1, 2018 |
1.81 |
1.75 |
1.25 |
1.02 |
| Desjardins Dividend Growth Fund |
October 1, 2018 |
2.15 |
2.09 |
- |
- |
| Desjardins Canadian Equity Income Fund |
October 1, 2018 |
2.19 |
2.13 |
- |
- |
| Desjardins Canadian Equity Fund |
October 1, 2018 |
2.33 |
2.27 |
- |
- |
| Desjardins Canadian Equity Value Fund |
October 1, 2018 |
2.29 |
2.23 |
- |
- |
| Desjardins SocieTerra Canadian Equity Fund |
October 1, 2018 |
2.32 |
2.26 |
- |
- |
| Desjardins American Equity Value Fund |
October 1, 2018 |
2.34 |
2.28 |
- |
- |
| Desjardins American Equity Growth Fund |
October 1, 2018 |
2.38 |
2.32 |
- |
- |
| Desjardins American Equity Growth Currency Neutral Fund |
October 1, 2018 |
2.45 |
2.39 |
- |
- |
| Desjardins SocieTerra American Equity Fund |
October 1, 2018 |
2.44 |
2.38 |
- |
- |
| Desjardins IBrix Low Volatility Global Equity Fund |
October 1, 2018 |
2.50 |
2.41 |
1.34 |
1.23 |
| Desjardins Overseas Equity Fund |
April 1, 2019 |
2.55 |
2.49 |
- |
- |
| Desjardins Overseas Equity Growth Fund |
April 1, 2019 |
2.49 |
2.32 |
- |
- |
| Desjardins SocieTerra International Equity Fund |
April 1, 2019 |
2.47 |
2.38 |
- |
- |
| Desjardins Global Equity Fund |
October 1, 2018 |
2.48 |
2.42 |
1.34 |
1.28 |
| Desjardins SocieTerra Environment Fund |
October 1, 2018 |
2.35 |
2.24 |
1.31 |
1.19 |
| Desjardins SocieTerra Positive Change Fund |
October 1, 2018 |
2.51 |
2.45 |
1.30 |
1.24 |
| Desjardins Global Small Cap Equity Fund |
October 1, 2018 |
2.50 |
2.44 |
- |
- |
| Desjardins SocieTerra Cleantech Fund |
October 1, 2018 |
2.66 |
2.60 |
- |
- |
| Desjardins Ibrix Low Volatility Emerging Markets Fund |
October 1, 2018 |
2.80 |
2.56 |
1.48 |
1.36 |
| Desjardins Emerging Markets Opportunities Fund |
October 1, 2018 |
2.74 |
2.68 |
- |
- |
| Desjadins SocieTerra Emerging Markets Equity Fund |
October 1, 2018 |
2.76 |
2.64 |
1.49 |
1.43 |
| Desjardins Global Infrastructure Fund |
October 1, 2018 |
2.55 |
2.49 |
1.38 |
1.32 |
- 1. As at September 30, 2018.
- 2. Informationabout the Management Expense Ratio reduction and he estimated Management Expense Ratio is provided to show how the reduction will affect investors. This information is subject to the Fund's inherent uncertainty and
risk, and any forecasts, projections or other forward-looking information may not come to pass. As a result, you should not unduly rely on this forward-looking information. Forward-looking opinions may change without notice and are provided in good faith
with no legal responsibility.
- Desjardins Funds are not guaranteed. Their value fluctuates frequently and past performance is not indicative of future returns. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.
Please read the prospectus before investing. Desjardins Funds are offered by such registered dealers as Desjardins Financial Services Firm Inc., a mutual fund dealer belonging to Desjardins Group that distributes the Funds in caisses throughout Quebec
and Ontario.
