Two guaranteed investment funds (GIFs) from Desjardins Financial Security were rewarded for their performance in 2023 at the annual Fundata FundGrade A+® awards ceremony held on February 1, 2024.
In addition, one Desjardins Investments Inc.
mutual fund and 2
Exchange Traded Funds (ETFs) earned a Fundata FundGrade A+® rating. Visit
Desjardinsfunds.com for more information.
Learn more about our
GIFs and Helios2 Contract.
* The Canadian Investment Funds Standards Committee (CIFSC) is a Canadian independent organization that defines the categories of funds.
** The end date for the FundGrade calculation is December 31, 2023 for the period from January 1, 2023 to December 31, 2023.
® A+ and FundGrade A+ are registered trademarks of Fundata Canada Inc
Legal notice
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The FundGrade A+® Awards are presented annually by Fundata Canada Inc. to Canadian investment funds that achieve consistently high FundGrade scores through an entire calendar year. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then equally weighted in calculating a monthly FundGrade rating. The FundGrade ratings are divided between five tranches from “A Grade” (superior performance) to “E Grade” (lower performance). The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA (Grade Point Average)-style calculation, where each monthly FundGrade rating from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. The FundGrade grades are subject to change each month. For more information, please see the web site www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata
The
Desjardins Floating Rate Income Fund received the A+ Grade in the Multi-Sector Fixed Income, out of a total of 139 funds competing in this category as defined by the Canadian Investment Funds Standards Committee (CIFSC), a Canadian independent organisation from Fundata. The
DFS GIF - International Equity – MFS received the A+ Grade in the International Equity category, out of a total of 318 funds competing in this category as defined by the CIFSC. The
DFS GIF – Maximum Growth received the A+ Grade in the Global Equity Balanced category, out of a total of 797 funds competing in this category as defined by the CIFSC. The
Desjardins RI Canada Multifactor – Net-Zero Emissions Pathway ETF (DRFC) received the A+ Grade in the Canadian Equity category, out of a total of 360 funds competing in this category as defined by the CIFSC. The
Desjardins RI Emerging Markets Multifactor – Net-Zero Emissions Pathway ETF (DRFE) received the A+ Grade in the Emerging Markets Equity category, out of a total of 146 funds competing in this category as defined by the CIFSC. This grade is attributed for the period from January 1, 2023 to December 31, 2023.
The Desjardins Funds are not guaranteed, their value fluctuates frequently, and their past performance is not indicative of their future returns. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns, including changes in unit value and reinvestment of all distributions and do not consider sales, redemption, distribution or other optional charges, or income taxes payable by any security holder, that would have reduced returns. The Desjardins Funds are offered by registered dealers.
DFS Guaranteed Investment Funds are established by Desjardins Financial Security Life Assurance Company. Helios and DFS Guaranteed Investment Funds are registered trademarks of Desjardins Financial Security Life Assurance Company. DESJARDINS INSURANCE refers to Desjardins Financial Security Life Assurance Company. DESJARDINS, DESJARDINS INSURANCE and related trademarks are trademarks of the Fédération des caisses Desjardins du Québec used under license.
Desjardins Exchange Traded Funds (ETF) are not guaranteed, their value fluctuates frequently, and their past performance is not indicative of their future returns. Commissions, management fees and expenses may all be associated with mutual fund investments. The indicated rates of return are the historical annual compounded total returns, including changes in securities value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Please read the prospectus before investing. The Desjardins ETF are offered by registered dealers.
Desjardins®, all trademarks containing the word Desjardins, as well as related logos are trademarks of the
Fédération des caisses Desjardins du Québec, used under licence.
