Investments

Desjardins to Change the Name of a Fund


MONTREAL, March 28, 2025 /CNW/ – Desjardins Investments Inc., acting as manager for Desjardins Funds, has announced a name change for one of its mutual funds.

As of today, the Desjardins Alt Long/Short Equity Market Neutral ETF Fund has been renamed the Desjardins Market Neutral ETF Fund. This change follows an earlier round of name changes announced on March 21, 2025, for four exchange-traded funds (ETFs) in the alternative fund category. The changes are intended to streamline the names of the ETFs and better differentiate them within Desjardins Investments’ lineup of alternative ETFs. The Desjardins Market Neutral ETF Fund invests virtually all of its net assets in units of the underlying Desjardins Market Neutral ETF.

This change is subject to regulatory approval.

About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the sixth largest in the world, with assets of $470.9 billion as at December 31, 2024. With more than 55,200 skilled employees, it has been named one of Canada’s Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, its online platforms, and its subsidiaries across Canada. Ranked among the world’s strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry. In 2025, Desjardins Group is celebrating its 125th anniversary, marking more than a century of focusing its ambitions and expertise on being there for members and clients.

About Desjardins Investments Inc.
Desjardins Investments Inc., manager of the Desjardins Funds, is one of Canada’s largest mutual fund manufacturers, with C$46.5 billion in assets under management as at December 31, 2024. DI offers a broad range of investment funds to Canadian investors and stands out in the industry, among others, through its world-renowned portfolio managers representing more than 20 asset management companies around the world. In addition, DI is one of the most committed actors in promoting and advancing responsible investment in Canada.

Desjardins Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by registered dealers.



Source link

Leave a Reply