Desjardins revises risk level

Montreal-based Desjardins Investments Inc., manager of Desjardins funds, has changed the risk-tolerance level associated with investing in Desjardins Global Real Estate Fund. The fund’s risk-tolerance level has been revised from “medium” to “medium to high.” In performing the risk assessment, Desjardins Investments took into account the fund’s investment strategy, the sectors or regions in which the fund invests, the volatility of returns and the risk levels of comparable funds. The fund’s fundamental objective and investment strategy remain unchanged.

Compiled by Clare O’Hara (cohara@investmentexecutive.com).