Desjardins Canadian Equity Value Fund appointed Tetrem Capital Management Ltd. and LSV Asset Management as new portfolio subadvisors today. Barclays Global Investors Canada Ltd. will provide transitional advisory services for a term ending on or about March 7.

As well, Desjardins Canadian Equity Fund has appointed Picton Mahoney Asset Management as portfolio subadvisor.

GlobeFlex Capital, L.P. and Lazard Asset Management LLC have been appointed portfolio subadvisors for Desjardins Global Small Cap Equity Fund. In addition, this Fund will be authorized to use derivatives for hedging and non-hedging purposes effective April 1, 2008.

Aberdeen Asset Management Inc. will now act as portfolio subadvisor for Desjardins Global All Cap Equity Fund. In addition, this Fund will also be authorized to use derivatives for hedging and non-hedging purposes and will be authorized to engage in securities lending, repurchase and reverse repurchase transactions effective April 1, 2008.

Desjardins Québec Balanced Fund will be authorized to use derivatives for hedging and non-hedging purposes effective April 1, 2008 as will Desjardins Environment Fund, also effective April 1, 2008.