Desjardins Investments (DI) has reduced management fees by up to 25 basis points for a majority of unit classes for 32 funds, effective Jan. 18.

Affected funds are in the tables below.

DI will also merge the Desjardins Canadian Equity Growth Fund with Desjardins Canadian Equity Fund around March 23, the company said in a release.

Funds (A-, T-, C-, R- and Z-class units)Unit class affectedCurrent management fee rate, before taxes (%)Management fee rate effective Jan. 18, 2018, before taxes (%)Reduction (%)
Desjardins Canadian Bond FundA, C1.25%1.20%(0.05%)
Desjardins SocieTerra Canadian Bond FundA, C1.21%1.20%(0.01%)
Desjardins Enhanced Bond FundA, C1.33%1.20%(0.13%)
Desjardins Global Inflation Linked Bond FundA, C1.55%1.30%(0.25%)
Desjardins Global Corporate Bond FundA, C1.38%1.30%(0.08%)
Desjardins Floating Rate Income FundA, C1.45%1.35%(0.10%)
Desjardins Global Tactical Bond FundA, C1.58%1.50%(0.08%)
Desjardins Emerging Markets Bond FundA, C1.58%1.50%(0.08%)
Desjardins Tactical Balanced FundA, C1.84%1.80%(0.04%)
Desjardins Québec Balanced FundA, T, C, R1.89%1.80%(0.09%)
Desjardins Dividend Growth FundA, T, C, R1.87%1.75%(0.12%)
Desjardins Canadian Equity Income FundA, T, C, R1.87%1.75%(0.12%)
Desjardins Canadian Equity FundA, C1.89%1.85%(0.04%)
Desjardins Canadian Equity Value FundA, T, C, R2.05%1.85%(0.20%)
Desjardins American Equity Value FundA, C2.09%1.95%(0.14%)
Desjardins American Equity Growth FundA, C2.09%1.95%(0.14%)
Desjardins American Equity Growth Currency Neutral FundA, C2.15%1.95%(0.20%)
Desjardins Overseas Equity Growth FundA, C2.20%2.00%(0.20%)
Desjardins Global Dividend FundA, T, C, R2.08%1.95%(0.13%)
Desjardins Global Equity Growth FundA, C2.10%1.95%(0.15%)
Desjardins SocieTerra Environment FundA, C2.00%1.95%(0.05%)
Desjardins Global Small Cap Equity FundA, C2.17%2.00%(0.17%)
Desjardins Emerging Markets FundA, C2.38%2.20%(0.18%)
Desjardins Emerging Markets Opportunities FundA, C2.40%2.20%(0.20%)
Desjardins Global Infrastructure FundA, T, C, R2.24%2.05%(0.19%)
Melodia Maximum Growth PortfolioA, C2.07%2.02%(0.05%)
SocieTerra Conservative PortfolioA, T4, C, R4, Z41.71%1.66%(0.05%)
SocieTerra Maximum Growth PortfolioA, T6, C, R62.12%2.02%(0.10%)
Funds (F- and S-class units)Unit class affectedCurrent management fee rate, before taxes (%)Management fee rate effective Jan. 18, 2018, before taxes (%)Reduction (%)
Desjardins Money Market FundF0.50%0.39%(0.11%)
Desjardins Canadian Bond FundF0.71%0.55%(0.16%)
Desjardins SocieTerra Canadian Bond FundF0.71%0.55%(0.16%)
Desjardins Enhanced Bond FundF0.72%0.55%(0.17%)
Desjardins Global Inflation Linked Bond FundF0.75%0.50%(0.25%)
Desjardins Global Corporate Bond FundF0.75%0.65%(0.10%)
Desjardins Floating Rate Income FundF0.75%0.70%(0.05%)
Desjardins Global Tactical Bond FundF0.85%0.75%(0.10%)
Desjardins Canadian Preferred Share FundF0.67%0.60%(0.07%)
Desjardins Tactical Balanced FundF0.84%0.80%(0.04%)
Desjardins Québec Balanced FundF, S0.89%0.80%(0.09%)
Desjardins Dividend Growth FundF, S0.81%0.70%(0.11%)
Desjardins Canadian Equity Income FundF, S0.81%0.70%(0.11%)
Desjardins Canadian Equity FundF0.74%0.70%(0.04%)
Desjardins Canadian Equity Value FundF, S0.74%0.70%(0.04%)
Desjardins American Equity Value FundF0.88%0.85%(0.03%)
Desjardins American Equity Growth FundF0.88%0.85%(0.03%)
Desjardins American Equity Growth Currency Neutral FundF1.00%0.85%(0.15%)
Desjardins SocieTerra American Equity FundF0.90%0.85%(0.05%)
Desjardins Overseas Equity Growth FundF0.95%0.85%(0.10%)
Desjardins Global Dividend FundF, S0.95%0.80%(0.15%)
Desjardins Global Equity Growth FundF0.95%0.85%(0.10%)
Desjardins SocieTerra Environment FundF0.94%0.90%(0.04%)
Desjardins Global Small Cap Equity FundF0.96%0.90%(0.06%)
Desjardins IBrix Low Volatility Emerging Markets FundF1.17%1.05%(0.12%)
Desjardins Emerging Markets FundF1.21%1.00%(0.21%)
Desjardins Emerging Markets Opportunities FundF1.22%1.10%(0.12%)
Desjardins Global Infrastructure FundF, S1.07%1.00%(0.07%)

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