Desjardins to Restructure ETF Management and Cut Mutual Fund Fees

Desjardins Investments has announced changes to its ETF and mutual fund lineup, effective on or around January 1, 2027. Under the new structure, Desjardins Investments Inc. will replace Desjardins Global Asset Management (DGAM) as portfolio manager of its mutual funds and ETFs, except for the Desjardins Global Macro ETF. DGAM and existing sub-managers will continue overseeing the funds' assets, ensuring continuity in investment management. The Global Macro ETF will retain DGAM as portfolio manager and Graham Capital Management as sub-manager. Separately, Desjardins will reduce management fees on certain unit classes across 16 mutual funds by 5 to 8 basis points, covering fixed income, equity, and infrastructure strategies. The changes come as Desjardins Investments oversees C$66.5 billion in assets under management as of September 30, 2026.