Lévis, Que.-based Desjardins Wealth Management Friday announced changes to its all-in-one Melodia investment portfolios, which includes more than $9 billion in assets under management.
Nine new portfolios have been designed to meet investors’ needs — four income and five growth.
“We’ve further developed our Melodia Income Portfolios by adding new funds that will allow us to increase our geographical diversity and the type of income-generating assets we manage,” says Éric Landry, director, specialized investment product development, Desjardins Group.
Economic conditions and the growing number of investors seeking income explain why three out of the four new funds that make up the Melodia Income Portfolios are designed to generate current income and low-to-moderate long-term capital appreciation.
“The Melodia offer was also improved for investors looking for growth, with the addition of the Desjardins Emerging Markets Opportunities Fund to the Melodia Growth Portfolios. This fund represents high investment growth potential, particularly in small- and mid-cap companies,” says Landry.
The Melodia portfolios are available to investors with a minimum initial deposit of $500 and regular instalments as low as $25.