Montreal-based Desjardins Investments Inc. will close some Desjardins Funds, the company announced Wednesday.
Due to their low net asset value and limited number of unitholders, the following funds will be closed on or about March 8, 2019:
> Desjardins IBrix Canadian Equity Focus Fund
> Desjardins IBrix Global Equity Focus Fund
Desjardins reserves the right to postpone these changes, the investment manager says in a news release. It will suspend any additional investment into the funds, with the exception of investments made by periodic payments, on or about Nov. 15.