THE 360 NEWSLETTER

Risk Rating Changes – Desjardins Investments

Compliance April 13, 2023
Print

Please be advised that effective March 31, 2023, the risk rating of the following funds was increased by Desjardins Investments (DJT):

  • Desjardins American Equity Growth Currency Neutral Fund: from “Moderate” to “Moderate to High”;
  • Desjardins Overseas Equity Growth Fund: from “Moderate” to “Moderate to High”;
  • Melodia Moderate Income Portfolio: “Low” to “Low to Moderate”;
  • Melodia Moderate Growth Portfolio: “Low” to “Low to Moderate”.

These changes have been reflected on the Fund Fact documents which are available on Univeris. The risk rating changes at the product level will be updated in Univeris as of Friday, April 14, 2023.

For more detailed information, please click here to read Desjardins’s fund notice, which is also available on the Investia Advisor Centre under Product Information / Fund Notices.

Representatives are expected to review impacted client accounts and work to resolve potential suitability concerns within a 3-month time period. For a list of your impacted clients, please reach out to your Compliance Officer once the changes have been made in Univeris.

Back to current issue