Desjardins Investments Launches Innovative Mutual Funds
Desjardins Investments Introduces New Mutual Funds
Desjardins Investments Inc. is excited to announce significant updates to its mutual fund lineup. The firm, known for its dedication to meeting the diverse financial needs of its members and clients, has launched three new Desjardins Target Date Investment Grade Bond Funds. This introduction aims to offer flexible and affordable alternatives in the growing investment landscape.
Meeting Client Needs with Target Date Funds
Jean-François Girard, Manager of Investment Fund Development and Management, articulated the firm's vision: "Desjardins is meeting the needs of its members and clients by providing alternatives to guaranteed investment certificates and individual bonds." These new funds are designed to deliver tax-efficient investment solutions while accommodating various financial goals and time horizons.
Details of the New Investment Funds
The three newly introduced Desjardins Target Date Investment Grade Bond Funds will mature in 2028, 2029, and 2030 respectively. Each fund features distinct classes of units available for investors:
Available Funds and Classes of Units
The Desjardins Target 2028 Investment Grade Bond Fund offers units in classes C, F, and D. Similarly, the Desjardins Target 2029 Investment Grade Bond Fund provides the same classes for potential investors, ensuring a range of options. The Desjardins Target 2030 Investment Grade Bond Fund also maintains this structure. Investors can select from these classes based on their investment preferences.
Investment Management and Goals
All funds are managed by Desjardins Global Asset Management Inc., ensuring a disciplined approach as they pursue regular income while protecting capital. The investment strategy focuses on high-quality fixed-income securities from Canadian corporations positioned within the Canadian market, guaranteeing a robust framework for growth.
Introduction of W-Class Units
Moreover, Desjardins Investments is debuting W-Class Units for both the Desjardins Global High Yield Bond Fund and the Desjardins Sustainable Global Bond Fund. These additions are tailored to further diversify investment opportunities for discerning clients.
Desjardins Investments: A Legacy of Innovation
With over $47.7 billion in assets under management, Desjardins Investments stands out as a prominent player in Canada's mutual fund landscape. It boasts collaborations with internationally recognized fund managers from over 20 portfolio management firms globally, focusing on responsible investing principles. This strategic alignment underscores its dedication to providing high-quality investment options while encouraging responsible financial practices.
About Desjardins Group
Desjardins Group is North America's largest cooperative financial group. Celebrating over a century of commitment to its members, it is recognized for both its financial strength and its status as one of the top employers. As it approaches its 125th anniversary, Desjardins continues to adapt and innovate to meet the needs of clients across the country.
The Future of Investment with Desjardins
With ongoing developments in its fund offerings and a steadfast commitment to responsible investing, Desjardins Investments is well-positioned to continue its legacy of excellence in the financial industry.
Frequently Asked Questions
What are the new mutual funds introduced by Desjardins Investments?
Desjardins Investments has launched three new Target Date Investment Grade Bond Funds maturing in 2028, 2029, and 2030.
What classes of units are available for these funds?
The available classes include C, F, and D for the new bond funds.
Who manages the Desjardins mutual funds?
The funds are managed by Desjardins Global Asset Management Inc.
What is the primary investment focus of these funds?
The funds primarily invest in high-quality investment grade fixed-income securities issued by Canadian corporations.
What distinguishes Desjardins Group in the financial industry?
Desjardins Group is known for its financial stability, innovative offerings, and recognition as one of the leading employers in Canada.
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