Home Breadcrumb caret Industry News Breadcrumb caret Industry Approval sought for proposed changes to Desjardins bond fund Unitholders are meeting in June to discuss the changes By Staff | April 10, 2019 | Last updated on April 10, 2019 1 min read Montreal-based Desjardins Investments Inc., manager of Desjardins Funds, will be seeking unitholder approval to change the investment objective of the Desjardins Global Inflation Linked Bond Fund, the investment manager announced Wednesday. If the change is approved, the fund’s new objective will be to provide an income return and some long-term capital appreciation by investing primarily in fixed-income securities globally. The proposed changes would diversify the fund’s portfolio by investing in more fixed-income sectors while maintaining the quality of the securities in the portfolio, Desjardins said. If the proposed changes are approved, the fund will be renamed and PGIM, Inc. will be named portfolio sub-manager. Unitholders will be meeting to approve these changes on June 12. If approved, the changes will be effective in July. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo