Desjardins launches new funds

Desjardins Group of Lévis, Que., recently launched four mutual funds and one portfolio. Desjardins American Equity Growth Currency Neutral Fund invests in U.S-based companies using Canadian dollars. Desjardins IBrix Global Bond Fund’s objective is to give unitholders better income potential through investments in global economies. Desjardins IBrix Low Volatility Emerging Markets Fund seeks to minimize portfolio fluctuations while taking advantage of companies’ growth in emerging markets. The fourth fund, Desjardins Canadian Preferred Share Fund, provides unitholders with dividend income from the fixed-income portion of non- registered portfolios along with access to the preferred market. Desjardins also recently unveiled the Melodia 100% Equity Growth Portfolio, designed for growth investors seeking exposure to Canadian, U.S. and global markets. Visit www.desjardins.com for full fund details, including fees.

fcollie@investmentexecutive.com