Investment Types

Save on management fees with D-Class funds, now available on our trading platforms.

By making your own investment decisions, you’ll get the same benefits as investing in A-Class mutual funds without having to pay any commissions. That means getting more value for your money!

Benefits of D-Class funds

• Get a higher investment return with lower management fees
• Benefit from professional investment management
• Buy and sell D-Class funds commission-free^{footnote 1}
• Invest from as little as $1,000 per fund, per account
• Diversify your portfolio and minimize risk by choosing from more than 500 funds across a range of asset classes

11 fund families available

Fund families	Symbol
Desjardins Funds	DJT
Invesco Canada	AIM
Blackrock	BLK
Beutel Goodman	BTG
Bank of Montreal	GGF
BMG Management Services Inc.	BMG
Manulife Investments	MMF
Mackenzie Investments	MFC
Purpose Investments	PFC
RBC Global Asset Management	RBF
TD Asset Management	TDB

Exceptions

Buying or selling a fund:
Desjardins Online Brokerage charges a commission of $32 (Internet trade) or $45 (representative-assisted trade) in these situations :

• Funds held less than 90 calendar days. Fund companies may charge a "short-term trading" fee.
• Funds transferred from another institution and held for less than 90 calendar days.
• The following funds are charged commissions for purchases, sales and switches, and have non-standard minimum purchase amounts: Cote 100, Férique, Tradex and Majestic Asset Management. This list may change without notice.
• The following funds charge commissions for sell orders and are not offered for purchases and switches: Investors, GBC Funds, FMOQ, MD Management, Professionnel du Québec, Stone.
• The following funds charge commissions for sell orders only: Jarislowski Fraser Funds “Series E” and Mawer Investments MGT.

Switches within the same fund family:

• 12 free annual switches for all accounts.
• Subsequent switches are subject to commissions of $32 online or $45 through a representative.
• The fund company may charge short-term trading fees if you switch funds within 90 days of purchase.
• Short-term trading fees will not be charged by Desjardins Online Brokerage if you switch units within 90 days of purchase.

Some funds can charges different fees.

Other Fees

Some mutual funds carry a deferred sales charge (DSC) :

These fees are charged by the fund company when you sell your funds. The charge decreases over time so the longer you hold the fund, the smaller the fee, until it is completely eliminated after 6 or 7 years, depending on the fund.

The deferred sales charge may be based on the value of the fund at the time of purchase. Below is an example of this type of DSC:

Sale within the first two years:	5.5% of the value at time of purchase
Sale during the third year:	5.0% of the value at time of purchase
Sale during the fourth year:	4.5% of the value at time of purchase
Sale during the fifth year:	4.0% of the value at time of purchase
Sale during the sixth year:	3.0% of the value at time of purchase
Sale during the seventh year:	1.5% of the value at time of purchase
Subsequent sale	No fees

The deferred sales charge may also be based on the fund value at the time of sale. Below is an example of this type of DSC:

Sale during the first year:	3.0% of the value at time of sale
Sale during the second year:	2.5% of the value at time of sale
Sale during the third year:	2.0% of the value at time of sale
Subsequent sale	No fees

All mutual funds include management fees represented by the management expense ratio ("MER"). The MER is expressed as an annualized percentage of a fund's average net assets.

We invite you to review the Fund Facts document or simplified prospectus for more information on the costs associated with buying, selling and holding mutual fund units.

Remuneration

Desjardins Online Brokerage may receive a trailing commission which represents a fee in respect of the ownership of mutual funds units. It is established according to the type of fund and generally varies between 0.25% and 1.5% of the assets held.