Desjardins Investments, manager of the Desjardins Funds, is reducing the risk level for a number of its funds, effective March 31, 2017. These changes follow the introduction of CSA’s new fund risk methodology.
Here’s a list of the affected funds and how their risk levels are changing.
|Funds||Actual Risk Level||Revised Risk Level
(March 31, 2017)
|Desjardins SocieTerra Environmental Bond Fund||Low to medium||Low|
|Desjardins Global Corporate Bond Fund||Low to medium||Low|
|Desjardins Emerging Markets Bond Fund||Medium||Low to medium|
|Desjardins IBrix Low Volatility Global Equity Fund||Medium||Low to medium|
|Desjardins Global Small Cap Equity Fund||Medium to high||Medium|
|Desjardins IBrix Low Volatility Emerging Markets Fund||High||Medium|
|Desjardins Emerging Markets Fund||High||Medium to high|
|Desjardins Emerging Markets Opportunities Fund||High||Medium to high|
|Desjardins Global Infrastructure Fund||Medium to high||Medium|
|Melodia Moderate Income Portfolio||Low to medium||Low|
|Melodia Moderate Growth Portfolio||Low to medium||Low|
|Chorus II Moderate Low Volatility Portfolio (previously Chorus II Balanced Income Portfolio)||Low to medium||Low|
|Chorus II Dynamic Growth Portfolio (previously Chorus II High Growth Portfolio)||Medium||Low to medium|
|Desjardins Global Small Cap Equity Corporate Class||Medium to high||Medium|
|Desjardins Emerging Markets Opportunities Corporate Class||High||Medium to high|
|Chorus II Corporate Class Moderate Low Volatility Portfolio (previously Chorus II Corporate Class Balanced Income Portfolio)||Low to medium||Low|
|Chorus II Corporate Class Dynamic Growth Portfolio (previously Chorus II Corporate Class High Growth Portfolio)||Medium||Low to medium|
The changes are subject to approval by regulatory authorities. Desjardins Investments reserves the right to defer the implementation of the changes described above.