The Fédération des caisses Desjardins du Québec will amend the limitation of operating expenses of the Desjardins Funds portfolio. The expenses may be charged to the funds.
The manager of the Desjardins family of mutual funds plans to alter the way the operating expenses limitation of each fund is determined. As part of the change, another Desjardins company Desjardins Investments will be manager, promoter, registrar and transfer agent for the funds from January.
Click here for the release from Canada Newswire.