The fund’s underlying investments have an interest rate of 2.25%
The firm will also provide fund accounting and shareholder services support
Investment costs reduce retail investor returns by 25% on average, the report says
The SocieTerra Growth Portfolio and Desjardins Québec Balanced Fund are affected
Pricing model distinguishes between management and advice costs
Dozens of funds will be affected
The adjustment affects five series of the fund
Desjardins Investments said Wednesday that it's closing two funds
Changes include management and fees
Mergers to occur in November