Montreal-based Desjardins Investments Inc. will be reducing management fees by up to 21 basis points for a majority of unit classes of 28 Desjardins Funds, effective Oct. 1, the company announced Wednesday

“We continually review our group of funds to provide competitive investment solutions that meet the needs of investors. The new round of fee reductions announced today for the Desjardins Funds is in line with our objective of offering affordable products that benefit our members and clients,” says Sébastien Vallée, general manager, investment solutions development and management at Desjardins Investments, in a statement

A list of the Desjardins Funds unit classes affected is available in the company’s news release.