Desjardins Investments, the manager of Desjardins funds, has announced portfolio management changes for the Desjardins Canadian Equity Value Fund and the Desjardins Canadian Equity Growth Fund.
LSV Asset Management will now serve as the sole portfolio sub-manager for the Desjardins Canadian Equity Value Fund, while Fiera Capital Corporation will serve as the sole portfolio sub-manager for the Desjardins Canadian Equity Growth Fund.
Desjardins Investments has also approved changes to the investment strategies of the impacted funds, in line with the investment philosophy of their respective portfolio sub-managers. However, the investment objectives of the funds will remain unchanged. These changes will come in effect on or about November 21, 2016.