Desjardins Group is adding to its line of Desjardins Funds with the launch of the new Chorus II portfolios.
“Investors want easy-to-understand investments that offer tax efficiency, income flexibility and of course competitive fee structures. And that’s what inspired us to develop the new Chorus II portfolios,” says Éric Landry, director of specialized investment product development.
Designed for clients investing $100,000 or more, the Chorus II range includes six portfolios available in two versions: corporate class for non-registered accounts and trusts for registered accounts.
“Whether investors’ profiles are conservative or more dynamic, in the saving phase or already retired, Chorus II portfolios are designed to meet the needs of all investors,” adds Landry.
The Chorus II corporate class portfolios provide greater efficiency by reducing or deferring the tax expense associated with annual distributions. Corporate class solutions also allow assets to be transferred from a Chorus II portfolio to another more secure portfolio as retirement approaches, without any immediate tax repercussions.
This new investment solution also features a number of income options. One option optimizes asset longevity while a second generates higher income. A customized option offering more flexibility in terms of income frequency and amount is also available.
The new portfolios also introduce a new dimension: dynamic asset management. This added flexibility allows the portfolios to adapt to changing market conditions. Chorus II portfolios are diversified by asset category, management style and region. Exchange-traded funds are also included, allowing for investment in specialized markets around the world.
In addition to already competitive fee structures, Desjardin says the Chorus II portfolios offer attractive management fees, paid quarterly, based on the amount invested.