Desjardins Financial Security makes changes to its guaranteed investment fund lineup
Montreal, November 25, 2024 – Desjardins Financial Security Life Assurance Company (DFS) is announcing changes to its guaranteed investment fund lineup. The changes, which are described in detail below, include updates to the Wise ETF portfolios and new names.
DFS frequently reviews the guaranteed investment funds it offers to make sure they continue to meet the ever-changing needs of financial advisors and investors.
Changes and new option for Wise ETF portfolios
DFS is announcing the launch today of the new DFS GIF – Balanced – Desjardins Wise ETF available under Helios2 for Series 6, 7, 8, 6F and 8F, as well as under Helios for Series 5. The new portfolio will have a target allocation of 50% fixed-income securities and 50% equities.
In addition, DFS is also making some changes to the names of certain existing DFS GIF – Desjardins Wise ETF portfolios and target allocations have been updated.
Here’s a summary of the changes:
Former name | New name | Former name in French | New name in French | Former target allocation | New target allocation |
DFS GIF – Balanced – Desjardins Wise ETF | DFS GIF – Moderate – Desjardins Wise ETF | DSF FPG – Équilibré – Desjardins FNB Avisé | DSF FPG – Modéré – Desjardins FNB Avisé | 60% fixed income 40% equity
| 65% fixed income 35% equity |
DFS GIF – Conservative – Desjardins Wise ETF | No change | DSF FPG – Conservateur – Desjardins FNB Avisé | No change | 80% fixed income 20% equity | 75% fixed income 25% equity |
DFS GIF – Maximum Growth – Desjardins Wise ETF | DFS GIF – Aggressive – Desjardins Wise ETF | DSF FPG – Croissance maximale – Desjardins FNB Avisé | DSF FPG – Audacieux – Desjardins FNB Avisé | 20% fixed income 80% equity | No change |
Name changes as of November 25, 2024
In addition, DFS is changing the names of its existing DFS GIF – Desjardins SocieTerra portfolios and of the DFS GIF – Global Balanced – Desjardins SocieTerra fund. They will be renamed DFS GIF – Desjardins Sustainable and DFS GIF – Global Balanced – Desjardins Sustainable, respectively. The names of these guaranteed investment funds will not change in French.
Here is the list of name changes:
Current name | New name |
DFS GIF – Conservative – Desjardins SocieTerra | DFS GIF – Conservative – Desjardins Sustainable |
DFS GIF – Moderate – Desjardins SocieTerra | DFS GIF – Moderate – Desjardins Sustainable |
DFS GIF – Balanced – Desjardins SocieTerra | DFS GIF – Balanced – Desjardins Sustainable |
DFS GIF – Growth – Desjardins SocieTerra | DFS GIF – Growth – Desjardins Sustainable |
DFS GIF – Maximum Growth – Desjardins SocieTerra | DFS GIF – Maximum Growth – Desjardins Sustainable |
DFS GIF – 100% Equity – Desjardins SocieTerra | DFS GIF – 100% Equity – Desjardins Sustainable |
DFS GIF – Global Balanced – Desjardins SocieTerra | DFS GIF – Global Balanced – Desjardins Sustainable |
DFS will also be changing the names of the following 3 guaranteed investment funds in English and French:
Former name in English | New name in English | Former name in French | New name in French |
DFS GIF – Dividend Income – Desjardins | DFS GIF – Dividend Balanced – Desjardins | DSF FPG – Revenu de dividendes – Desjardins | DSF FPG – Équilibré de dividendes – Desjardins |
DFS GIF – Canadian Equity – Franklin Bissett | DFS GIF – Canadian Equity – Franklin ClearBridge | DSF FPG – Actions canadiennes – Franklin Bissett | DSF FPG – Actions canadiennes – Franklin ClearBridge |
DFS GIF – Small Cap – Franklin Bissett | DFS GIF – Canadian Small Cap – Franklin ClearBridge | DSF FPG – Sociétés à petite capitalisation – Franklin Bissett | DSF FPG – Sociétés canadiennes à petite capitalisation – Franklin ClearBridge |
For more information (media inquiries only):
Public Relations
514-281-7000 or 1-866-866-7000, ext. 5553436
media@desjardins.com