Mutual Funds are provided through Desjardins Financial Security Investments Inc.  Except for segregated funds in self-directed accounts which are offered through DFS Investments, Life and Health Insurance products are provided through Desjardins Independent Network Insurance Agency.  Desjardins Independent Network Insurance Agency is a business name of Desjardins Independent Network Insurance Inc. which also operates in BC under the assumed name Desjardins Independent Network Insurance Agency Inc.
Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company.  Desjardins Insurance products are sold by the authorized independent insurance advisors.

Mutual Funds

WHAT ARE THEY?
A mutual fund is an investment allowing people to pool their money in a collection of stocks, bonds, and other securities.  Each investor owns units that represent a portion of the fund's holdings.  When the mutual fund increases in value, you share that profit proportionally with everyone in the fund.

THE BENEFITS
Professionally managed - Mutual fund investments are handled by a fund manager (sometimes called a portfolio manager, money manager or mutual fund manager).  Using their professional knowledge and experience, fund managers decide what stocks, bonds, cash or combinations the fund should buy or sell and when to do so.  The fund manager is paid a fee for his/her services.

Liquidity - At any time, mutual fund investors can sell their units.  Although mutual funds give you access to your money, be sure to note that you may incur fees and tax consequences for withdrawals.

Affordable - Mutual fund companies offer a wide variety of funds with minimum investment requirements for all types of investors.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing.  Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.  Mutual fund securities are not covered by the Canadian Deposit Insurance Corporation or any other government deposit insurer.

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