Desjardins Trust Inc. today announced a series of proposed changes to several of its mutual funds.

The re-organization proposal includes fund mergers between funds with similar investment objectives, and changes to investment objectives and underlying funds.

The revisions require unitholder and/or regulatory approval before they can be implemented. Unitholders will receive meeting and proxy materials in October 2003 for meetings to be held the following month.

If all proposed changes are approved, implementation will begin in late 2003 or early 2004.