Income Fund

Desjardins Short-Term Income Fund

Investment Objective

The objective of the Desjardins Short-Term Income Fund is to provide a steady, competitive income while protecting capital. To do so, the portfolio manager invests mainly in Canadian short-term government or corporate bonds.

Investment Strategies

Three step management style:

A top-down analysis of the economy and interest rate trends;
A quantitative approach to portfolio construction by optimizing investment strategies;
A bottom-up analysis for security selection among corporate bonds primarily, where assessing default risk is the focus.

Selection of government and corporate issues with good credit ratings and terms to maturity mainly ranging from one to five years.

Collateralized mortgage obligations, asset-backed commercial paper and mortgage-backed securities are acquired based on their yield spread compared with bonds of the same quality and term.

What Are the Main Risks of Investing in this Fund?

Risks are related to the issuer, interest rates, and credit.

Who Should Invest in this Fund?

The Desjardins Short-Term Income Fund is intended for investors who

Have a low risk tolerance
Seek investments that provide regular income

Portfolio Manager

Baker Gilomore & Associates Inc

Fund Information
Type of fund	Canadian short-term income fund
Inception	A-Class units: June 30, 1965
Eligibility	100% eligible for RRSPs, TFSAs, LIRAs, RRIFs, LIFs, group RRSPs, DPSPs, SIPPs, and RESPs
Management expense ratio	1.56%
Income distribution frequency	Monthly
Capital gains distribution frequency	Annual

Find out more

How to get this service
Online	AccèsD allows you to acquire shares in a Desjardins Funds that you already hold (Desjardins Funds existing accounts).

By phone (Members)	Montreal area: 514-522-2373 Elsewhere in Canada and the U.S.: 1-800-CAISSES (1-800-224-7737)

At the caisse	Make an appointment with a caisse advisor: online by phone