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Desjardins Investments announces closure of two funds

By The IJ Staff | November 14 2018 01:30PM

Photo: Stockvault.net

Desjardins Investments announced Nov. 14 the closure of Desjardins IBrix Canadian Equity Focus Fund and Desjardins IBrix Global Equity Focus Fund.

Desjardins Investments says the funds are being closed due to their low net asset value and limited number of unitholders. The closures will take place on or about March 8, 2019.

As of Nov. 15, 2018, additional investment in the funds will be suspended, with the exception of investments made by periodic payments.

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