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.

Read: ETF facts, mutual fund risk methodology now finalized

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.

Originally published on Advisor.ca
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