DesjarDins money by wuyunyi

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									                                                            DesjarDins money
                                                            market funD (a-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                      Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Money Market Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    January 15, 1989       Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $128,809,973        Distributions:                 Income: monthly/Capital Gains: annually
Management Expense Ratio (MER):                                                  1.07%       Minimum Investment:            $1,000 (initial), $25 (subsequent)

What does the Fund invest in?
The Fund’s assets are primarily invested in commercial paper and bankers’ acceptances issued and guaranteed by major Canadian corporations and all financial institutions,
including Canadian chartered banks, trust companies, and savings and credit unions. The Fund may also invest in Treasury Bills issued by the Government of Canada or a
province of Canada, short-term debt securities of municipal and school corporations, or in guaranteed funds of Canadian financial institutions. The average weighted duration
until maturity of the Fund’s portfolio does not exceed 90 days.
The chart below gives you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
There is no data for this section; in compliance with National Instrument 81-106,                                                 l 68.3% Money Market Securities
which requires that cash and cash equivalents be grouped under one category, the                                                          59.4% Corporations
10 largest investments of the Fund are essentially all represented in this category.
                                                                                                                                           5.4% Municipalities and
                                                                                                                                                  Semi-Public Institutions
                                                                                                                                           3.5% Provincial Governments
                                                                                                                                                  and Crown Corporations
                                                                                                                                  l 30.5% Canadian Bonds
                                                                                                                                          18.9% Provincial Governments
                                                                                                                                                  and Crown Corporations
                                                                                                                                           7.8% Corporations
                                                                                                                                           3.8% Government of Canada
                                                                                                                                  l  1.2% Other Net Assets Value


hoW has the Fund perFormed?                                                                  a-class units (%)
                                                                                             6
This section tells you how the Fund has performed for the past ten years. Returns
are after the expenses have been deducted. These expenses reduce the return on
                                                                                             4                                                3.38
your investments.                                                                                                                    2.96
                                                                                                                                                       2.37
It’s important to note that the Fund’s past performance is not necessarily indicative of     2    1.53
                                                                                                          1.90             1.58
                                                                                                                    1.26
how the Fund will perform in the future. Also, your actual after-tax return will depend
                                                                                                                                                               0.26      0.10   0.19
on your personal tax situation.                                                              0
                                                                                                  2002    2003      2004   2005      2006     2007      2008      2009   2010   2011
The Fund plans to maintain the value of its units at approximately $10.
Average Return
A person who invested $1,000 in the Fund ten years ago today holds $1,164, which
represents an annual compounded rate of return of 1.53%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                 Low           Low to    Medium           Medium         High
Desjardins Investments Inc. has rated this Fund’s risk as low. For a description of the                          Medium                     to High
specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins money market fund (a-Class units)                                                                                                                                    fund facts

  are there any guarantees?
  There is no guarantee that the Desjardins Money Market Fund will maintain a fixed net asset value per unit or that you will get back the full amount you invest in the Desjardins
  Money Market Fund.

  Who is this Fund For?
  An investor who has a low tolerance for risk. The objective of this Fund is to conserve             ! Before you invest in any fund, you should consider how it would work
  capital while maintaining liquidity and achieving a regular income.                                   with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 1.07% of its value, or $22 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   1.07%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 0.25% of the annual value of your
   These are the Fund’s trading costs.                                              –                   investment, which represents $2.50 for every $1,000 invested.
   Fund Expenses                                                                1.07%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins short-term
                                                             inCome funD (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                    Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Short-Term Income Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                        June 30, 1965     Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $836,491,138       Portfolio Subadvisor:          Baker Gilmore & Associates Inc.
Management Expense Ratio (MER):                                                  1.56%      Distributions:                 Income: monthly/Capital Gains: annually
                                                                                            Minimum Investment:            $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The assets of this Fund consist primarily of corporate and government bonds. The Fund also invests in high-quality money market instruments and first mortgage loans.
Maximum exposure of the Fund to investments in foreign markets is 10%.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                Investment Mix (as at February 29, 2012)
 1. Canada Housing Trust, 2.700%, 2013-12-15                                     11.3%                                          l 78.4% Canadian Bonds
 2. Government of Canada, 1.750%, 2013-03-01                                      6.6%                                                  46.7% Government of Canada
 3. Canada Housing Trust, Series 22, 3.550%, 2013-09-15                           6.0%                                                  26.5% Corporations
 4. Canada Housing Trust, 4.550%, 2012-12-15                                      6.0%
 5. Canada Housing Trust, floating , 2015-03-15                                   5.5%                                                   5.2% Provincial Governments
 6. Canada Housing Trust, floating rate, 2014-09-15                               5.3%                                                          and Crown Corporations
 7. Cadillac Fairview Corporation, Series A, 3.240%, 2016-01-25                   5.2%                                          l 10.1% Asset-Backed Securities
 8. Royal Bank of Canada, 3.030%, 2016-07-26                                      2.8%                                          l 9.7% Mortgage-Backed Securities
 9. Canadian Imperial Bank of Commerce, 3.100%, 2015-03-02                        2.7%                                          l 0.3% Mortgages
10. Government of Canada, 2.500%, 2013-09-01                                      2.7%                                          l 1.5% Cash and Cash Equivalents
The Fund’s top 10 investments represent 54.1% of the Fund.
Total number of investments: 69


hoW has the Fund perFormed?                                                                 a-class units (%)
                                                                                             8
This section tells you how the Fund has performed for the past ten years. Returns
are after the expenses have been deducted. These expenses reduce the return on               6                                                       5.43
your investments.
                                                                                             4   3.23    3.11    3.03
It’s important to note that the Fund’s past performance is not necessarily indicative                                             2.50       2.37              2.44
                                                                                                                                                                      1.67
                                                                                                                                                                             2.43
of how the Fund will perform in the future. Also, your actual after-tax return will          2
                                                                                                                         0.79
depend on your personal tax situation.                                                       0
                                                                                                 2002    2003    2004    2005      2006      2007    2008      2009   2010   2011
Average Return
A person who invested $1,000 in the Fund ten years ago today holds $1,301, which
represents an annual compounded rate of return of 2.67%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                   Low         Low to      Medium           Medium        High
up. Desjardins Investments Inc. has rated this Fund’s risk as low. For a description                         Medium                       to High
of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins short-term income fund (a-Class units)                                                                                                                               fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor with a low tolerance for risk who is primarily looking for periodic income.             ! Before you invest in any fund, you should consider how it would work
  The objective of this Fund is to provide unitholders with a high income return.                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 1.56% of its value, or $16 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   1.56%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 0.5% of the annual value of your
   These are the Fund’s trading costs.                                              –                   investment, which represents $5 for every $1,000 invested.
   Fund Expenses                                                                1.56%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins short-term
                                                             inCome funD (i-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                Desjardins investments inc.

This document contains key information you should know about the Desjardins Short-Term Income Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      March 23, 2010      Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $72,683,915      Portfolio Subadvisor:          Baker Gilmore & Associates Inc.
Management Expense Ratio (MER):                                                  0.00%      Distributions:                 Income: monthly/Capital Gains: annually
                                                                                            Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                           who make a required minimum investment
                                                                                                                           determined by the Manager from time to time.


What does the Fund invest in?
The assets of this Fund consist primarily of corporate and government bonds. The Fund also invests in high-quality money market instruments and first mortgage loans.
Maximum exposure of the Fund to investments in foreign markets is 10%.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                Investment Mix (as at February 29, 2012)
 1. Canada Housing Trust, 2.700%, 2013-12-15                                     11.3%                                        l 78.4% Canadian Bonds
 2. Government of Canada, 1.750%, 2013-03-01                                      6.6%                                                46.7% Government of Canada
 3. Canada Housing Trust, Series 22, 3.550%, 2013-09-15                           6.0%                                                26.5% Corporations
 4. Canada Housing Trust, 4.550%, 2012-12-15                                      6.0%
 5. Canada Housing Trust, floating , 2015-03-15                                   5.5%                                                 5.2% Provincial Governments
 6. Canada Housing Trust, floating rate, 2014-09-15                               5.3%                                                        and Crown Corporations
 7. Cadillac Fairview Corporation, Series A, 3.240%, 2016-01-25                   5.2%                                        l 10.1% Asset-Backed Securities
 8. Royal Bank of Canada, 3.030%, 2016-07-26                                      2.8%                                        l 9.7% Mortgage-Backed Securities
 9. Canadian Imperial Bank of Commerce, 3.100%, 2015-03-02                        2.7%                                        l 0.3% Mortgages
10. Government of Canada, 2.500%, 2013-09-01                                      2.7%                                        l 1.5% Cash and Cash Equivalents
The Fund’s top 10 investments represent 54.1% of the Fund.
Total number of investments: 69


hoW has the Fund perFormed?                                                                 i-class units (%)
                                                                                             6
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception                                                       4.03
                                                                                             4
however of management fees paid to the Manager which may differ from one
investor to another as they are negotiated by each one of them directly with the
                                                                                             2
Manager.
It is important to note that the Fund’s past performance is not necessarily                  0
indicative of how the Fund will perform in the future. Also, your actual after-tax                                                2011

return will depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception
today holds $1,064 which represents an annual compounded rate of return of
3.69%, without however taking into consideration, as explained above,
management fees paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                   Low         Low to     Medium       Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as low. For a description                         Medium                  to High
of the specific risks of this Fund, see the Fund’s Simplified Prospectus.
Desjardins short-term income fund (i-Class units)                                                                                                                               fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor with a low tolerance for risk who is primarily looking for periodic income.             ! Before you invest in any fund, you should consider how it would work
  The objective of this Fund is to provide unitholders with a high income return.                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.00% of its value, or $0 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees                                                      No trailing commissions are paid to registered dealers with respect to
   and operating expenses.                                                      0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                              –
   Fund Expenses                                                                0.00%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 1.49%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins CanaDian
                                                             bonD funD (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Canadian Bond Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   December 1, 1959        Portfolio Manager:               Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                      $2,182,908,231        Distributions:                   Income: monthly/Capital Gains: annually
Management Expense Ratio (MER):                                                  1.58%       Minimum Investment:              $1,000 (initial), $25 (subsequent)

What does the Fund invest in?
The Fund invests in various debt securities such as bonds of Canadian or foreign corporations, and bonds issued or guaranteed by various levels of Canadian or foreign
governments. The Fund’s portfolio may also include a small portion of shares.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Canada Housing Trust, 2.750%, 2014-12-15                                      4.4%                                              l 96.7% Canadian Bonds
 2. Canada Housing Trust, 2.450%, 2015-12-15                                      3.6%                                                      34.7% Corporations
 3. Canada Housing Trust, 2.750%, 2016-06-15                                      2.7%                                                      33.3% Provincial Governments
 4. Canada Housing Trust, 4.100%, 2018-12-15                                      2.2%                                                             and Crown Corporations
 5. Province of Ontario, 5.000%, 2014-03-08                                       2.2%
                                                                                                                                            24.6% Government of Canada
 6. Province of Ontario, 4.650%, 2041-06-02                                       2.1%
 7. Canada Housing Trust, 3.350%, 2020-12-15                                      2.0%                                                       4.1% Municipalities and
 8. Government of Canada, Series WL43, 5.750%, 2029-06-01                         1.9%                                                             Semi-Public Institutions
 9. Hydro-Québec, floating rate, 2015-02-11                                       1.9%                                              l 1.0% Supranationals Bonds
10. Government of Canada, 5.000%, 2037-06-01                                      1.8%                                              l 0.4% Mortgage-Backed Securities
                                                                                                                                    l 0.1% Asset-Backed Securities
The Fund’s top 10 investments represent 24.8% of the Fund.
                                                                                                                                    l 1.8% Cash and Cash Equivalents
Total number of investments: 240


hoW has the Fund perFormed?                                                                  a-class units (%)
                                                                                             10
This section tells you how the Fund has performed for the past ten years. Returns                                                                                            8.09
are after the expenses have been deducted. These expenses reduce the return on
your investments.                                                                                 5.38    4.96       4.58    4.41                              4.57
                                                                                                                                                                      5.34
                                                                                              5
It’s important to note that the Fund’s past performance is not necessarily indicative                                                  2.59
                                                                                                                                                      3.27
of how the Fund will perform in the future. Also, your actual after-tax return will                                                           1.63
depend on your personal tax situation.                                                        0
                                                                                                   2002       2003   2004    2005      2006   2007     2008    2009   2010   2011
Average Return
A person who invested $1,000 in the Fund ten years ago today holds $1,539, which
represents an annual compounded rate of return of 4.41%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                    Low          Low to       Medium       Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as low. For a description                           Medium                    to High
of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Canadian bond fund (a-Class units)                                                                                                                                   fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low tolerance for risk. The objective is to provide unitholders               ! Before you invest in any fund, you should consider how it would work
  with a high and regular income return, as well as a greater security of capital.                      with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 1.58% of its value, or $16 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    1.58%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                              –                   The rate of the commission is a maximum of 0.5% of the annual value of your
   Fund Expenses                                                                1.58%                   investment, which represents $5 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins CanaDian
                                                            bonD funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                   Desjardins investments inc.

This document contains key information you should know about the Desjardins Canadian Bond Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   January 25, 2008        Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $178,823,113         Distributions:                 Income: monthly/Capital Gains: annually
Management Expense Ratio (MER):                                                 0.00%        Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                            who make a required minimum investment
                                                                                                                            determined by the Manager from time to time.


What does the Fund invest in?
The Fund invests in various debt securities such as bonds of Canadian or foreign corporations, and bonds issued or guaranteed by various levels of Canadian or foreign
governments. The Fund’s portfolio may also include a small portion of shares.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Canada Housing Trust, 2.750%, 2014-12-15                                     4.4%                                         l 96.7% Canadian Bonds
 2. Canada Housing Trust, 2.450%, 2015-12-15                                     3.6%                                                 34.7% Corporations
 3. Canada Housing Trust, 2.750%, 2016-06-15                                     2.7%                                                 33.3% Provincial Governments
 4. Canada Housing Trust, 4.100%, 2018-12-15                                     2.2%                                                        and Crown Corporations
 5. Province of Ontario, 5.000%, 2014-03-08                                      2.2%
                                                                                                                                      24.6% Government of Canada
 6. Province of Ontario, 4.650%, 2041-06-02                                      2.1%
 7. Canada Housing Trust, 3.350%, 2020-12-15                                     2.0%                                                  4.1% Municipalities and
 8. Government of Canada, Series WL43, 5.750%, 2029-06-01                        1.9%                                                        Semi-Public Institutions
 9. Hydro-Québec, floating rate, 2015-02-11                                      1.9%                                         l 1.0% Supranationals Bonds
10. Government of Canada, 5.000%, 2037-06-01                                     1.8%                                         l 0.4% Mortgage-Backed Securities
                                                                                                                              l 0.1% Asset-Backed Securities
The Fund’s top 10 investments represent 24.8% of the Fund.
                                                                                                                              l 1.8% Cash and Cash Equivalents
Total number of investments: 240


hoW has the Fund perFormed?                                                                  i-class units (%)
                                                                                             12
This section tells you how I-Class Units of the Fund have performed since their                                                                      9.79
inception. Returns are after expenses have been deducted with the exception
                                                                                              8                                            7.01
however of management fees paid to the Manager which may differ from one                                                           6.23
investor to another as they are negotiated by each one of them directly with
                                                                                              4
the Manager.
It is important to note that the Fund’s past performance is not necessarily indicative        0
of how the Fund will perform in the future. Also, your actual after-tax return will                                                2009     2010     2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,279 which represents an annual compounded rate of return of 6.48%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.
Desjardins Canadian bond fund (i-Class units)                                                                                                                                   fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as low. For a description of the                                Medium                     to High
  specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low tolerance for risk. The objective is to provide unitholders               ! Before you invest in any fund, you should consider how it would work
  with a high and regular income return, as well as a greater security of capital.                      with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.00% of its value, or $0 on each $1,000 investment.

                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0,00 %                  I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                              –
   Fund Expenses                                                                0,00 %

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 1.51%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.

  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins enhanCeD
                                                             bonD funD (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                        Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Enhanced Bond Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    January 12, 2004        Portfolio Manager:               Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                      $1,900,243,198         Portfolio Subadvisor:            Sanford C. Bernstein & Co., LLC
Management Expense Ratio (MER):                                                  1.69%        Distributions:                   Income: monthly/Capital Gains: annually
                                                                                              Minimum Investment:              $1,000 (initial), $25 (subsequent)

What does the Fund invest in?
The Fund’s portfolio consists of a variety of debt securities of Canadian governments and corporations, along with foreign debt securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                  Investment Mix (as at February 29, 2012)
 1. Government of Canada, 3.750%, 2019-06-01                                      8.5%                                               l 71.0% Canadian Bonds
 2. Government of Canada, 3.500%, 2020-06-01                                      7.3%                                                        36.5% Government of Canada
 3. Cash and Cash Equivalents                                                     5.2%                                                        15.6% Provincial Governments
 4. Government of Canada, 3.000%, 2014-06-01                                      4.4%                                                                and Crown Corporations
 5. Government of Canada, 1.750%, 2013-03-01                                      3.3%
                                                                                                                                              13.0% Corporations
 6. Province of Ontario, 4.200%, 2020-06-02                                       3.2%
 7. Province of British Columbia, 4.100%, 2019-12-18                              3.0%                                                         5.9% Municipalities and
 8. Canada Housing Trust, 3.350%, 2020-12-15                                      2.7%                                                                Semi-Public Institutions
 9. Government of Canada, Series A55, 8.000%, 2023-06-01                          2.6%                                               l 10.4% Foreign Bonds
10. Province of British Columbia, 3.250%, 2021-12-18                              2.2%                                               l 10.3% U.S. Bonds
                                                                                                                                     l 1.3% Supranationals Bonds
The Fund’s top 10 investments represent 42.4% of the Fund.
                                                                                                                                     l 1.0% Asset-Backed Securities
Total number of investments: 312
                                                                                                                                     l 0.3% Mortgage-Backed Securities
                                                                                                                                               0.2% U.S. Mortgage-Backed
                                                                                                                                                      Securities
                                                                                                                                               0.1% Canandian Mortgage-
                                                                                                                                                      Backed Securities
                                                                                                                                     l 0.3% Equities
                                                                                                                                     l 0.2% Derivative Financial Instruments
                                                                                                                                     l 5.2% Cash and Cash Equivalents


hoW has the Fund perFormed?                                                                   a-class units (%)
                                                                                               20
This section tells you how the Fund has performed since its inception. Returns are after
the expenses have been deducted. These expenses reduce the return on your investments.                                                          12.28
                                                                                               10                                                         8.20    7.15
It’s important to note that the Fund’s past performance is not necessarily indicative of                       4.75
                                                                                                                      2.84    2.14
how the Fund will perform in the future. Also, your actual after-tax return will depend         0
on your personal tax situation.                                                                                                         -4.20
                                                                                               -10
Average Return                                                                                                 2005   2006    2007       2008   2009      2010    2011

A person who invested $1,000 in the Fund since its inception (January 12, 2004)
today holds $1,438, which represents an annual compounded rate of return of 4.57%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                       Low       Low to        Medium        Medium          High
up. Desjardins Investments Inc. has rated this Fund’s risk as low. For a description                           Medium                      to High
of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins enhanced bond fund (a-Class units)                                                                                                                                   fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low tolerance for risk, who is looking primarily to add a Canadian            ! Before you invest in any fund, you should consider how it would work
  bond fund which also offers some measure of exposure to a variety of geographic                       with your other investments and your tolerance for risk.
  regions. The objective of this Fund is to provide unitholders with a high and regular
  income return, as well as a greater security of capital.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 1.69% of its value, or $17 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
   expenses. Desjardins Investments Inc. has waived certain fees;                                       units of the Fund. That commission covers the services and the advice provided
   otherwise, the MER would have been higher.                                   1.69%                   by your broker. The broker may pay part of such commission to its representatives.
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)
                                                                                                        The rate of the commission is a maximum of 0.5% of the annual value of your
   These are the Fund’s trading costs.                                              –
                                                                                                        investment, which represents $5 for every $1,000 invested.
   Fund Expenses                                                                1.69%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins enhanCeD
                                                            bonD funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                      Desjardins investments inc.

This document contains key information you should know about the Desjardins Enhanced Bond Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   January 25, 2008         Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $174,697,502          Portfolio Subadvisor:           Sanford C. Bernstein & Co., LLC
Management Expense Ratio (MER):                                                 0.00%         Distributions:                  Income: monthly/Capital Gains: annually
                                                                                              Minimum Investment:             Units offered to large investors (institutional)
                                                                                                                              who make a required minimum investment
                                                                                                                              determined by the Manager from time to time.


What does the Fund invest in?
The Fund’s portfolio consists of a variety of debt securities of Canadian governments and corporations, along with foreign debt securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                  Investment Mix (as at February 29, 2012)
 1. Government of Canada, 3.750%, 2019-06-01                                     8.5%                                            l 71.0% Canadian Bonds
 2. Government of Canada, 3.500%, 2020-06-01                                     7.3%                                                     36.5% Government of Canada
 3. Cash and Cash Equivalents                                                    5.2%                                                     15.6% Provincial Governments
 4. Government of Canada, 3.000%, 2014-06-01                                     4.4%                                                             and Crown Corporations
 5. Government of Canada, 1.750%, 2013-03-01                                     3.3%
                                                                                                                                          13.0% Corporations
 6. Province of Ontario, 4.200%, 2020-06-02                                      3.2%
 7. Province of British Columbia, 4.100%, 2019-12-18                             3.0%                                                      5.9% Municipalities and
 8. Canada Housing Trust, 3.350%, 2020-12-15                                     2.7%                                                             Semi-Public Institutions
 9. Government of Canada, Series A55, 8.000%, 2023-06-01                         2.6%                                            l 10.4% Foreign Bonds
10. Province of British Columbia, 3.250%, 2021-12-18                             2.2%                                            l 10.3% U.S. Bonds
                                                                                                                                 l 1.3% Supranationals Bonds
The Fund’s top 10 investments represent 42.4% of the Fund.
                                                                                                                                 l 1.0% Asset-Backed Securities
Total number of investments: 312
                                                                                                                                 l 0.3% Mortgage-Backed Securities
                                                                                                                                           0.2% U.S. Mortgage-Backed
                                                                                                                                                  Securities
                                                                                                                                           0.1% Canandian Mortgage-
                                                                                                                                                  Backed Securities
                                                                                                                                 l 0.3% Equities
                                                                                                                                 l 0.2% Derivative Financial Instruments
                                                                                                                                 l 5.2% Cash and Cash Equivalents


hoW has the Fund perFormed?                                                                   i-class units (%)
This section tells you how I-Class Units of the Fund have performed since their                15                                    14.18

inception. Returns are after expenses have been deducted with the exception                                                                   10.03
however of management fees paid to the Manager which may differ from one                       10                                                       8.97

investor to another as they are negotiated by each one of them directly with
                                                                                                5
the Manager.
It is important to note that the Fund’s past performance is not necessarily indicative          0
of how the Fund will perform in the future. Also, your actual after-tax return will                                                   2009    2010      2011
depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,321 which represents an annual compounded rate of return of 7.36%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.
Desjardins enhanced bond fund (i-Class units)                                                                                                                                   fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as low. For a description of the                                Medium                     to High
  specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?                                                                               ! Before you invest in any fund, you should consider how it would work
  An investor who has a low tolerance for risk, who is looking primarily to add a Canadian              with your other investments and your tolerance for risk.
  bond fund which also offers some measure of exposure to a variety of geographic
  regions. The objective of this Fund is to provide unitholders with a high and regular
  income return, as well as a greater security of capital.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.00% of its value, or $0 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                              –
   Fund Expenses                                                                0.00%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 1.61%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins Capital
                                                             yielD bonD funD (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Capital Yield Bond Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      March 20, 2008     Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $78,699,456     Distributions:                 Income: monthly/Capital Gains: annually
Management Expense Ratio (MER):                                                  1.74%     Minimum Investment:            $1,000 (initial), $25 (subsequent)

What does the Fund invest in?
The fundamental investment objective of the Fund is to provide a return similar to that of a Canadian fixed-income fund, less transaction and hedging costs. The Fund will
invest primarily in a portfolio of Canadian equity securities and will hedge its equity risks by entering into derivatives that provide the Fund with a return based on the
performance of a Canadian fixed-income fund. The Fund’s portfolio may also contain bonds from government issuers, corporations or other types of debt instruments primarily
from Canadian issuers and may contain a foreign component. Investors may receive cash flows in the form of either capital gains, return of capital, dividends or interest.
The chart below gives you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top Investments (as at February 29, 2012)
 1. Forward contract exposure to return of the Desjardins
    Canadian Bond Fund                                                           44.1%
 2. Forward contract exposure to return of the Desjardins
    Enhanced Bond Fund                                                           44.2%
 3. Cash and Cash Equivalents                                                    11.7%
The Fund’s top investments represent 100% of the Fund.
Total number of investments: 3


hoW has the Fund perFormed?                                                                a-class units (%)
                                                                                            8
This section tells you how the Fund has performed since its inception. Returns are after                                                         6.41
the expenses have been deducted. These expenses reduce the return on your investments.      6                                    5.04
                                                                                                                                         5.57
It’s important to note that the Fund’s past performance is not necessarily indicative of    4
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.                                                             2

                                                                                            0
Average Return                                                                                                                   2009    2010    2011

A person who invested $1,000 in the Fund since its inception (March 20, 2008) today
holds $1,175, which represents an annual compounded rate of return of 4.18%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                  Low         Low to     Medium       Medium        High
up. Desjardins Investments Inc. has rated this Fund’s risk as low. For a description                        Medium                  to High
of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Capital yield bond fund (a-Class units)                                                                                                                              fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who is looking for a steady stream of income, has a low risk tolerance and is           ! Before you invest in any fund, you should consider how it would work
  seeking security of capital as important investment objectives.                                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.47% of its value, or $25 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   1.74%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 0.5% of the annual value of your
   These are the Fund’s trading costs.                                          0.73%                   investment, which represents $5 for every $1,000 invested.
   Fund Expenses                                                                2.47%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins Capital
                                                            yielD bonD funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                               Desjardins investments inc.

This document contains key information you should know about the Desjardins Capital Yield Bond Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      March 23, 2010     Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $111,470,501      Distributions:                 Income: monthly/Capital Gains: annually
Management Expense Ratio (MER):                                                  0.00%     Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                          who make a required minimum investment
                                                                                                                          determined by the Manager from time to time.


What does the Fund invest in?
The fundamental investment objective of the Fund is to provide a return similar to that of a Canadian fixed-income fund, less transaction and hedging costs. The Fund will
invest primarily in a portfolio of Canadian equity securities and will hedge its equity risks by entering into derivatives that provide the Fund with a return based on the
performance of a Canadian fixed-income fund. The Fund’s portfolio may also contain bonds from government issuers, corporations or other types of debt instruments primarily
from Canadian issuers and may contain a foreign component. Investors may receive cash flows in the form of either capital gains, return of capital, dividends or interest.
The chart below gives you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top Investments (as at February 29, 2012)
 1. Forward contract exposure to return of the Desjardins
    Canadian Bond Fund                                                          44.1 %
 2. Forward contract exposure to return of the Desjardins
    Enhanced Bond Fund                                                          44.2 %
 3. Cash and Cash Equivalents                                                   11.7 %
The Fund’s top investments represent 100% of the Fund.
Total number of investments: 3


hoW has the Fund perFormed?
Please note that the Fund has no I-Class Units outstanding since more than a year.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                  Low         Low to     Medium      Medium          High
up. Desjardins Investments Inc. has rated this Fund’s risk as low. For a description                        Medium                 to High
of the specific risks of this Fund, see the Fund’s Simplified Prospectus.
Desjardins Capital yield bond fund (i-Class units)                                                                                                                              fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who is looking for a steady stream of income, has a low risk tolerance                  ! Before you invest in any fund, you should consider how it would work
  and is seeking security of capital as important investment objectives.                                with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, the Fund has no outstanding I-Class Units.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                            N/A
                                                                                                        Not applicable, since the Fund has no outstanding I-Class Units as at
   Fund Expenses                                                                  N/A                   September 30, 2011.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 1.66%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins CanaDian
                                                            balanCeD funD (a-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                      Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Canadian Balanced Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    August 20, 1986       Portfolio Manager:               Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $258,869,585        Portfolio Subadvisor:            Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                 2.14%       Distributions:                   Income: quarterly/Capital Gains: annually
                                                                                            Minimum Investment:              $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests in various securities such as common and preferred shares, as well as bonds of Canadian or foreign corporations, bonds issued or guaranteed by various levels
of Canadian or foreign governments, loans secured by first mortgages on real estate, Treasury Bills, and term deposits.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                Investment Mix (as at February 29, 2012)
 1. Desjardins Overseas Equity Growth Fund, I-Class                              8.1%                                              l 52.8% Equities
 2. Government of Canada, 1.500%, 2013-11-01                                     4.6%                                                      37,8% Canadian Equities
 3. Cash and Cash Equivalents                                                    3.4%                                                      14,8% U.S. Equities
 4. PSP Capital, 4.570%, 2013-12-09                                              2.6%                                                        0,2% Foreign Equities
 5. Royal Bank of Canada                                                         2.5%                                              l 31.3% Canadian Bonds
 6. Toronto-Dominion Bank                                                        2.5%                                                      13.5% Government of Canada
 7. Suncor Energy                                                                2.0%                                                        9.2% Corporations
 8. Ontario School Boards Financing Corporation, Private Placement               2.0%                                                        6.3% Provincial Governments and
    Series 06A1, 5.070%, 2031-04-18                                                                                                                 Crown Corporations
 9. Canadian Natural Resources                                                   1.9%                                                        2.3% Municipalities and
10. Scotiabank                                                                   1.9%                                                               Semi-Public Institutions
The Fund’s top 10 investments represent 31.5% of the Fund.                                                                         l 8.1% Foreign Investment Funds
Total number of investments: 151                                                                                                   l 4.4% Mortgage-Backed Securities
                                                                                                                                   l 3.4% Cash and Cash Equivalents


hoW has the Fund perFormed?                                                                 a-class units (%)
                                                                                             40
This section tells you how the Fund has performed for the past ten years. Returns
are after the expenses have been deducted. These expenses reduce the return on               20                                                                 18.17
                                                                                                           10.79            10.43     12.59                             8.68
                                                                                                                    6.68
your investments.
                                                                                              0
It’s important to note that the Fund’s past performance is not necessarily indicative              -9.32
                                                                                                                                              -1.34                            -3.62
of how the Fund will perform in the future. Also, your actual after-tax return will          -20
                                                                                                                                                       -19.48
depend on your personal tax situation.                                                       -40
                                                                                                    2002     2003   2004    2005      2006    2007      2008    2009    2010   2011
Average Return
A person who invested $1,000 in the Fund ten years ago today holds $1,381, which
represents an annual compounded rate of return of 3.28%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years. Out of all of the
years presented, there are four years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                 Low       Low to        Medium        Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                               Medium                      to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Canadian balanced fund (a-Class units)                                                                                                                               fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for both a                ! Before you invest in any fund, you should consider how it would work
  reasonable level of revenue and long-term capital appreciation.                                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.39% of its value, or $24 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.14%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.25%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.39%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                           DesjarDins CanaDian
                                                           balanCeD funD (i-Class units)
                                                           fund facts as at march 28, 2012



                                                                                                                                                Desjardins investments inc.

This document contains key information you should know about the Desjardins Canadian Balanced Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    March 23, 2010       Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                                  $0      Portfolio Subadvisor:          Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                0.00%       Distributions:                 Income: quarterly/Capital Gains: annually
                                                                                           Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                          who make a required minimum investment
                                                                                                                          determined by the Manager from time to time.


What does the Fund invest in?
The Fund invests in various securities such as common and preferred shares, as well as bonds of Canadian or foreign corporations, bonds issued or guaranteed by various
levels of Canadian or foreign governments, loans secured by first mortgages on real estate, Treasury Bills, and term deposits.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                               Investment Mix (as at February 29, 2012)
 1. Desjardins Overseas Equity Growth Fund, I-Class                             8.1%                                         l 52.8% Equities
 2. Government of Canada, 1.500%, 2013-11-01                                    4.6%                                                 37,8% Canadian Equities
 3. Cash and Cash Equivalents                                                   3.4%                                                 14,8% U.S. Equities
 4. PSP Capital, 4.570%, 2013-12-09                                             2.6%                                                   0,2% Foreign Equities
 5. Royal Bank of Canada                                                        2.5%                                         l 31.3% Canadian Bonds
 6. Toronto-Dominion Bank                                                       2.5%                                                 13.5% Government of Canada
 7. Suncor Energy                                                               2.0%                                                   9.2% Corporations
 8. Ontario School Boards Financing Corporation, Private Placement              2.0%                                                   6.3% Provincial Governments and
    Series 06A1, 5.070%, 2031-04-18                                                                                                           Crown Corporations
 9. Canadian Natural Resources                                                  1.9%                                                   2.3% Municipalities and
10. Scotiabank                                                                  1.9%                                                          Semi-Public Institutions
The Fund’s top 10 investments represent 31.5% of the Fund.                                                                   l 8.1% Foreign Investment Funds
Total number of investments: 151                                                                                             l 4.4% Mortgage-Backed Securities
                                                                                                                             l 3.4% Cash and Cash Equivalents


hoW has the Fund perFormed?
Please note that the Desjardins Canadian Balanced Fund issued no I-Class units and had no such units outstanding during the reporting period.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.             Low          Low to    Medium        Medium         High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                              Medium                  to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Canadian balanced fund (i-Class units)                                                                                                                               fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for both                  ! Before you invest in any fund, you should consider how it would work
  a reasonable level of revenue and long-term capital appreciation.                                     with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, the Fund has no outstanding I-Class Units.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                            N/A
                                                                                                        Not applicable, since the Fund has no outstanding I-Class Units as at
   Fund Expenses                                                                  N/A                   September 30, 2011.
  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.04%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins québeC
                                                              balanCeD funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                      Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Québec Balanced Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                         June 20, 1997      Portfolio Manager:               Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $226,950,060       Portfolio Subadvisor:            Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                    2.19%      Distributions:                   Income: quarterly/Capital Gains: annually
                                                                                              Minimum Investment:              $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests in various equity or debt securities issued by Québec companies, partnerships or cooperatives, in various debt securities issued or guaranteed by the Québec
government or municipalities, or by other Québec public or para-public organizations, and in term deposits in Québec financial institutions.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                  Investment Mix (as at February 29, 2012)
 1. Cash and Cash Equivalents                                                       6.5%                              l 59.3% Equities
 2. Province of Québec, 5.000%, 2038-12-01                                          5.1%                                       16.5% Industrials
 3. TransForce                                                                      4.1%                                       11.0% Financials
 4. CGI Group, Class A                                                              4.0%                                       10.3% Consumer Discretionary
 5. Bombardier, Class B                                                             3.8%                                        7.7% Consumer Staples
                                                                                                                                6.9% Information Technology
 6. Province of Québec, 5.250%, 2013-10-01                                          3.2%
                                                                                                                                4.2% Materials
 7. National Bank of Canada                                                         3.0%                                        1.5% Telecommunication Services
 8. Province of Québec, 6.000%, 2029-10-01                                          2.8%                                        1.2% Utilities
 9. Province of Québec, 5.000%, 2041-12-01                                          2.7%                              l 34.2% Canadian Bonds
10. Osisko Mining Corporation                                                       2.7%                                       22.0% Provincial Governments
The Fund’s top 10 investments represent 37.9% of the Fund.                                                                             and Crown Corporations
                                                                                                                                7.3% Municipalities and
Total number of investments: 64                                                                                                        Semi-Public Institutions
                                                                                                                                4.9% Corporations
                                                                                                                      l 6.5% Cash and Cash Equivalents


hoW has the Fund perFormed?                                                                   a-class units (%)
                                                                                              50
This section tells you how the Fund has performed for the past ten years. Returns are after
the expenses have been deducted. These expenses reduce the return on your investments.        25             13.78                            11.54
                                                                                                                                                                21.83
                                                                                                                                                                        13.34
                                                                                                                      7.22    6.69    10.44
It’s important to note that the Fund’s past performance is not necessarily indicative of       0
                                                                                                                                                                                0.40
how the Fund will perform in the future. Also, your actual after-tax return will depend             -10.49
on your personal tax situation.                                                               -25                                                      -20.68

                                                                                              -50
Average Return                                                                                       2002      2003   2004    2005    2006     2007     2008    2009    2010    2011

A person who invested $1,000 in the Fund ten years ago today holds $1,620, which
represents an annual compounded rate of return of 4.94%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years. Out of all of the
years presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low        Low to        Medium      Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                                 Medium                    to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins québec balanced fund (a-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for both a                ! Before you invest in any fund, you should consider how it would work
  reasonable level of revenue and long-term capital appreciation.                                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.34% of its value, or $23 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.19%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.15%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.34%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                           DesjarDins québeC
                                                           balanCeD funD (i-Class units)
                                                           fund facts as at march 28, 2012



                                                                                                                                                 Desjardins investments inc.

This document contains key information you should know about the Desjardins Québec Balanced Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    March 23, 2010         Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                                  $0        Portfolio Subadvisor:          Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                0.00%         Distributions:                 Income: quarterly/Capital Gains: annually
                                                                                             Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                            who make a required minimum investment
                                                                                                                            determined by the Manager from time to time.


What does the Fund invest in?
The Fund invests in various equity or debt securities issued by Québec companies, partnerships or cooperatives, in various debt securities issued or guaranteed by the Québec
government or municipalities, or by other Québec public or para-public organizations, and in term deposits in Québec financial institutions.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Cash and Cash Equivalents                                                   6.5%                                 l 59.3% Equities
 2. Province of Québec, 5.000%, 2038-12-01                                      5.1%                                          16.5% Industrials
 3. TransForce                                                                  4.1%                                          11.0% Financials
 4. CGI Group, Class A                                                          4.0%                                          10.3% Consumer Discretionary
 5. Bombardier, Class B                                                         3.8%                                           7.7% Consumer Staples
                                                                                                                               6.9% Information Technology
 6. Province of Québec, 5.250%, 2013-10-01                                      3.2%
                                                                                                                               4.2% Materials
 7. National Bank of Canada                                                     3.0%                                           1.5% Telecommunication Services
 8. Province of Québec, 6.000%, 2029-10-01                                      2.8%                                           1.2% Utilities
 9. Province of Québec, 5.000%, 2041-12-01                                      2.7%                                 l 34.2% Canadian Bonds
10. Osisko Mining Corporation                                                   2.7%                                          22.0% Provincial Governments
The Fund’s top 10 investments represent 37.9% of the Fund.                                                                            and Crown Corporations
                                                                                                                               7.3% Municipalities and
Total number of investments: 64                                                                                                       Semi-Public Institutions
                                                                                                                               4.9% Corporations
                                                                                                                     l 6.5% Cash and Cash Equivalents


hoW has the Fund perFormed?
Please note that the Desjardins Québec Balanced Fund issued no I-Class units and had no such units outstanding during the reporting period.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.               Low          Low to     Medium       Medium         High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                                Medium                  to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins québec balanced fund (i-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for both a                ! Before you invest in any fund, you should consider how it would work
  reasonable level of revenue and long-term capital appreciation.                                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, the Fund has no outstanding I-Class Units.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                            N/A
                                                                                                        Not applicable, since the Fund has no outstanding I-Class Units as at
   Fund Expenses                                                                  N/A                   September 30, 2011.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.09%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins québeC
                                                            balanCeD funD (t-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                     Desjardins investments inc.

This document contains key information you should know about the Desjardins Québec Balanced Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                 December 16, 2002         Portfolio Manager:               Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $36,282,798        Portfolio Subadvisor:            Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                 2.19%        Distributions:                   Income and return of capital: monthly (each month,
                                                                                                                              last working Friday)/Capital Gains: annually
                                                                                             Minimum Investment:              $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests in various equity or debt securities issued by Québec companies, partnerships or cooperatives, in various debt securities issued or guaranteed by the Québec
government or municipalities, or by other Québec public or para-public organizations, and in term deposits in Québec financial institutions.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Cash and Cash Equivalents                                                    6.5%                                l 59.3% Equities
 2. Province of Québec, 5.000%, 2038-12-01                                       5.1%                                         16.5% Industrials
 3. TransForce                                                                   4.1%                                         11.0% Financials
 4. CGI Group, Class A                                                           4.0%                                         10.3% Consumer Discretionary
 5. Bombardier, Class B                                                          3.8%                                          7.7% Consumer Staples
                                                                                                                               6.9% Information Technology
 6. Province of Québec, 5.250%, 2013-10-01                                       3.2%
                                                                                                                               4.2% Materials
 7. National Bank of Canada                                                      3.0%                                          1.5% Telecommunication Services
 8. Province of Québec, 6.000%, 2029-10-01                                       2.8%                                          1.2% Utilities
 9. Province of Québec, 5.000%, 2041-12-01                                       2.7%                                l 34.2% Canadian Bonds
10. Osisko Mining Corporation                                                    2.7%                                         22.0% Provincial Governments
The Fund’s top 10 investments represent 37.9% of the Fund.                                                                            and Crown Corporations
                                                                                                                               7.3% Municipalities and
Total number of investments: 64                                                                                                       Semi-Public Institutions
                                                                                                                               4.9% Corporations
                                                                                                                     l 6.5% Cash and Cash Equivalents


hoW has the Fund perFormed?                                                                  t-class units (%)
                                                                                              30
This section tells you how the Fund has performed since its inception. Returns are after                                                                       21.78
                                                                                                           13.70                                                       13.30
the expenses have been deducted. These expenses reduce the return on your investments.                               7.22    6.67
                                                                                                                                     10.43   11.54
                                                                                                                                                                               0.40
It’s important to note that the Fund’s past performance is not necessarily indicative of       0
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.
                                                                                                                                                      -20.65
                                                                                              -30
Average Return                                                                                                2003   2004    2005    2006     2007     2008    2009    2010    2011

A person who invested $1,000 in the Fund since its inception today holds $1,813,
which represents an annual compounded rate of return of 6.70%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since the inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low       Low to        Medium      Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                                Medium                    to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins québec balanced fund (t-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for both a                ! Before you invest in any fund, you should consider how it would work
  reasonable level of revenue and long-term capital appreciation. T-Class Units are not                 with your other investments and your tolerance for risk.
  eligible for registered plans. These units are therefore unsuitable for investors who want to
  invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.34% of its value, or $23 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.19%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.15%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.34%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins DiviDenD
                                                             inCome funD (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                          Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Dividend Income Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 1, 1994       Portfolio Manager:                  Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $594,793,623         Portfolio Subadvisors:              Fiera Sceptre Inc. and Aberdeen Asset
                                                                                                                                  Management Inc. for foreign securities
Management Expense Ratio (MER):                                                  2.03%
                                                                                              Distributions:                      Income: quarterly/Capital Gains: annually
                                                                                              Minimum Investment:                 $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in Canadian, and to a lesser extent, foreign income producing securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments (as at February 29, 2012)                                 Investment Mix (as at February 29, 2012)
  1. Royal Bank of Canada                     4.1%                                                  l 75.6% Equities                                 l 22.7% Canadian Bonds
  2. Toronto-Dominion Bank                    3.7%                                                                    25.2%    Financials                         8.9% Government
  3. Suncor Energy                            3.5%                                                                    16.7%    Energy                                     of Canada
  4. Government of Canada, 1.500%, 2013-11-01 3.4%                                                                    10.2%    Materials                          7.9% Corporations
  5. Scotiabank                               3.3%                                                                     6.8%    Telecommunication                  5.1% Provincial
  6. Barrick Gold Corporation                 2.8%                                                                             Services                                   Governments
  7. Canadian Natural Resources               2.3%                                                                                                                        and Crown
                                                                                                                      4.7%     Consumer Staples                           Corporations
  8. Talisman Energy                          2.0%                                                                    4.6%     Industrials                        0.8% Municipalities
  9. Husky Energy                             1.9%                                                                    3.2%     Consumer                                   and Semi-Public
 10. Government of Canada, 3.000%, 2015-12-01 1.7%                                                                             Discretionary                              Institutions
 The Fund’s top 10 investments represent 28.7% of the Fund.                                                           2.0%     Utilities             l     1.0% Mortgage-Backed
                                                                                                                      1.5%     Health Care                      Securities
 Total number of investments: 213                                                                                                                    l     0.7% Cash and
                                                                                                                      0.7%     Information
                                                                                                                               Technology                       Cash Equivalents




hoW has the Fund perFormed?                                                                   a-class units (%)
                                                                                              40
This section tells you how the Fund has performed for the past ten years. Returns are after                                                                         22.86
the expenses have been deducted. These expenses reduce the return on your investments.        20            18.38      14.10     14.56   10.23                              9.45
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                           1.44
                                                                                               0
how the Fund will perform in the future. Also, your actual after-tax return will depend on          -2.89                                                                          -2.20
your personal tax situation.                                                                  -20
                                                                                                                                                           -25.12
                                                                                              -40
Average Return                                                                                       2002      2003     2004      2005   2006      2007     2008    2009    2010   2011

A person who invested $1,000 in the Fund ten years ago today holds $1,692, which
represents an annual compounded rate of return of 5.40%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years. Out of all of the years
presented, there are three years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low        Low to          Medium       Medium           High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                                 Medium                       to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Dividend income fund (a-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for a high income         ! Before you invest in any fund, you should consider how it would work
  level, mostly in the form of dividends and to a lesser extent long-term capital appreciation.         with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.11% of its value, or $21 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.03%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.08%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.11%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins DiviDenD
                                                             inCome funD (i-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                  Desjardins investments inc.

This document contains key information you should know about the Desjardins Dividend Income Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      March 23, 2010       Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                                       $0   Portfolio Subadvisors:         Fiera Sceptre Inc. and Aberdeen Asset
                                                                                                                            Management Inc. for foreign securities
Management Expense Ratio (MER):                                                   0.00%
                                                                                             Distributions:                 Income: quarterly/Capital Gains: annually
                                                                                             Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                            who make a required minimum investment
                                                                                                                            determined by the Manager from time to time.

What does the Fund invest in?
The Fund invests primarily in Canadian, and to a lesser extent, foreign income producing securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments (as at February 29, 2012)                                  Investment Mix (as at February 29, 2012)
  1. Royal Bank of Canada                     4.1%                                               l 75.6% Equities                             l 22.7% Canadian Bonds
  2. Toronto-Dominion Bank                    3.7%                                                              25.2%    Financials                       8.9% Government
  3. Suncor Energy                            3.5%                                                              16.7%    Energy                                   of Canada
  4. Government of Canada, 1.500%, 2013-11-01 3.4%                                                              10.2%    Materials                        7.9% Corporations
  5. Scotiabank                               3.3%                                                               6.8%    Telecommunication                5.1% Provincial
  6. Barrick Gold Corporation                 2.8%                                                                       Services                                 Governments
  7. Canadian Natural Resources               2.3%                                                                                                                and Crown
                                                                                                                  4.7%   Consumer Staples                         Corporations
  8. Talisman Energy                          2.0%                                                                4.6%   Industrials                      0.8% Municipalities
  9. Husky Energy                             1.9%                                                                3.2%   Consumer                                 and Semi-Public
 10. Government of Canada, 3.000%, 2015-12-01 1.7%                                                                       Discretionary                            Institutions
 The Fund’s top 10 investments represent 28.7% of the Fund.                                                       2.0%   Utilities            l    1.0% Mortgage-Backed
                                                                                                                  1.5%   Health Care                    Securities
 Total number of investments: 213                                                                                                             l    0.7% Cash and
                                                                                                                  0.7%   Information
                                                                                                                         Technology                     Cash Equivalents



hoW has the Fund perFormed?
Please note that the Desjardins Dividend Income Fund issued no I-Class units and had no such units outstanding during the reporting period.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                   Low          Low to     Medium      Medium          High
up. Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                            Medium                 to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Dividend income fund (i-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for a                     ! Before you invest in any fund, you should consider how it would work
  high income level, mostly in the form of dividends and to a lesser extent long-term                   with your other investments and your tolerance for risk.
  capital appreciation.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, the Fund has no outstanding I-Class Units.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                            N/A
                                                                                                        Not applicable, since the Fund has no outstanding I-Class Units as at
   Fund Expenses                                                                  N/A                   September 30, 2011.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 1.95%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins DiviDenD
                                                             inCome funD (t-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                         Desjardins investments inc.

This document contains key information you should know about the Desjardins Dividend Income Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                  December 16, 2002        Portfolio Manager:                  Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $193,129,140        Portfolio Subadvisors:              Fiera Sceptre Inc. and Aberdeen Asset
                                                                                                                                 Management Inc. for foreign securities
Management Expense Ratio (MER):                                                  2.03%
                                                                                             Distributions:                      Income and return of capital: monthly (each month,
                                                                                                                                 last working Friday)/Capital Gains: annually
                                                                                             Minimum Investment:                 $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in Canadian, and to a lesser extent, foreign income producing securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments (as at February 29, 2012)                                 Investment Mix (as at February 29, 2012)
  1. Royal Bank of Canada                     4.1%                                                 l 75.6% Equities                                 l 22.7% Canadian Bonds
  2. Toronto-Dominion Bank                    3.7%                                                                   25.2%    Financials                         8.9% Government
  3. Suncor Energy                            3.5%                                                                   16.7%    Energy                                     of Canada
  4. Government of Canada, 1.500%, 2013-11-01 3.4%                                                                   10.2%    Materials                          7.9% Corporations
  5. Scotiabank                               3.3%                                                                    6.8%    Telecommunication                  5.1% Provincial
  6. Barrick Gold Corporation                 2.8%                                                                            Services                                   Governments
  7. Canadian Natural Resources               2.3%                                                                                                                       and Crown
                                                                                                                     4.7%     Consumer Staples                           Corporations
  8. Talisman Energy                          2.0%                                                                   4.6%     Industrials                        0.8% Municipalities
  9. Husky Energy                             1.9%                                                                   3.2%     Consumer                                   and Semi-Public
 10. Government of Canada, 3.000%, 2015-12-01 1.7%                                                                            Discretionary                              Institutions
 The Fund’s top 10 investments represent 28.7% of the Fund.                                                          2.0%     Utilities             l     1.0% Mortgage-Backed
                                                                                                                     1.5%     Health Care                      Securities
 Total number of investments: 213                                                                                                                   l     0.7% Cash and
                                                                                                                     0.7%     Information
                                                                                                                              Technology                       Cash Equivalents



hoW has the Fund perFormed?                                                                  t-class units (%)
                                                                                             50
This section tells you how the Fund has performed since its inception. Returns are after
the expenses have been deducted. These expenses reduce the return on your investments.                    18.31                                                    22.82
                                                                                                                      14.07     14.52   10.21                              9.43
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                          1.43
                                                                                              0
how the Fund will perform in the future. Also, your actual after-tax return will depend on                                                                                        -2.17
your personal tax situation.                                                                                                                              -25.07
                                                                                             -50
Average Return                                                                                                2003     2004      2005   2006      2007     2008    2009    2010   2011

A person who invested $1,000 in the Fund since its inception (December 16, 2002) today
holds $1,774, which represents an annual compounded rate of return of 6.45%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since the inception. Out of all of the years
presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                 Low        Low to          Medium       Medium           High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                                Medium                       to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Dividend income fund (t-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk and who is looking for a high income         ! Before you invest in any fund, you should consider how it would work
  level, mostly in the form of dividends and to a lesser extent long-term capital appreciation.         with your other investments and your tolerance for risk.
  T-Class Units are not eligible for registered plans. These units are therefore unsuitable for
  investors who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.11% of its value, or $21 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.03%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.08%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.11%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins DiviDenD
                                                              growth funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                              Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Dividend Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 15, 2009   Portfolio Manager:          Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $358,003,950    Portfolio Subadvisor:       Jarislowsky Fraser Limited
Management Expense Ratio (MER):                                                    2.17%   Distributions:              Income: quarterly/Capital Gains: annually
                                                                                           Minimum Investment:         $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in Canadian equity securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                               Investment Mix (as at February 29, 2012)
 1. Toronto-Dominion Bank                                                           5.7%                                 l 98.9% Equities
 2. Royal Bank of Canada                                                            5.0%                                         28.0% Energy
 3. Scotiabank                                                                      4.3%                                         22.0% Financials
 4. Canadian Natural Resources                                                      2.8%                                         14.2% Consumer Staples
 5. Cenovus Energy                                                                  2.8%                                         10.3% Industrials
 6. Metro                                                                           2.8%                                           9.5% Consumer Discretionary
 7. TransCanada Corporation                                                         2.6%                                           6.6% Telecommunication Services
 8. Canadian National Railway Company                                               2.6%                                           3.1% Materials
 9. Rogers Communications, Class B                                                  2.5%                                           2.6% Utilities
10. Enbridge                                                                        2.5%                                           2.6% Health Care
The Fund’s top 10 investments represent 33.6% of the Fund.                                                               l 0.2% Derivative Financial Instruments
Total number of investments: 60                                                                                          l 0.9% Cash and Cash Equivalents


hoW has the Fund perFormed?                                                                a-class units (%)
                                                                                            10                                8.34
This section tells you how the Fund has performed since its inception. Returns are after
the expenses have been deducted. These expenses reduce the return on your investments.       5

It’s important to note that the Fund’s past performance is not necessarily indicative of     0
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.                                                             -5                                        -4.19
                                                                                           -10
Average Return                                                                                                                 2010    2011

A person who invested $1,000 in the Fund since its inception (January 15, 2009)
today holds $1,395, which represents an annual compounded rate of return
of 11.34%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                   Low        Low to   Medium      Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                 Medium               to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Dividend growth fund (a-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for both a high                  ! Before you invest in any fund, you should consider how it would work
  dividend return and long-term capital appreciation.                                                   with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.19% of its value, or $22 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.17%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.02%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.19%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                           DesjarDins DiviDenD
                                                           growth funD (i-Class units)
                                                           fund facts as at march 28, 2012



                                                                                                                                          Desjardins investments inc.

This document contains key information you should know about the Desjardins Dividend Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    March 23, 2010   Portfolio Manager:            Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $13,011,094   Portfolio Subadvisor:         Jarislowsky Fraser Limited
Management Expense Ratio (MER):                                                0.00%   Distributions:                Income: quarterly/Capital Gains: annually
                                                                                       Minimum Investment:           Units offered to large investors (institutional)
                                                                                                                     who make a required minimum investment
                                                                                                                     determined by the Manager from time to time.


What does the Fund invest in?
The Fund invests primarily in Canadian equity securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                           Investment Mix (as at February 29, 2012)
 1. Toronto-Dominion Bank                                                       5.7%                                   l 98.9% Equities
 2. Royal Bank of Canada                                                        5.0%                                           28.0% Energy
 3. Scotiabank                                                                  4.3%                                           22.0% Financials
 4. Canadian Natural Resources                                                  2.8%                                           14.2% Consumer Staples
 5. Cenovus Energy                                                              2.8%                                           10.3% Industrials
 6. Metro                                                                       2.8%                                             9.5% Consumer Discretionary
 7. TransCanada Corporation                                                     2.6%                                             6.6% Telecommunication Services
 8. Canadian National Railway Company                                           2.6%                                             3.1% Materials
 9. Rogers Communications, Class B                                              2.5%                                             2.6% Utilities
10. Enbridge                                                                    2.5%                                             2.6% Health Care
The Fund’s top 10 investments represent 33.6% of the Fund.                                                             l 0.2% Derivative Financial Instruments
Total number of investments: 60                                                                                        l 0.9% Cash and Cash Equivalents


hoW has the Fund perFormed?
Please note that the Fund has no I-Class Units outstanding since more than a year.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.         Low          Low to   Medium       Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description                     Medium                to High
of the specific risks of this Fund, see the Fund’s Simplified Prospectus.
Desjardins Dividend growth fund (i-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for both a high                  ! Before you invest in any fund, you should consider how it would work
  dividend return and long-term capital appreciation.                                                   with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, the Fund has no outstanding I-Class Units.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                            N/A
                                                                                                        Not applicable, since the Fund has no outstanding I-Class Units as at
   Fund Expenses                                                                  N/A                   September 30, 2011.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.07%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins DiviDenD
                                                              growth funD (t-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                              Desjardins investments inc.

This document contains key information you should know about the Desjardins Dividend Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 15, 2009   Portfolio Manager:          Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                           $48,377,417    Portfolio Subadvisor:       Jarislowsky Fraser Limited
Management Expense Ratio (MER):                                                    2.16%   Distributions:              Income and return of capital: monthly (each month,
                                                                                                                       last working Friday)/Capital Gains: annually
                                                                                           Minimum Investment:         $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in Canadian equity securities.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                               Investment Mix (as at February 29, 2012)
 1. Toronto-Dominion Bank                                                           5.7%                                 l 98.9% Equities
 2. Royal Bank of Canada                                                            5.0%                                         28.0% Energy
 3. Scotiabank                                                                      4.3%                                         22.0% Financials
 4. Canadian Natural Resources                                                      2.8%                                         14.2% Consumer Staples
 5. Cenovus Energy                                                                  2.8%                                         10.3% Industrials
 6. Metro                                                                           2.8%                                           9.5% Consumer Discretionary
 7. TransCanada Corporation                                                         2.6%                                           6.6% Telecommunication Services
 8. Canadian National Railway Company                                               2.6%                                           3.1% Materials
 9. Rogers Communications, Class B                                                  2.5%                                           2.6% Utilities
10. Enbridge                                                                        2.5%                                           2.6% Health Care
The Fund’s top 10 investments represent 33.6% of the Fund.                                                               l 0.2% Derivative Financial Instruments
Total number of investments: 60                                                                                          l 0.9% Cash and Cash Equivalents


hoW has the Fund perFormed?                                                                t-class units (%)
                                                                                            10                                8.29
This section tells you how the Fund has performed since its inception. Returns are after
the expenses have been deducted. These expenses reduce the return on your investments.       5

It’s important to note that the Fund’s past performance is not necessarily indicative of     0
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.                                                             -5                                        -4.15
                                                                                           -10
Average Return                                                                                                                 2010    2011

A person who invested $1,000 in the Fund since its inception (January 15, 2009)
today holds $1,395, which represents an annual compounded rate of return
of 11.32%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                   Low        Low to   Medium      Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                 Medium               to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Dividend growth fund (t-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for both a high                  ! Before you invest in any fund, you should consider how it would work
  dividend return and long-term capital appreciation. T-Class Units are not eligible for                with your other investments and your tolerance for risk.
  registered plans. These units are therefore unsuitable for investors who want to invest in
  registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.18% of its value, or $22 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.16%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.02%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.18%                   investment, which represents $10 for every $1,000 invested.


  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins CanaDian
                                                              equity value funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                                    investments inc.
                                                                                                                                                         Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Canadian Equity Value Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   December 16, 2002         Portfolio Manager:                Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $565,314,426        Portfolio Subadvisors:            LSV Asset Management and Tetrem Capital
                                                                                                                                 Management Ltd.
Management Expense Ratio (MER):                                                    2.41%
                                                                                               Distributions:                    Income: annually/Capital Gains: annually
                                                                                               Minimum Investment:               $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The objective of this Fund is to provide unitholders with a reasonable income return and long-term capital appreciation. The Fund’s portfolio consists primarily of equity
securities of Canadian corporations.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                   Investment Mix (as at February 29, 2012)
 1. Suncor Energy                                                                   5.9%                                               l 28.5% Energy
 2. Toronto-Dominion Bank                                                           5.2%                                               l 26.4% Financials
 3. Canadian Imperial Bank of Commerce                                              4.0%                                               l 18.2% Materials
 4. Teck Resources, Class B                                                         3.4%
                                                                                                                                       l 7.4% Consumer Discretionary
 5. Cash and Cash Equivalents                                                       3.3%
                                                                                                                                       l 6.3% Industrials
 6. Magna International, Class A                                                    3.2%
 7. Barrick Gold Corporation                                                        3.1%                                               l 3.8% Consumer Staples
 8. Royal Bank of Canada                                                            3.0%                                               l 3.1% Information Technology
 9. Potash Corporation of Saskatchewan                                              2.7%                                               l 2.2% Telecommunication Services
10. Precision Drilling Corporation                                                  2.3%                                               l 0.8% Utilities
The Fund’s top 10 investments represent 36.1% of the Fund.                                                                             l 3.3% Cash and Cash Equivalents
Total number of investments: 92


hoW has the Fund perFormed?                                                                    a-class units (%)
                                                                                                50
This section tells you how the Fund has performed since its inception. Returns are after                                                                           36.25
the expenses have been deducted. These expenses reduce the return on your investments.                      18.72               23.55                                      18.91
                                                                                                                       11.78              17.19
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                          2.40
                                                                                                 0
how the Fund will perform in the future. Also, your actual after-tax return will depend
                                                                                                                                                                                   -14.84
on your personal tax situation.
                                                                                                                                                          -36.68
                                                                                               -50
Average Return                                                                                                  2003   2004     2005      2006    2007     2008    2009    2010     2011

A person who invested $1,000 in the Fund since its inception (December 16, 2002)
today holds $1,895, which represents an annual compounded rate of return
of 7.22%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                       Low        Low to         Medium        Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                     Medium                       to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Canadian equity value fund (a-Class units)                                                                                                                           fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for a reasonable level           ! Before you invest in any fund, you should consider how it would work
  of revenue and long-term capital appreciation.                                                        with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.47% of its value, or $25 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Ratio des frais de gestion (RFG)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.41%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.06%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.47%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins CanaDian
                                                            equity value funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                              Desjardins investments inc.
                                                                                                                             fédération des caisses Desjardins du québec

This document contains key information you should know about the Desjardins Canadian Equity Value Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   January 25, 2008          Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $54,411,174          Portfolio Subadvisors:         LSV Asset Management and Tetrem Capital
                                                                                                                              Management Ltd.
Management Expense Ratio (MER):                                                 0.00%
                                                                                               Distributions:                 Income: annually/Capital Gains: annually
                                                                                               Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                              who make a required minimum investment
                                                                                                                              determined by the Manager from time to time.


What does the Fund invest in?
The objective of this Fund is to provide unitholders with a reasonable income return and long-term capital appreciation. The Fund’s portfolio consists primarily of equity
securities of Canadian corporations.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                   Investment Mix (as at February 29, 2012)
 1. Suncor Energy                                                                5.9%                                            l 28.5% Energy
 2. Toronto-Dominion Bank                                                        5.2%                                            l 26.4% Financials
 3. Canadian Imperial Bank of Commerce                                           4.0%                                            l 18.2% Materials
 4. Teck Resources, Class B                                                      3.4%
                                                                                                                                 l 7.4% Consumer Discretionary
 5. Cash and Cash Equivalents                                                    3.3%
                                                                                                                                 l 6.3% Industrials
 6. Magna International, Class A                                                 3.2%
 7. Barrick Gold Corporation                                                     3.1%                                            l 3.8% Consumer Staples
 8. Royal Bank of Canada                                                         3.0%                                            l 3.1% Information Technology
 9. Potash Corporation of Saskatchewan                                           2.7%                                            l 2.2% Telecommunication Services
10. Precision Drilling Corporation                                               2.3%                                            l 0.8% Utilities
The Fund’s top 10 investments represent 36.1% of the Fund.                                                                       l 3.3% Cash and Cash Equivalents
Total number of investments: 92


hoW has the Fund perFormed?                                                                    i-class units (%)
                                                                                                0
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception
                                                                                                -5
however of management fees paid to the Manager which may differ from one
investor to another as they are negotiated by each one of them directly with
                                                                                               -10
the Manager.
It is important to note that the Fund’s past performance is not necessarily indicative                                                        -12.41
                                                                                               -15
of how the Fund will perform in the future. Also, your actual after-tax return will                                                            2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,165 which represents an annual compounded rate of return of 9.33%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins Canadian equity value fund (i-Class units)                                                                                                                           fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for a reasonable level           ! Before you invest in any fund, you should consider how it would work
  of revenue and long-term capital appreciation.                                                        with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.06% of its value, or $1 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.06%
   Fund Expenses                                                                0.06%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.30%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins CanaDian
                                                              equity value funD (t-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                              Desjardins investments inc.
                                                                                                                             fédération des caisses Desjardins du québec

This document contains key information you should know about the Desjardins Canadian Equity Value Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 17, 2007       Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                           $10,147,332        Portfolio Subadvisors:         LSV Asset Management and Tetrem Capital
                                                                                                                              Management Ltd.
Management Expense Ratio (MER):                                                    2.41%
                                                                                               Distributions:                 Income and return of capital: monthly (each month,
                                                                                                                              last working Friday)/Capital Gains: annually
                                                                                               Minimum Investment:            $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The objective of this Fund is to provide unitholders with a reasonable income return and long-term capital appreciation. The Fund’s portfolio consists primarily of equity
securities of Canadian corporations.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                   Investment Mix (as at February 29, 2012)
 1. Suncor Energy                                                                   5.9%                                             l 28.5% Energy
 2. Toronto-Dominion Bank                                                           5.2%                                             l 26.4% Financials
 3. Canadian Imperial Bank of Commerce                                              4.0%                                             l 18.2% Materials
 4. Teck Resources, Class B                                                         3.4%
                                                                                                                                     l 7.4% Consumer Discretionary
 5. Cash and Cash Equivalents                                                       3.3%
                                                                                                                                     l 6.3% Industrials
 6. Magna International, Class A                                                    3.2%
 7. Barrick Gold Corporation                                                        3.1%                                             l 3.8% Consumer Staples
 8. Royal Bank of Canada                                                            3.0%                                             l 3.1% Information Technology
 9. Potash Corporation of Saskatchewan                                              2.7%                                             l 2.2% Telecommunication Services
10. Precision Drilling Corporation                                                  2.3%                                             l 0.8% Utilities
The Fund’s top 10 investments represent 36.1% of the Fund.                                                                           l 3.3% Cash and Cash Equivalents
Total number of investments: 92


hoW has the Fund perFormed?                                                                    t-class units (%)
                                                                                                50
This section tells you how the Fund has performed since its inception. Returns are after                                                35.85
the expenses have been deducted. These expenses reduce the return on your investments.          25                                              18.77
It’s important to note that the Fund’s past performance is not necessarily indicative of         0
how the Fund will perform in the future. Also, your actual after-tax return will depend
                                                                                                                                                        -14.49
on your personal tax situation.                                                                -25

                                                                                                                             -36.46
                                                                                               -50
Average Return                                                                                                                2008      2009    2010     2011

A person who invested $1,000 in the Fund since its inception (January 17, 2007)
today holds $973, which represents an annual compounded rate of return of -0.53%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                       Low        Low to     Medium          Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                     Medium                     to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Canadian equity value fund (t-Class units)                                                                                                                           fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for a reasonable level           ! Before you invest in any fund, you should consider how it would work
  of revenue and long-term capital appreciation. T-Class Units are not eligible for registered          with your other investments and your tolerance for risk.
  plans. These units are therefore unsuitable for investors who want to invest in
  registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.47% of its value, or $25 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Ratio des frais de gestion (RFG)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.41%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.06%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.47%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins CanaDian equity
                                                              growth funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                        Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Canadian Equity Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      October 30, 1956       Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $1,113,058,740        Portfolio Subadvisors:          Fiera Sceptre Inc. and Picton Mahoney
                                                                                                                               Asset Management
Management Expense Ratio (MER):                                                    2.18%
                                                                                               Distributions:                  Income: annually/Capital Gains: annually
                                                                                               Minimum Investment:             $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The objective of this Fund is to provide unitholders with a reasonable income return and long-term capital appreciation. The Fund’s portfolio consists primarily of equity
securities of Canadian corporations.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                   Investment Mix (as at February 29, 2012)
 1. Toronto-Dominion Bank                                                           6.3%                                             l 26.3% Financials
 2. Royal Bank of Canada                                                            5.2%                                             l 25.8% Energy
 3. Suncor Energy                                                                   4.7%                                             l 20.7% Materials
 4. Cash and Cash Equivalents                                                       4.4%
                                                                                                                                     l 7.8% Industrials
 5. Canadian Natural Resources                                                      3.9%
                                                                                                                                     l 6.7% Consumer Discretionary
 6. Scotiabank                                                                      3.9%
 7. Magna International, Class A                                                    2.4%                                             l 4.0% Information Technology
 8. Intact Financial                                                                2.2%                                             l 1.8% Telecommunication Services
 9. Goldcorp                                                                        2.2%                                             l 1.4% Consumer Staples
10. Barrick Gold Corporation                                                        2.1%                                             l 0.8% Health Care
The Fund’s top 10 investments represent 37.3% of the Fund.                                                                           l 0.3% Utilities
                                                                                                                                     l 4.4% Cash and Cash Equivalents
Total number of investments: 117


hoW has the Fund perFormed?                                                                    a-class units (%)
                                                                                                50
This section tells you how the Fund has performed since it was merged. Returns are after                                                                 37.27
the expenses have been deducted. These expenses reduce the return on your investments.          25                   22.80    17.80                               15.90
                                                                                                                                        2.98
It’s important to note that the Fund’s past performance is not necessarily indicative of         0
how the Fund will perform in the future. Also, your actual after-tax return will depend                                                                                   -12.58
on your personal tax situation.                                                                -25
                                                                                                                                               -35.51
                                                                                               -50
Average Return                                                                                                        2005    2006      2007    2008      2009    2010     2011

A person who invested $1,000 in the Fund since it was merged (January 12, 2004)
today holds $1,503, which represents an annual compounded rate of return of 5.15%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since it was merged. Out of all of the
years presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                       Low        Low to       Medium       Medium           High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                     Medium                    to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Canadian equity growth fund (a-Class units)                                                                                                                          fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for a reasonable                 ! Before you invest in any fund, you should consider how it would work
  level of revenue and long-term capital appreciation.                                                  with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.62% of its value, or $26 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.18%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.44%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.62%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins CanaDian equity
                                                            growth funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                       Desjardins investments inc.

This document contains key information you should know about the Desjardins Canadian Equity Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                     March 23, 2010          Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $61,295,087          Portfolio Subadvisors:         Fiera Sceptre Inc. and Picton Mahoney
                                                                                                                              Asset Management
Management Expense Ratio (MER):                                                 0.00%
                                                                                               Distributions:                 Income: annually/Capital Gains: annually
                                                                                               Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                              who make a required minimum investment
                                                                                                                              determined by the Manager from time to time.


What does the Fund invest in?
The objective of this Fund is to provide unitholders with a reasonable income return and long-term capital appreciation. The Fund’s portfolio consists primarily of equity
securities of Canadian corporations.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                   Investment Mix (as at February 29, 2012)
 1. Toronto-Dominion Bank                                                        6.3%                                            l 26.3% Financials
 2. Royal Bank of Canada                                                         5.2%                                            l 25.8% Energy
 3. Suncor Energy                                                                4.7%                                            l 20.7% Materials
 4. Cash and Cash Equivalents                                                    4.4%
                                                                                                                                 l 7.8% Industrials
 5. Canadian Natural Resources                                                   3.9%
                                                                                                                                 l 6.7% Consumer Discretionary
 6. Scotiabank                                                                   3.9%
 7. Magna International, Class A                                                 2.4%                                            l 4.0% Information Technology
 8. Intact Financial                                                             2.2%                                            l 1.8% Telecommunication Services
 9. Goldcorp                                                                     2.2%                                            l 1.4% Consumer Staples
10. Barrick Gold Corporation                                                     2.1%                                            l 0.8% Health Care
The Fund’s top 10 investments represent 37.3% of the Fund.                                                                       l 0.3% Utilities
                                                                                                                                 l 4.4% Cash and Cash Equivalents
Total number of investments: 117


hoW has the Fund perFormed?                                                                    i-class units (%)
                                                                                                0
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception
                                                                                                -5
however of management fees paid to the Manager which may differ from one
investor to another as they are negotiated by each one of them directly with
                                                                                               -10
the Manager.                                                                                                                                  -10.41
It is important to note that the Fund’s past performance is not necessarily indicative         -15
of how the Fund will perform in the future. Also, your actual after-tax return will                                                            2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,162 which represents an annual compounded rate of return of 6.65%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins Canadian equity growth fund (i-Class units)                                                                                                                          fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for a reasonable                 ! Before you invest in any fund, you should consider how it would work
  level of revenue and long-term capital appreciation.                                                  with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.44% of its value, or $4 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.44%
   Fund Expenses                                                                0.44%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.09%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins environment
                                                              funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                        Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Environment Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   September 10, 1990      Portfolio Manager:                Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $187,948,645      Portfolio Subadvisor:             Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                    2.32%     Distributions:                    Income: annually/Capital Gains: annually
                                                                                             Minimum Investment:               $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund’s portfolio consists primarily of shares of Canadian corporations that take a responsible approach towards the environment, i.e. corporations that actively manage the
environmental side of their operations by adopting a vision and clear objectives as far as environmental questions are concerned. A subadvisory committee comprised of
experts in various areas, committed to the environmental issues and whose expertise is recognized in their community has been set up. The committee helps the Portfolio
Subadvisor by assessing the securities with respect to their environmental aspects. The Fund follows a socially responsible approach to investing.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Suncor Energy                                                                   8.2%                                             l 28.3% Financials
 2. Royal Bank of Canada                                                            7.9%                                             l 27.3% Energy
 3. Toronto-Dominion Bank                                                           7.8%                                             l 24.2% Materials
 4. Cenovus Energy                                                                  6.1%
                                                                                                                                     l 6.7% Consumer Discretionary
 5. Scotiabank                                                                      5.8%
                                                                                                                                     l 6.6% Industrials
 6. Barrick Gold Corporation                                                        3.9%
 7. Enbridge                                                                        3.5%                                             l 2.8% Consumer Staples
 8. Potash Corporation of Saskatchewan                                              3.3%                                             l 2.0% Information Technology
 9. Goldcorp                                                                        3.1%                                             l 1.0% Telecommunication Services
10. Magna International, Class A                                                    3.0%                                             l 1.1% Cash and Cash Equivalents
The Fund’s top 10 investments represent 52.6% of the Fund.
Total number of investments: 42


hoW has the Fund perFormed?                                                                  a-class units (%)
                                                                                              50
This section tells you how the Fund has performed for the past ten years. Returns                                             30.65
                                                                                                                                                                  38.39
are after the expenses have been deducted. These expenses reduce the return on                25            22.21
                                                                                                                     11.78              17.04   15.10                     10.90
your investments.
                                                                                               0
It’s important to note that the Fund’s past performance is not necessarily indicative of           -11.98                                                                         -14.02
how the Fund will perform in the future. Also, your actual after-tax return will depend      -25
                                                                                                                                                         -32.36
on your personal tax situation.                                                              -50
                                                                                                    2002      2003   2004     2005      2006    2007      2008    2009    2010     2011
Average Return
A person who invested $1,000 in the Fund ten years ago today holds $2,054, which
represents an annual compounded rate of return of 7.46%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years. Out of all of the
years presented, there are three years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                     Low        Low to         Medium        Medium          High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                   Medium                       to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins environment fund (a-Class units)                                                                                                                                     fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation through exposure to large Canadian companies that contribute to maintaining              with your other investments and your tolerance for risk.
  or improving the environment.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.72% of its value, or $27 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.32%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.40%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.72%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins environment
                                                            funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                    Desjardins investments inc.

This document contains key information you should know about the Desjardins Environment Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   January 15, 2009        Portfolio Manager:             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $54,493,450        Portfolio Subadvisor:          Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                 0.00%        Distributions:                 Income: annually/Capital Gains: annually
                                                                                             Minimum Investment:            Units offered to large investors (institutional)
                                                                                                                            who make a required minimum investment
                                                                                                                            determined by the Manager from time to time.


What does the Fund invest in?
The Fund’s portfolio consists primarily of shares of Canadian corporations that take a responsible approach towards the environment, i.e. corporations that actively manage
the environmental side of their operations by adopting a vision and clear objectives as far as environmental questions are concerned. A subadvisory committee comprised
of experts in various areas, committed to the environmental issues and whose expertise is recognized in their community has been set up. The committee helps the Portfolio
Subadvisor by assessing the securities with respect to their environmental aspects. The Fund follows a socially responsible approach to investing.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Suncor Energy                                                                8.2%                                          l 28.3% Financials
 2. Royal Bank of Canada                                                         7.9%                                          l 27.3% Energy
 3. Toronto-Dominion Bank                                                        7.8%                                          l 24.2% Materials
 4. Cenovus Energy                                                               6.1%
                                                                                                                               l 6.7% Consumer Discretionary
 5. Scotiabank                                                                   5.8%
                                                                                                                               l 6.6% Industrials
 6. Barrick Gold Corporation                                                     3.9%
 7. Enbridge                                                                     3.5%                                          l 2.8% Consumer Staples
 8. Potash Corporation of Saskatchewan                                           3.3%                                          l 2.0% Information Technology
 9. Goldcorp                                                                     3.1%                                          l 1.0% Telecommunication Services
10. Magna International, Class A                                                 3.0%                                          l 1.1% Cash and Cash Equivalents
The Fund’s top 10 investments represent 52.6% of the Fund.
Total number of investments: 42


hoW has the Fund perFormed?                                                                  i-class units (%)
                                                                                              20
This section tells you how I-Class Units of the Fund have performed since their                                                    13.50
inception. Returns are after expenses have been deducted with the exception                   10
however of management fees paid to the Manager which may differ from one
                                                                                               0
investor to another as they are negotiated by each one of them directly with
the Manager.                                                                                 -10
                                                                                                                                           -11.72
It is important to note that the Fund’s past performance is not necessarily indicative       -20
of how the Fund will perform in the future. Also, your actual after-tax return will                                                 2010     2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,599 which represents an annual compounded rate of return of 16.34%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins environment fund (i-Class units)                                                                                                                                     fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation through exposure to large Canadian companies that contribute to maintaining              with your other investments and your tolerance for risk.
  or improving the environment.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.40% of its value, or $4 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.40%
   Fund Expenses                                                                0.40%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.24%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.

  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins CanaDian
                                                             small Cap equity funD (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                            Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Canadian Small Cap Equity Fund. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 1, 1994          Portfolio Manager:                 Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $118,053,920            Portfolio Subadvisor:              Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                  2.19%           Distributions:                     Income: annually/Capital Gains: annually
                                                                                                 Minimum Investment:                $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The objective of this Fund is long-term capital appreciation. It invests primarily in equity securities of small-capitalization Canadian corporations.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)
 1. Major Drilling Group International                                            3.3%                                                 l   32.3%     Materials
 2. Dundee Precious Metals                                                        3.1%                                                 l   22.3%     Energy
 3. Canadian Energy Services & Technology Corp.                                   2.9%                                                 l   17.1%     Financials
 4. B2Gold Corp.                                                                  2.7%                                                     14.4%     Industrials
                                                                                                                                       l
 5. TransForce                                                                    2.6%
                                                                                                                                       l    4.7%     Information Technology
 6. Northern Property Real Estate Investment Trust                                2.5%
                                                                                                                                       l    3.1%     Consumer Staples
 7. Black Diamond Group                                                           2.5%
 8. Home Capital Group                                                            2.5%                                                 l    3.1%     Consumer Discretionary
 9. Painted Pony Petroleum, Class A                                               2.2%                                                 l    1.1%     Health Care
10. Crew Energy                                                                   2.0%                                                 l    0.4%     Utilities
                                                                                                                                       l    1.5%     Cash and Cash Equivalents
The Fund’s top 10 investments represent 26.3% of the Fund.
Total number of investments: 81


hoW has the Fund perFormed?                                                                      a-class units (%)
                                                                                                  100
This section tells you how the Fund has performed for the past ten years. Returns
                                                                                                                                                                      55.24
are after the expenses have been deducted. These expenses reduce the return on                     50
                                                                                                                  21.32            22.75
                                                                                                                                                                              35.29
                                                                                                                          13.09            14.95
your investments.                                                                                   0
                                                                                                                                                    -0.25
It’s important to note that the Fund’s past performance is not necessarily indicative of                  -7.48                                                                       -8.63
                                                                                                   -50
how the Fund will perform in the future. Also, your actual after-tax return will depend                                                                      -50.99
on your personal tax situation.                                                                   -100
                                                                                                          2002    2003    2004      2005    2006    2007      2008    2009    2010    2011

Average Return
A person who invested $1,000 in the Fund ten years ago today holds $1,830, which
represents an annual compounded rate of return of 6.23%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years. Out of all of the
years presented, there are four years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                       Low      Low to          Medium      Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as medium to high. For a                                   Medium                      to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins Canadian small Cap equity fund (a-Class units)                                                                                                                       fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium to high tolerance for risk and who is looking for greater long-        ! Before you invest in any fund, you should consider how it would work
  term capital appreciation through exposure to small-to-medium-size Canadian companies.                with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.80% of its value, or $28 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.19%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.61%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.80%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins CanaDian
                                                             small Cap equity funD (i-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                         Desjardins investments inc.

This document contains key information you should know about the Desjardins Canadian Small Cap Equity Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      March 23, 2010           Portfolio Manager:               Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                                       $0       Portfolio Subadvisor:            Fiera Sceptre Inc.
Management Expense Ratio (MER):                                                  0.00%           Distributions:                   Income: annually/Capital Gains: annually
                                                                                                 Minimum Investment:              Units offered to large investors (institutional)
                                                                                                                                  who make a required minimum investment
                                                                                                                                  determined by the Manager from time to time.


What does the Fund invest in?
The objective of this Fund is long-term capital appreciation. It invests primarily in equity securities of small-capitalization Canadian corporations.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)
 1. Major Drilling Group International                                            3.3%                                               l   32.3%     Materials
 2. Dundee Precious Metals                                                        3.1%                                               l   22.3%     Energy
 3. Canadian Energy Services & Technology Corp.                                   2.9%                                               l   17.1%     Financials
 4. B2Gold Corp.                                                                  2.7%                                                   14.4%     Industrials
                                                                                                                                     l
 5. TransForce                                                                    2.6%
                                                                                                                                     l    4.7%     Information Technology
 6. Northern Property Real Estate Investment Trust                                2.5%
                                                                                                                                     l    3.1%     Consumer Staples
 7. Black Diamond Group                                                           2.5%
 8. Home Capital Group                                                            2.5%                                               l    3.1%     Consumer Discretionary
 9. Painted Pony Petroleum, Class A                                               2.2%                                               l    1.1%     Health Care
10. Crew Energy                                                                   2.0%                                               l    0.4%     Utilities
                                                                                                                                     l    1.5%     Cash and Cash Equivalents
The Fund’s top 10 investments represent 26.3% of the Fund.
Total number of investments: 81


hoW has the Fund perFormed?
Please note that the Desjardins Canadian Small Cap Equity Fund issued no I-Class units and had no such units outstanding during the reporting period.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                       Low          Low to      Medium        Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium to high. For a                               Medium                    to High
description of the specific risks of this Fund, see the Fund’s Simplified Prospectus.
Desjardins Canadian small Cap equity fund (i-Class units)                                                                                                                       fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium to high tolerance for risk and who is looking for greater long-        ! Before you invest in any fund, you should consider how it would work
  term capital appreciation through exposure to small-to-medium-size Canadian companies.                with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, the Fund has no outstanding I-Class Units.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                            N/A
                                                                                                        Not applicable, since the Fund has no outstanding I-Class Units as at
   Fund Expenses                                                                  N/A                   September 30, 2011.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.09%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               DesjarDins ameriCan
                                                               equity value funD (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                             Desjardins Investments Inc.

This document contains key information you should know about the Desjardins American Equity Value Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                       January 12, 2004      Portfolio Manager:                Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                           $326,055,316       Portfolio Subadvisor:             Wellington Management Company, LLP
Management Expense Ratio (MER):                                                     2.49%      Distributions:                    Income: annually/Capital Gains: annually
                                                                                               Minimum Investment:               $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund’s portfolio consists primarily of equity securities of companies in the United States.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                   Investment Mix (as at February 29, 2012)
 1. Exxon Mobil Corporation                                                          3.4%                                              l    22.3%     Financials
 2. Wells Fargo & Company                                                            3.2%                                              l    13.9%     Energy
 3. Merck & Co.                                                                      3.1%                                              l    12.5%     Health Care
 4. Pfizer                                                                           3.0%                                                   12.2%     Industrials
                                                                                                                                       l
 5. AT&T                                                                             2.9%
                                                                                                                                       l     8.4%     Consumer Discretionary
 6. JP Morgan Chase & Co.                                                            2.8%
                                                                                                                                       l     8.3%     Information Technology
 7. Occidental Petroleum Corporation                                                 2.5%
 8. General Electric Company                                                         2.4%                                              l     8.2%     Consumer Staples
 9. Cash and Cash Equivalents                                                        2.3%                                              l     5.3%     Utilities
10. Procter & Gamble                                                                 2.2%                                              l     3.7%     Materials
The Fund’s top 10 investments represent 27.8% of the Fund.                                                                             l     2.9%     Telecommunication Services
                                                                                                                                       l     2.3%     Cash and Cash Equivalents
Total number of investments: 82


hoW has the Fund perFormed?                                                                    a-class units (%)
                                                                                               40
This section tells you how the Fund has performed since its inception. Returns are after the
expenses have been deducted. These expenses reduce the return on your investments.             20                               15.81
                                                                                                                                                              7.96     5.09
It’s important to note that the Fund’s past performance is not necessarily indicative of        0
                                                                                                                                                                              -0.12
how the Fund will perform in the future. Also, your actual after-tax return will depend                                -1.60
on your personal tax situation.                                                                -20                                         -17.39
                                                                                                                                                    -26.57
                                                                                               -40
Average Return                                                                                                         2005     2006        2007     2008      2009    2010   2011

A person who invested $1,000 in the Fund since its inception (January 12, 2004)
today holds $825, which represents an annual compounded rate of return of -2.34%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the
years presented, there are four years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                       Low        Low to         Medium         Medium            High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                     Medium                        to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins american equity value fund (a-Class units)                                                                                                                           fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core American equity fund to the portfolio.                          with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.61% of its value, or $26 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.49%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.12%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.61%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins ameriCan
                                                            equity value funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                           Desjardins investments inc.

This document contains key information you should know about the Desjardins American Equity Value Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                     March 23, 2010    Portfolio Manager:          Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $2,531,851    Portfolio Subadvisor:       Wellington Management Company, LLP
Management Expense Ratio (MER):                                                 0.00%    Distributions:              Income: annually/Capital Gains: annually
                                                                                         Minimum Investment:         Units offered to large investors (institutional)
                                                                                                                     who make a required minimum investment
                                                                                                                     determined by the Manager from time to time.


What does the Fund invest in?
The Fund’s portfolio consists primarily of equity securities of companies in the United States.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                             Investment Mix (as at February 29, 2012)
 1. Exxon Mobil Corporation                                                      3.4%                                   l   22.3%    Financials
 2. Wells Fargo & Company                                                        3.2%                                   l   13.9%    Energy
 3. Merck & Co.                                                                  3.1%                                   l   12.5%    Health Care
 4. Pfizer                                                                       3.0%                                       12.2%    Industrials
                                                                                                                        l
 5. AT&T                                                                         2.9%
                                                                                                                        l    8.4%    Consumer Discretionary
 6. JP Morgan Chase & Co.                                                        2.8%
                                                                                                                        l    8.3%    Information Technology
 7. Occidental Petroleum Corporation                                             2.5%
 8. General Electric Company                                                     2.4%                                   l    8.2%    Consumer Staples
 9. Cash and Cash Equivalents                                                    2.3%                                   l    5.3%    Utilities
10. Procter & Gamble                                                             2.2%                                   l    3.7%    Materials
The Fund’s top 10 investments represent 27.8% of the Fund.                                                              l    2.9%    Telecommunication Services
                                                                                                                        l    2.3%    Cash and Cash Equivalents
Total number of investments: 82


hoW has the Fund perFormed?                                                              i-class units (%)
                                                                                         4
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception                                                         2.51
however of management fees paid to the Manager which may differ from one
                                                                                         2
investor to another as they are negotiated by each one of them directly with
the Manager.
It is important to note that the Fund’s past performance is not necessarily indicative   0
of how the Fund will perform in the future. Also, your actual after-tax return will                                                 2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,169 which represents an annual compounded rate of return of 9.60%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.
Desjardins american equity value fund (i-Class units)                                                                                                                           fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core American equity fund to the portfolio.                          with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.12% of its value, or $1 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.12%
   Fund Expenses                                                                0.12%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.37%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins ameriCan equity
                                                              growth funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                    Desjardins Investments Inc.

This document contains key information you should know about the Desjardins American Equity Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 12, 2004     Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $709,849,031      Portfolio Subadvisor:           Wellington Management Company, LLP
Management Expense Ratio (MER):                                                    2.55%     Distributions:                  Income: annually/Capital Gains: annually
                                                                                             Minimum Investment:             $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in equity and equity-related securities of United States companies and/or units of mutual funds which themselves invest primarily in equity and
equity-related securities of United States companies.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Apple Computer                                                                  7.6%                                        l 40.9% Information Technology
 2. eBay                                                                            3.5%                                        l 19.6% Consumer Discretionary
 3. Altera Corporation                                                              3.1%                                        l 10.5% Energy
 4. Green Mountain Coffee Roasters                                                  2.9%
                                                                                                                                l 9.9% Industrials
 5. Cash and Cash Equivalents                                                       2.5%
                                                                                                                                l 8.3% Health Care
 6. Oracle Corporation                                                              2.4%
 7. EMC Corporation                                                                 2.4%                                        l 2.9% Consumer Staples
 8. Google, Class A                                                                 2.4%                                        l 2.3% Financials
 9. Qualcomm                                                                        2.3%                                        l 1.9% Materials
10. TRW Automotive Holdings Corp.                                                   1.8%                                        l 1.2% Telecommunication Services
The Fund’s top 10 investments represent 30.9% of the Fund.                                                                      l 2.5% Cash and Cash Equivalents
Total number of investments: 145


hoW has the Fund perFormed?                                                                  a-class units (%)
                                                                                               15
This section tells you how the Fund has performed since it was changed. Returns are after                                           12.09
                                                                                               10
the expenses have been deducted. These expenses reduce the return on your investments.
                                                                                                5
It’s important to note that the Fund’s past performance is not necessarily indicative of        0
how the Fund will perform in the future. Also, your actual after-tax return will depend        -5
on your personal tax situation.                                                               -10
                                                                                                                                            -9.39
                                                                                              -15
Average Return                                                                                                                       2010    2011

A person who invested $1,000 in the Fund since it was changed (January 15, 2009)
today holds $1,291, which represents an annual compounded rate of return of 8.55%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since it was changed. Out of all of the years
presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low       Low to     Medium        Medium         High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                   Medium                   to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins american equity growth fund (a-Class units)                                                                                                                          fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core American equity fund to the portfolio.                          with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.65% of its value, or $27 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.55%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.10%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.65%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                           DesjarDins ameriCan equity
                                                           growth funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                     Desjardins investments inc.

This document contains key information you should know about the Desjardins American Equity Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    March 23, 2010         Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $3,659,846        Portfolio Subadvisor:           Wellington Management Company, LLP
Management Expense Ratio (MER):                                                 0.00%        Distributions:                  Income: annually/Capital Gains: annually
                                                                                             Minimum Investment:             Units offered to large investors (institutional)
                                                                                                                             who make a required minimum investment
                                                                                                                             determined by the Manager from time to time.


What does the Fund invest in?
The Fund invests primarily in equity and equity-related securities of United States companies and/or units of mutual funds which themselves invest primarily in equity and
equity-related securities of United States companies.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                 Investment Mix (as at February 29, 2012)
 1. Apple Computer                                                               7.6%                                           l 40.9% Information Technology
 2. eBay                                                                         3.5%                                           l 19.6% Consumer Discretionary
 3. Altera Corporation                                                           3.1%                                           l 10.5% Energy
 4. Green Mountain Coffee Roasters                                               2.9%
                                                                                                                                l 9.9% Industrials
 5. Cash and Cash Equivalents                                                    2.5%
                                                                                                                                l 8.3% Health Care
 6. Oracle Corporation                                                           2.4%
 7. EMC Corporation                                                              2.4%                                           l 2.9% Consumer Staples
 8. Google, Class A                                                              2.4%                                           l 2.3% Financials
 9. Qualcomm                                                                     2.3%                                           l 1.9% Materials
10. TRW Automotive Holdings Corp.                                                1.8%                                           l 1.2% Telecommunication Services
The Fund’s top 10 investments represent 30.9% of the Fund.                                                                      l 2.5% Cash and Cash Equivalents
Total number of investments: 145


hoW has the Fund perFormed?                                                                  i-class units (%)
                                                                                              10
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception however            5
of management fees paid to the Manager which may differ from one investor to
                                                                                               0
another as they are negotiated by each one of them directly with the Manager.
It is important to note that the Fund’s past performance is not necessarily indicative of      -5

how the Fund will perform in the future. Also, your actual after-tax return will depend on                                                   -6.81
                                                                                              -10
your personal tax situation.                                                                                                                 2011


Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,231 which represents an annual compounded rate of return of 12.92%, without
however taking into consideration, as explained above, management fees paid
to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins american equity growth fund (i-Class units)                                                                                                                          fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core American equity fund to the portfolio.                          with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.10% of its value, or $1 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.10%
   Fund Expenses                                                                0.10%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.43%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins overseas
                                                              equity value funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                            Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Overseas Equity Value Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      October 26, 1998           Portfolio Manager:                Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $722,138,540            Portfolio Subadvisor:             Aberdeen Asset Management Inc.
Management Expense Ratio (MER):                                                    2.57%           Distributions:                    Income: annually/Capital Gains: annually
                                                                                                   Minimum Investment:               $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The objective of this Fund is to achieve long-term capital appreciation. The Fund’s portfolio consists primarily of equity securities of companies located or operating primarily in
Europe, Australasia and the Far East.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                       geographic net asset allocation
   1. Desjardins Emerging Markets Fund                                                  l 84.5% Equities                                               l 22.8% United Kingdom
      I-Class                                  13.6%                                               20.9% Financials                                    l 13.6% Foreign
   2. British American Tobacco                  4.0%                                               12.6% Consumer                                                         Investment Funds
   3. Vodafone Group                            3.8%                                                       Staples                                     l 13.4% Switzerland
   4. Roche Holding                             3.6%                                               11.7% Industrials                                   l 11.4% Japan
   5. Novartis                                  3.3%                                                9.3% Health Care                                   l 7.9% Singapore
   6. Overseas-Chinese Banking                  3.1%                                                9.1% Energy                                        l 5.2% France
   7. Royal Dutch Shell, Class B                3.0%                                                6.8% Telecommu-                                    l 4.9% Sweden
   8. Standard Chartered                        2.9%                                                       nication Services                           l 3.5% Canada
   9. Nestlé                                    2.9%                                                5.3% Materials                                     l 2.9% Bermuda
 10. Dairy Farm International Holdings          2.9%                                                5.1% Information                                   l 2.7% Luxembourg
                                                                                                           Technology                                  l 2.6% Italy
 The Fund’s top 10 investments represent                                                                                                               l 2.6% Hong Kong
 43.1% of the Fund.                                                                                 3.7% Utilities
                                                                                        l   13.6% Foreign                                              l 2.2% Australia
 Total number of investments: 46                                                                  Investment Funds                                     l 2.4% Other Countries*
                                                                                        l    1.9% Cash and Cash                                        l 1.9% Cash and Cash
                                                                                                  Equivalents                                                             Equivalents
                                                                                                                                                       * This category includes all countries representing
                                                                                                                                                         less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                        a-class units (%)
                                                                                                    50
This section tells you how the Fund has performed since it was merged. Returns are after
                                                                                                                                   26.35
the expenses have been deducted. These expenses reduce the return on your investments.                                  12.29                                9.36
It’s important to note that the Fund’s past performance is not necessarily indicative of             0
how the Fund will perform in the future. Also, your actual after-tax return will depend                                                    -9.99
                                                                                                                                                                         -2.73       -4.12
on your personal tax situation.
                                                                                                                                                   -37.41
                                                                                                   -50
Average Return                                                                                                             2005     2006    2007    2008      2009        2010       2011

A person who invested $1,000 in the Fund since it was merged (January 12, 2004)
today holds $976, which represents an annual compounded rate of return of -0.30%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since it was merged. Out of all of the
years presented, there are four years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                           Low        Low to        Medium      Medium           High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                         Medium                    to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins overseas equity value fund (a-Class units)                                                                                                                           fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core international equity fund to the portfolio.                     with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.80% of its value, or $28 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses.                                                                    2.57%                   by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.23%                   The rate of the commission is a maximum of 1% of the annual value of your
   Fund Expenses                                                                2.80%                   investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins overseas
                                                            equity value funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                        Desjardins investments inc.

This document contains key information you should know about the Desjardins Overseas Equity Value Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                     March 23, 2010           Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $3,192,357           Portfolio Subadvisor:           Aberdeen Asset Management Inc.
Management Expense Ratio (MER):                                                  0.00%          Distributions:                  Income: annually/Capital Gains: annually
                                                                                                Minimum Investment:             Units offered to large investors (institutional)
                                                                                                                                who make a required minimum investment
                                                                                                                                determined by the Manager from time to time.


What does the Fund invest in?
The objective of this Fund is to achieve long-term capital appreciation. The Fund’s portfolio consists primarily of equity securities of companies located or operating primarily in
Europe, Australasia and the Far East.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                   geographic net asset allocation
   1. Desjardins Emerging Markets Fund                                             l     84.5% Equities                                             l 22.8% United Kingdom
      I-Class                                 13.6%                                             20.9% Financials                                    l 13.6% Foreign
   2. British American Tobacco                 4.0%                                             12.6% Consumer                                                         Investment Funds
   3. Vodafone Group                           3.8%                                                     Staples                                     l 13.4% Switzerland
   4. Roche Holding                            3.6%                                             11.7% Industrials                                   l 11.4% Japan
   5. Novartis                                 3.3%                                              9.3% Health Care                                   l 7.9% Singapore
   6. Overseas-Chinese Banking                 3.1%                                              9.1% Energy                                        l 5.2% France
   7. Royal Dutch Shell, Class B               3.0%                                              6.8% Telecommu-                                    l 4.9% Sweden
   8. Standard Chartered                       2.9%                                                     nication                                    l 3.5% Canada
   9. Nestlé                                   2.9%                                                     Services                                    l 2.9% Bermuda
 10. Dairy Farm International Holdings         2.9%                                              5.3% Materials                                     l 2.7% Luxembourg
                                                                                                 5.1% Information                                   l 2.6% Italy
 The Fund’s top 10 investments represent                                                                Technology                                  l 2.6% Hong Kong
 43.1% of the Fund.
                                                                                                 3.7% Utilities                                     l 2.2% Australia
 Total number of investments: 46                                                   l     13.6% Foreign                                              l 2.4% Other Countries*
                                                                                               Investment Funds                                     l 1.9% Cash and Cash
                                                                                   l      1.9% Cash and Cash                                                           Equivalents
                                                                                               Equivalents                                          * This category includes all countries representing
                                                                                                                                                      less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                     i-class units (%)
                                                                                                 3
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception
however of management fees paid to the Manager which may differ from one
                                                                                                 0
investor to another as they are negotiated by each one of them directly with
the Manager.
                                                                                                                                                -1.50
It is important to note that the Fund’s past performance is not necessarily indicative           -3
of how the Fund will perform in the future. Also, your actual after-tax return will                                                              2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,193 which represents an annual compounded rate of return of 10.90%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins overseas equity value fund (i-Class units)                                                                                                                           fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core international equity fund to the portfolio.                     with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.23% of its value, or $2 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.23%
   Fund Expenses                                                                0.23%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.46%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins overseas equity
                                                            growth funD (a-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                       Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Overseas Equity Growth Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                     March 23, 2010              Portfolio Manager:          Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $257,226,187               Portfolio Subadvisor:       Baillie Gifford Overseas Limited
Management Expense Ratio (MER):                                                 2.64%              Distributions:              Income: annually/Capital Gains: annually
                                                                                                   Minimum Investment:         $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The objective of this Fund is to achieve long-term capital appreciation. The Fund invests primarily in equity and equity-related securities of companies located or operating
outside of Canada and the United States. The Fund may also invest in equity and equity-related securities of companies located or operating in emerging markets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                   geographic net asset allocation
   1. Baidu, ADR                               5.2%                                l       19.6%   Industrials                                    l      21.0%       United Kingdom
   2. Atlas Copco, A Shares                    3.8%                                l       18.0%   Information Technology                         l      10.3%       Japan
   3. BHP Billiton                             2.9%                                l       17.2%   Consumer Discretionary                         l       8.3%       Sweden
   4. Pinault-Printemps-Redoute                2.9%                                l       16.1%   Financials                                     l       7.9%       Switzerland
   5. Standard Chartered                       2.8%                                l        9.4%   Materials                                      l       7.8%       Cayman Islands
   6. Tencent Holdings                         2.7%                                l        7.2%   Consumer Staples                               l       6.5%       Australia
   7. Rakuten                                  2.6%                                l        5.1%   Energy                                         l       6.1%       France
   8. Compagnie Financière Richemont           2.6%                                l        5.1%   Health Care                                    l       6.0%       Germany
      Class A                                                                               0.5%   Utilities                                      l       4.5%       Spain
                                                                                   l
   9. Industria de Diseno Textil               2.5%                                         1.8%   Cash and Cash                                  l       3.3%       Brazil
                                                                                   l
 10. British American Tobacco                  2.4%                                                Equivalents                                    l       3.3%       Denmark
 The Fund’s top 10 investments represent                                                                                                          l       3.1%       Hong Kong
 30.4% of the Fund.                                                                                                                               l       2.0%       South Korea
 Total number of investments: 71                                                                                                                  l       8.1%       Other Countries*
                                                                                                                                                  l       1.8%       Cash and Cash
                                                                                                                                                                     Equivalents
                                                                                                                                                  * This category includes all countries representing
                                                                                                                                                    less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                        a-class units (%)
                                                                                                    0
Average Return
This section tells you how the Fund has performed since its inception. Returns are                  -5

after the expenses have been deducted. These expenses reduce the return on
your investments.                                                                                  -10
                                                                                                                                              -10,72
It’s important to note that the Fund’s past performance is not necessarily indicative of
                                                                                                   -15
how the Fund will perform in the future. Also, your actual after-tax return will depend                                                        2011
on your personal tax situation.
Average Return
A person who invested $1,000 in the Fund since its inception today holds $1,124,
which represents an annual compounded rate of return of 6.74%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins overseas equity growth fund (a-Class units)                                                                                                                          fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                     Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                            Medium                     to High
  the specific risks of this Fund, see the Fund’s simplified prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core international equity fund to the portfolio.                     with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.70% of its value, or $27 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.64%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.06%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.70%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins overseas equity
                                                            growth funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                       Desjardins investments inc.

This document contains key information you should know about the Desjardins Overseas Equity Growth Fund. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                     March 23, 2010            Portfolio Manager:            Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $23,494,830            Portfolio Subadvisor:         Baillie Gifford Overseas Limited
Management Expense Ratio (MER):                                                 0.00%            Distributions:                Income: annually/Capital Gains: annually
                                                                                                 Minimum Investment:           Units offered to large investors (institutional)
                                                                                                                               who make a required minimum investment
                                                                                                                               determined by the Manager from time to time.


What does the Fund invest in?
The objective of this Fund is to achieve long-term capital appreciation. The Fund invests primarily in equity and equity-related securities of companies located or operating
outside of Canada and the United States. The Fund may also invest in equity and equity-related securities of companies located or operating in emerging markets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                  geographic net asset allocation
   1. Baidu, ADR                               5.2%                                l     19.6%   Industrials                                      l      21.0%       United Kingdom
   2. Atlas Copco, A Shares                    3.8%                                l     18.0%   Information Technology                           l      10.3%       Japan
   3. BHP Billiton                             2.9%                                l     17.2%   Consumer Discretionary                           l       8.3%       Sweden
   4. Pinault-Printemps-Redoute                2.9%                                l     16.1%   Financials                                       l       7.9%       Switzerland
   5. Standard Chartered                       2.8%                                l      9.4%   Materials                                        l       7.8%       Cayman Islands
   6. Tencent Holdings                         2.7%                                l      7.2%   Consumer Staples                                 l       6.5%       Australia
   7. Rakuten                                  2.6%                                l      5.1%   Energy                                           l       6.1%       France
   8. Compagnie Financière Richemont           2.6%                                l      5.1%   Health Care                                      l       6.0%       Germany
      Class A                                                                             0.5%   Utilities                                        l       4.5%       Spain
                                                                                   l
   9. Industria de Diseno Textil               2.5%                                       1.8%   Cash and Cash                                    l       3.3%       Brazil
                                                                                   l
 10. British American Tobacco                  2.4%                                              Equivalents                                      l       3.3%       Denmark
 The Fund’s top 10 investments represent                                                                                                          l       3.1%       Hong Kong
 30.4% of the Fund.                                                                                                                               l       2.0%       South Korea
 Total number of investments: 71                                                                                                                  l       8.1%       Other Countries*
                                                                                                                                                  l       1.8%       Cash and Cash
                                                                                                                                                                     Equivalents
                                                                                                                                                  * This category includes all countries representing
                                                                                                                                                    less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                      i-class units (%)
                                                                                                  0
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception
however of management fees paid to the Manager which may differ from one
                                                                                                  -5
investor to another as they are negotiated by each one of them directly with
the Manager.
                                                                                                                                               -8,10
It is important to note that the Fund’s past performance is not necessarily indicative           -10
of how the Fund will perform in the future. Also, your actual after-tax return will                                                            2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,202 which represents an annual compounded rate of return of 11.37%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins overseas equity growth fund (i-Class units)                                                                                                                          fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core international equity fund to the portfolio.                     with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.06% of its value, or $1 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.06%
   Fund Expenses                                                                0.06%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.51%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins global DiviDenD funD
                                                              (a-Class units) (formerly Desjardins global equity value fund)
                                                              fund facts as at march 28, 2012



                                                                                                                                                    Desjardins investments inc.
                                                                                                                                   fédération des caisses Desjardins du québec

This document contains key information you should know about the Desjardins Global Dividend Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   November 12, 1959            Portfolio Manager:                Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $162,278,327           Portfolio Subadvisor:             Epoch Investment Partners, Inc.
Management Expense Ratio (MER):                                                    2.48%          Distributions:                    Income: annually/Capital Gains: annually
                                                                                                  Minimum Investment:               $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
This is a growth Fund whose portfolio consists primarily of equity and equity-related securities of companies operating all over the world, including emerging markets, where
deemed appropriate.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                      geographic net asset allocation
   1. Cash and Cash Equivalents                  6.2%                                   l 18.2% Consumer Staples                                       l 46.2% United States
   2. Imperial Tobacco Group                     2.0%                                   l 14.2% Telecommunication                                      l 19.1% United Kingdom
   3. BCE                                        1.8%                                              Services                                            l 7.1% France
   4. Vodafone Group                             1.7%                                   l 11.3% Utilities                                              l 5.2% Germany
   5. Pearson                                    1.7%                                   l 10.8% Consumer Discretionary                                 l 4.6% Switzerland
   6. Nestlé                                     1.6%                                   l 9.2% Industrials                                             l 3.3% Canada
   7. Vivendi Universal                          1.5%                                   l 9.2% Energy                                                  l 8.3% Other Countries*
   8. CenturyLink                                1.5%                                   l 7.2% Health Care                                             l 6.2% Cash and Cash
   9. Anheuser-Busch InBev                       1.5%                                   l 5.1% Financials                                                                 Equivalents
 10. Daimler AG                                  1.5%                                   l 4.8% Information Technology                                  *This category includes all countries representing
 The Fund’s top 10 investments represent                                                l 3.8% Materials                                                less than 2% of the Fund’s asset value.
 21.0% of the Fund.                                                                     l 6.2% Cash and Cash
 Total number of investments: 103                                                                  Equivalents




hoW has the Fund perFormed?                                                                       a-class units (%)
                                                                                                   50
This section tells you how the Fund has performed for the past ten years. Returns
                                                                                                                                           25.08
are after the expenses have been deducted. These expenses reduce the return on                     25
                                                                                                                   7.79   6.02     5.76                                   9.36
your investments.                                                                                                                                                                    0.43        0.73
                                                                                                    0
It’s important to note that the Fund’s past performance is not necessarily indicative
                                                                                                         -16.31                                    -15.29
of how the Fund will perform in the future. Also, your actual after-tax return will                -25

depend on your personal tax situation.                                                             -50
                                                                                                                                                             -38.83
                                                                                                          2002     2003   2004     2005    2006     2007      2008        2009        2010        2011
Average Return
A person who invested $1,000 in the Fund ten years ago today holds $743, which
represents an annual compounded rate of return of -2.93%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return for the past ten years. Out of all the years
presented, there are three years in which the Fund’s value decreased.


hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                           Low       Low to        Medium      Medium            High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                        Medium                    to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins global Dividend fund (a-Class units) (formerly Desjardins global equity value fund)                                                                                  fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation while optimizing the benefits of complete geographic diversification.                    with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.73% of its value, or $27 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.48%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.25%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.73%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins global DiviDenD funD
                                                            (i-Class units) (formerly Desjardins global equity value fund)
                                                            fund facts as at march 28, 2012



                                                                                                                                                      Desjardins investments inc.

This document contains key information you should know about the Desjardins Global Dividend Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   January 25, 2008           Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $88,943,403           Portfolio Subadvisor:        Epoch Investment Partners, Inc.
                                                                                                Distributions:               Income: annually/Capital Gains: annually
Management Expense Ratio (MER):                                                 0.00%           Minimum Investment:          Units offered to large investors (institutional)
                                                                                                                             who make a required minimum investment
                                                                                                                             determined by the Manager from time to time.


What does the Fund invest in?
This is a growth Fund whose portfolio consists primarily of equity and equity-related securities of companies operating all over the world, including emerging markets, where
deemed appropriate.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                geographic net asset allocation
   1. Cash and Cash Equivalents                6.2%                                l     18.2% Consumer Staples                                    l 46.2% United States
   2. Imperial Tobacco Group                   2.0%                                l     14.2% Telecommunication                                   l 19.1% United Kingdom
   3. BCE                                      1.8%                                            Services                                            l 7.1% France
   4. Vodafone Group                           1.7%                                l     11.3% Utilities                                           l 5.2% Germany
   5. Pearson                                  1.7%                                l     10.8% Consumer Discretionary                              l 4.6% Switzerland
   6. Nestlé                                   1.6%                                l      9.2% Industrials                                         l 3.3% Canada
   7. Vivendi Universal                        1.5%                                l      9.2% Energy                                              l 8.3% Other Countries*
   8. CenturyLink                              1.5%                                l      7.2% Health Care                                         l 6.2% Cash and Cash
   9. Anheuser-Busch InBev                     1.5%                                l      5.1% Financials                                                             Equivalents
 10. Daimler AG                                1.5%                                l      4.8% Information Technology                              *This category includes all countries representing
 The Fund’s top 10 investments represent                                           l      3.8% Materials                                            less than 2% of the Fund’s asset value.
 21.0% of the Fund.                                                                l      6.2% Cash and Cash
 Total number of investments: 103                                                              Equivalents



hoW has the Fund perFormed?                                                                     i-class units (%)
                                                                                                3
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception                                                                 2.13
                                                                                                2
however of management fees paid to the Manager which may differ from one
investor to another as they are negotiated by each one of them directly with
                                                                                                1
the Manager.
It is important to note that the Fund’s past performance is not necessarily indicative          0
of how the Fund will perform in the future. Also, your actual after-tax return will                                                         2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,157 which represents an annual compounded rate of return of 9.55%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.
Desjardins global Dividend fund (i-Class units) (formerly Desjardins global equity value fund)                                                                                  fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation while optimizing the benefits of complete geographic diversification.                    with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.25% of its value, or $3 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.25%
   Fund Expenses                                                                0.25%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.36%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.

  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins global DiviDenD funD
                                                              (t-Class units) (formerly Desjardins global equity value fund)
                                                              fund facts as at march 28, 2012



                                                                                                                                                             Desjardins investments inc.

This document contains key information you should know about the Desjardins Global Dividend Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                     December 1, 2004           Portfolio Manager:                Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                           $22,093,386           Portfolio Subadvisor:             Epoch Investment Partners, Inc.
Management Expense Ratio (MER):                                                    2.48%          Distributions:                    Income and return of capital: monthly (each month,
                                                                                                                                    last working Friday)/Capital Gains: annually
                                                                                                  Minimum Investment:               $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
This is a growth Fund whose portfolio consists primarily of equity and equity-related securities of companies operating all over the world, including emerging markets, where
deemed appropriate.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                      geographic net asset allocation
   1. Cash and Cash Equivalents                  6.2%                                   l 18.2% Consumer Staples                                        l 46.2% United States
   2. Imperial Tobacco Group                     2.0%                                   l 14.2% Telecommunication                                       l 19.1% United Kingdom
   3. BCE                                        1.8%                                              Services                                             l 7.1% France
   4. Vodafone Group                             1.7%                                   l 11.3% Utilities                                               l 5.2% Germany
   5. Pearson                                    1.7%                                   l 10.8% Consumer Discretionary                                  l 4.6% Switzerland
   6. Nestlé                                     1.6%                                   l 9.2% Industrials                                              l 3.3% Canada
   7. Vivendi Universal                          1.5%                                   l 9.2% Energy                                                   l 8.3% Other Countries*
   8. CenturyLink                                1.5%                                   l 7.2% Health Care                                              l 6.2% Cash and Cash
   9. Anheuser-Busch InBev                       1.5%                                   l 5.1% Financials                                                                  Equivalents
 10. Daimler AG                                  1.5%                                   l 4.8% Information Technology                                   *This category includes all countries representing
 The Fund’s top 10 investments represent                                                l 3.8% Materials                                                 less than 2% of the Fund’s asset value.
 21.0% of the Fund.                                                                     l 6.2% Cash and Cash
 Total number of investments: 103                                                                  Equivalents




hoW has the Fund perFormed?                                                                       t-class units (%)
                                                                                                   50
This section tells you how the Fund has performed since its inception. Returns are
                                                                                                                                   24.87
after the expenses have been deducted. These expenses reduce the return on                         25
                                                                                                                          5.78                                 9.11
your investments.                                                                                                                                                          0.35       0.73
                                                                                                    0
It’s important to note that the Fund’s past performance is not necessarily indicative
                                                                                                                                           -15.20
of how the Fund will perform in the future. Also, your actual after-tax return will               -25

depend on your personal tax situation.                                                            -50
                                                                                                                                                    -38.59
                                                                                                                          2005     2006     2007     2008      2009        2010        2011
Average Return
A person who invested $1,000 in the Fund since its inception (December 1, 2004)
today holds $777, which represents an annual compounded rate of return of -3.43%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since the inception. Out of all the years
presented, there are two years in which the Fund’s value decreased.


hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                          Low        Low to        Medium       Medium            High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                        Medium                     to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins global Dividend fund (t-Class units) (formerly Desjardins global equity value fund)                                                                                  fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation while optimizing the benefits of complete geographic diversification. T-Class            with your other investments and your tolerance for risk.
  Units are not eligible for registered plans. These units are therefore unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.73% of its value, or $27 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.48%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.25%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.73%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins global
                                                              all Cap equity funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                        Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Global All Cap Equity Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 25, 1999            Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $124,635,399             Portfolio Subadvisor:        Aberdeen Asset Management Inc.
Management Expense Ratio (MER):                                                    2.54%            Distributions:               Income: annually/Capital Gains: annually
                                                                                                    Minimum Investment:          $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in a diversified portfolio of equity securities of foreign and Canadian companies.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                   geographic net asset allocation
   1. Cash and Cash Equivalents                  6.1%                                   l   18.2%   Consumer Staples                                l 21.8% United States
   2. Taiwan Semiconductor Manufacturing                                                l   17.9%   Financials                                      l 17.9% United Kingdom
      Company, ADR                               3.9%                                   l   14.2%   Energy                                          l 11.9% Switzerland
   3. Philip Morris International                3.9%                                   l   11.7%   Information Technology                          l 6.3% Japan
   4. Vodafone Group                             3.7%                                   l   11.2%   Health Care                                     l 5.0% Brazil
   5. Roche Holding                              3.6%                                        9.0%   Industrials
                                                                                        l                                                           l 4.9% Sweden
   6. British American Tobacco                   3.4%                                        5.3%   Telecommunication
                                                                                        l                                                           l 3.9% Taiwan
   7. Johnson & Johnson                          3.3%                                               Services
   8. Standard Chartered                         3.2%                                                                                               l 3.5% Hong Kong
                                                                                        l   3.4%    Materials                                       l 2.9% Canada
   9. Banco Bradesco, ADR                        3.0%                                       2.0%    Utilities
                                                                                        l                                                           l 2.6% Luxembourg
 10. Royal Dutch Shell, Class B                  2.9%                                       1.0%    Consumer Discretionary
                                                                                        l                                                           l 2.5% South Korea
 The Fund’s top 10 investments represent                                                l   6.1%    Cash and Cash                                   l 2.5% Italy
 37.0% of the Fund.                                                                                 Equivalents
                                                                                                                                                    l 8.2% Other Countries*
 Total number of investments: 47                                                                                                                    l 6.1% Cash and Cash
                                                                                                                                                                       Equivalents
                                                                                                                                                    * This category includes all countries representing
                                                                                                                                                      less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                         a-class units (%)
                                                                                                    20
This section tells you how the Fund has performed since it was changed. Returns are after                                              14.72
the expenses have been deducted. These expenses reduce the return on your investments.
                                                                                                    10
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                        4.38
how the Fund will perform in the future. Also, your actual after-tax return will depend on           0
your personal tax situation.                                                                                                                               -0.52

                                                                                                    -10
Average Return                                                                                                                          2009     2010      2011

A person who invested $1,000 in the Fund since it was changed (January 18, 2008)
today holds $970, which represents an annual compounded rate of return of -0.73%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since it was changed. Out of all of the years
presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                            Low        Low to   Medium      Medium            High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                          Medium               to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins global all Cap equity fund (a-Class units)                                                                                                                           fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation while optimizing the benefits of complete geographic diversification.                    with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.61% of its value, or $26 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.54%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.07%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.61%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                           DesjarDins global
                                                           all Cap equity funD (i-Class units)
                                                           fund facts as at march 28, 2012



                                                                                                                                                  Desjardins investments inc.

This document contains key information you should know about the Desjardins Global All Cap Equity Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    March 23, 2010           Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $61,873,123           Portfolio Subadvisor:        Aberdeen Asset Management Inc.
Management Expense Ratio (MER):                                                0.00%           Distributions:               Income: annually/Capital Gains: annually
                                                                                               Minimum Investment:          Units offered to large investors (institutional)
                                                                                                                            who make a required minimum investment
                                                                                                                            determined by the Manager from time to time.


What does the Fund invest in?
The Fund invests primarily in a diversified portfolio of equity securities of foreign and Canadian companies.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                       Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                sectorial net asset allocation                                 geographic net asset allocation
   1. Cash and Cash Equivalents               6.1%                                l    18.2%   Consumer Staples                                l 21.8% United States
   2. Taiwan Semiconductor Manufacturing                                          l    17.9%   Financials                                      l 17.9% United Kingdom
      Company, ADR                            3.9%                                l    14.2%   Energy                                          l 11.9% Switzerland
   3. Philip Morris International             3.9%                                l    11.7%   Information Technology                          l 6.3% Japan
   4. Vodafone Group                          3.7%                                l    11.2%   Health Care                                     l 5.0% Brazil
   5. Roche Holding                           3.6%                                      9.0%   Industrials
                                                                                  l                                                            l 4.9% Sweden
   6. British American Tobacco                3.4%                                      5.3%   Telecommunication
                                                                                  l                                                            l 3.9% Taiwan
   7. Johnson & Johnson                       3.3%                                             Services
   8. Standard Chartered                      3.2%                                                                                             l 3.5% Hong Kong
                                                                                  l    3.4%    Materials                                       l 2.9% Canada
   9. Banco Bradesco, ADR                     3.0%                                     2.0%    Utilities
                                                                                  l                                                            l 2.6% Luxembourg
 10. Royal Dutch Shell, Class B               2.9%                                     1.0%    Consumer Discretionary
                                                                                  l                                                            l 2.5% South Korea
 The Fund’s top 10 investments represent                                          l    6.1%    Cash and Cash                                   l 2.5% Italy
 37.0% of the Fund.                                                                            Equivalents
                                                                                                                                               l 8.2% Other Countries*
 Total number of investments: 47                                                                                                               l 6.1% Cash and Cash
                                                                                                                                                                  Equivalents
                                                                                                                                               * This category includes all countries representing
                                                                                                                                                 less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?
Please note that the Fund has no I-Class Units outstanding since more than a year.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                 Low          Low to   Medium      Medium            High
Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description                             Medium               to High
of the specific risks of this Fund, see the Fund’s Simplified Prospectus.
Desjardins global all Cap equity fund (i-Class units)                                                                                                                           fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation while optimizing the benefits of complete geographic diversification.                    with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, the Fund has no outstanding I-Class Units.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                            N/A
                                                                                                        Not applicable, since the Fund has no outstanding I-Class Units as at
   Fund Expenses                                                                  N/A                   September 30, 2011.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.42%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins global
                                                              all Cap equity funD (t-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                        Desjardins investments inc.

This document contains key information you should know about the Desjardins Global All Cap Equity Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 25, 2008            Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                             $6,300,261            Portfolio Subadvisor:        Aberdeen Asset Management Inc.
Management Expense Ratio (MER):                                                    2.54%            Distributions:               Income and return of capital: monthly (each month,
                                                                                                                                 last working Friday)/Capital Gains: annually
                                                                                                    Minimum Investment:          $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in a diversified portfolio of equity securities of foreign and Canadian companies.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                   geographic net asset allocation
   1. Cash and Cash Equivalents                  6.1%                                   l   18.2%   Consumer Staples                                l 21.8% United States
   2. Taiwan Semiconductor Manufacturing                                                l   17.9%   Financials                                      l 17.9% United Kingdom
      Company, ADR                               3.9%                                   l   14.2%   Energy                                          l 11.9% Switzerland
   3. Philip Morris International                3.9%                                   l   11.7%   Information Technology                          l 6.3% Japan
   4. Vodafone Group                             3.7%                                   l   11.2%   Health Care                                     l 5.0% Brazil
   5. Roche Holding                              3.6%                                        9.0%   Industrials
                                                                                        l                                                           l 4.9% Sweden
   6. British American Tobacco                   3.4%                                        5.3%   Telecommunication
                                                                                        l                                                           l 3.9% Taiwan
   7. Johnson & Johnson                          3.3%                                               Services
   8. Standard Chartered                         3.2%                                                                                               l 3.5% Hong Kong
                                                                                        l   3.4%    Materials                                       l 2.9% Canada
   9. Banco Bradesco, ADR                        3.0%                                       2.0%    Utilities
                                                                                        l                                                           l 2.6% Luxembourg
 10. Royal Dutch Shell, Class B                  2.9%                                       1.0%    Consumer Discretionary
                                                                                        l                                                           l 2.5% South Korea
 The Fund’s top 10 investments represent                                                l   6.1%    Cash and Cash                                   l 2.5% Italy
 37.0% of the Fund.                                                                                 Equivalents
                                                                                                                                                    l 8.2% Other Countries*
 Total number of investments: 47                                                                                                                    l 6.1% Cash and Cash
                                                                                                                                                                       Equivalents
                                                                                                                                                    * This category includes all countries representing
                                                                                                                                                      less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                         t-class units (%)
                                                                                                    20
This section tells you how the Fund has performed since its inception. Returns are after                                               14.36
the expenses have been deducted. These expenses reduce the return on your investments.
                                                                                                    10
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                        4.12
how the Fund will perform in the future. Also, your actual after-tax return will depend on           0
your personal tax situation.                                                                                                                               -0.42

                                                                                                    -10
Average Return                                                                                                                          2009     2010       2011

A person who invested $1,000 in the Fund since its inception (January 25, 2008) today
holds $996, which represents an annual compounded rate of return of -0.09%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since the inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                            Low        Low to   Medium      Medium            High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                          Medium               to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins global all Cap equity fund (t-Class units)                                                                                                                           fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk and who is looking for long-term capital            ! Before you invest in any fund, you should consider how it would work
  appreciation while optimizing the benefits of complete geographic diversification. T-Class            with your other investments and your tolerance for risk.
  Units are not eligible for registered plans. These units are therefore unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.61% of its value, or $26 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.54%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.07%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.61%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             DesjarDins global
                                                             small Cap equity funD (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                        Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Global Small Cap Equity Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    January 12, 2004              Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $177,666,998               Portfolio Subadvisors:       Lazard Asset Management LLC and GlobeFlex
                                                                                                                                 Capital, L.P.
Management Expense Ratio (MER):                                                  2.52%
                                                                                                    Distributions:               Income: annually/Capital Gains: annually
                                                                                                    Minimum Investment:          $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund invests primarily in a diversified portfolio of securities of small capitalization foreign and Canadian companies.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                     geographic net asset allocation
   1. Cash and Cash Equivalents                 4.8%                                l       24.1%    Industrials                                   l 51.4% United States
   2. Diploma                                   1.1%                                l       15.0%    Financials                                    l 8.8% Japan
   3. Towers Watson & Co, Class A               1.0%                                l       15.0%    Consumer Discretionary                        l 8.0% United Kingdom
   4. Ain Pharmaciez                            1.0%                                l       11.8%    Information Technology                        l 6.6% Canada
   5. Bally Technologies                        0.9%                                l       10.1%    Health Care                                   l 2.8% Germany
   6. ON Semiconductor                          0.9%                                l        6.0%    Materials                                     l 2.5% Sweden
   7. Intrum Justitia                           0.9%                                l        4.9%    Energy                                        l 2.1% Australia
   8. Mednax                                    0.9%                                         4.6%Consumer Staples
                                                                                    l                                                              l 13.0% Other Countries*
   9. Elekta, B Shares                          0.9%                                         2.6%Utilities
                                                                                    l                                                              l 4.8% Cash and Cash
 10. B/E Aerospace                              0.8%                                                                                                                  Equivalents
                                                                                    l        1.1%Telecommunication
 The Fund’s top 10 investments represent                                                         Services                                          * This category includes all countries representing
 13.2% of the Fund.                                                                 l       4.8% Cash and Cash                                       less than 2% of the Fund’s asset value.
 Total number of investments: 268                                                                Equivalents



hoW has the Fund perFormed?                                                                         a-class units (%)
This section tells you how the Fund has performed since it was changed. Returns are after            20                                 16.60   17.12

the expenses have been deducted. These expenses reduce the return on your investments.               10

It’s important to note that the Fund’s past performance is not necessarily indicative of              0
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.                                                                     -10
                                                                                                                                                          - 9.54
                                                                                                    -20
Average Return                                                                                                                           2009    2010      2011

A person who invested $1,000 in the Fund since it was changed (January 18, 2008)
today holds $901, which represents an annual compounded rate of return of -2.50%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since it was changed. Out of all of the
years presented, there is one year in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                        Low        Low to   Medium      Medium           High
Desjardins Investments Inc. has rated this Fund’s risk as medium to high. For a                                      Medium               to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins global small Cap equity fund (a-Class units)                                                                                                                         fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium to high tolerance for risk, who is looking for long-term               ! Before you invest in any fund, you should consider how it would work
  capital appreciation and wishes to add a global small cap equity fund to the portfolio.               with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.75% of its value, or $28 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.52%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.23%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.75%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                           DesjarDins global
                                                           small Cap equity funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                     Desjardins investments inc.

This document contains key information you should know about the Desjardins Global Small Cap Equity Fund. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                     March 23, 2010            Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $41,860,625            Portfolio Subadvisors:       Lazard Asset Management LLC and GlobeFlex
                                                                                                                              Capital, L.P.
Management Expense Ratio (MER):                                                 0.00%
                                                                                                 Distributions:               Income: annually/Capital Gains: annually
                                                                                                 Minimum Investment:          Units offered to large investors (institutional)
                                                                                                                              who make a required minimum investment
                                                                                                                              determined by the Manager from time to time.


What does the Fund invest in?
The Fund invests primarily in a diversified portfolio of securities of small capitalization foreign and Canadian companies.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                  geographic net asset allocation
   1. Cash and Cash Equivalents                4.8%                                l     24.1%    Industrials                                    l 51.4% United States
   2. Diploma                                  1.1%                                l     15.0%    Financials                                     l 8.8% Japan
   3. Towers Watson & Co, Class A              1.0%                                l     15.0%    Consumer Discretionary                         l 8.0% United Kingdom
   4. Ain Pharmaciez                           1.0%                                l     11.8%    Information Technology                         l 6.6% Canada
   5. Bally Technologies                       0.9%                                l     10.1%    Health Care                                    l 2.8% Germany
   6. ON Semiconductor                         0.9%                                l      6.0%    Materials                                      l 2.5% Sweden
   7. Intrum Justitia                          0.9%                                l      4.9%    Energy                                         l 2.1% Australia
   8. Mednax                                   0.9%                                       4.6%Consumer Staples
                                                                                   l                                                             l 13.0% Other Countries*
   9. Elekta, B Shares                         0.9%                                       2.6%Utilities
                                                                                   l                                                             l 4.8% Cash and Cash
 10. B/E Aerospace                             0.8%                                                                                                                 Equivalents
                                                                                   l      1.1%Telecommunication
 The Fund’s top 10 investments represent                                                      Services                                           * This category includes all countries representing
 13.2% of the Fund.                                                                l     4.8% Cash and Cash                                        less than 2% of the Fund’s asset value.
 Total number of investments: 268                                                             Equivalents



hoW has the Fund perFormed?                                                                      i-class units (%)
                                                                                                 0
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception
however of management fees paid to the Manager which may differ from one
                                                                                                 -4
investor to another as they are negotiated by each one of them directly with
the Manager.
It is important to note that the Fund’s past performance is not necessarily indicative           -8
                                                                                                                                             -7.01
of how the Fund will perform in the future. Also, your actual after-tax return will                                                           2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,209 which represents an annual compounded rate of return of 11.77%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins global small Cap equity fund (i-Class units)                                                                                                                         fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium to high. For a                                        Medium                     to High
  description of the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium to high tolerance for risk, who is looking for long-term               ! Before you invest in any fund, you should consider how it would work
  capital appreciation and wishes to add a global small cap equity fund to the portfolio.               with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.23% of its value, or $2 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.23%
   Fund Expenses                                                                0.23%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.40%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins emerging
                                                              markets funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                           Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Emerging Markets Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                       January 17, 2007             Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                            $68,727,525              Portfolio Subadvisor:        Aberdeen Asset Management Inc.
Management Expense Ratio (MER):                                                     2.84%             Distributions:               Income: annually/Capital Gains: annually
                                                                                                      Minimum Investment:          $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The investment objective of this Fund is to achieve long-term capital appreciation. The Fund’s portfolio consists primarily of shares of foreign corporations in emerging markets
selected from all sectors of the economy as well as emerging markets exchange-traded funds.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                     geographic net asset allocation
   1.   Cash and Cash Equivalents                5.1%                                 l 32.0% Financials                                              l 17.9% Brazil
   2.   Vale                                     4.0%                                 l 15.7% Energy                                                  l 12.1% India
   3.   Samsung Electronics                      4.0%                                 l 10.0% Information Technology                                  l 10.6% Hong Kong
   4.   China Mobile                             4.0%                                 l 9.9% Consumer Staples                                         l 6.6% Mexico
   5.   Taiwan Semiconductor                                                          l 9.9% Consumer Discretionary                                   l 5.3% South Korea
        Manufacturing Company                    3.5%                                                                                                 l 5.1% Turkey
                                                                                      l 6.0% Telecommunication
   6.   Petroleo Brasileiro, ADR                 3.3%                                                 Services                                        l 5.1% Thailand
   7.   Banco Bradesco, ADR                      3.3%                                 l        5.7%   Materials                                       l 4.7% Taiwan
   8.   PetroChina Company, Class H              2.9%                                 l        3.1%   Industrials                                     l 3.8% South Africa
   9.   Fomento Economico Mexicano, ADR          2.8%                                 l        2.6%   Health Care                                     l 3.7% United Kingdom
 10.    Ultrapar Participacoes                   2.8%                                 l        5.1%   Cash and Cash                                   l 2.9% China
 The Fund’s top 10 investments represent                                                              Equivalents                                     l 2.8% Indonesia
 35.7% of the Fund.                                                                                                                                   l 2.6% Russia
 Total number of investments: 60                                                                                                                      l 2.3% Philippines
                                                                                                                                                      l 2.2% Malaysia
                                                                                                                                                      l 7.2% Other Countries*
                                                                                                                                                      l 5.1% Cash and Cash
                                                                                                                                                                         Equivalents
                                                                                                                                                      * This category includes all countries representing
                                                                                                                                                        less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                           a-class units (%)
                                                                                                      100
This section tells you how the Fund has performed since its inception. Returns are after the
expenses have been deducted. These expenses reduce the return on your investments.                                                         48.59
                                                                                                       50
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                           18.66
how the Fund will perform in the future. Also, your actual after-tax return will depend                 0
on your personal tax situation.                                                                                                                             -10.50
                                                                                                                                  -30.15
                                                                                                      -50
Average Return                                                                                                                     2008    2009    2010       2011

A person who invested $1,000 in the Fund since its inception (January 17, 2007) today
holds $1,359, which represents an annual compounded rate of return of 6.21%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to   Medium       Medium           High
Desjardins Investments Inc. has rated this Fund’s risk as high. For a description of the                               Medium                to High
specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins emerging markets fund (a-Class units)                                                                                                                                fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a high tolerance for risk, who is looking for long-term capital                 ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core emerging markets equity fund to the portfolio.                  with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.92% of its value, or $29 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.84%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.08%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.92%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins emerging
                                                            markets funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                      Desjardins investments inc.

This document contains key information you should know about the Desjardins Emerging Markets Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   January 17, 2007            Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $205,776,492             Portfolio Subadvisor:        Aberdeen Asset Management Inc.
Management Expense Ratio (MER):                                                 0.00%            Distributions:               Income: annually/Capital Gains: annually
                                                                                                 Minimum Investment:          Units offered to large investors (institutional)
                                                                                                                              who make a required minimum investment
                                                                                                                              determined by the Manager from time to time.


What does the Fund invest in?
The investment objective of this Fund is to achieve long-term capital appreciation. The Fund’s portfolio consists primarily of shares of foreign corporations in emerging markets
selected from all sectors of the economy as well as emerging markets exchange-traded funds.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                 geographic net asset allocation
   1.   Cash and Cash Equivalents              5.1%                                l     32.0%   Financials                                      l 17.9% Brazil
   2.   Vale                                   4.0%                                l     15.7%   Energy                                          l 12.1% India
   3.   Samsung Electronics                    4.0%                                l     10.0%   Information Technology                          l 10.6% Hong Kong
   4.   China Mobile                           4.0%                                l      9.9%   Consumer Staples                                l 6.6% Mexico
   5.   Taiwan Semiconductor                                                       l      9.9%   Consumer Discretionary                          l 5.3% South Korea
        Manufacturing Company                  3.5%                                       6.0%   Telecommunication                               l 5.1% Turkey
                                                                                   l
   6.   Petroleo Brasileiro, ADR               3.3%                                              Services                                        l 5.1% Thailand
   7.   Banco Bradesco, ADR                    3.3%                                l     5.7%    Materials                                       l 4.7% Taiwan
   8.   PetroChina Company, Class H            2.9%                                l     3.1%    Industrials                                     l 3.8% South Africa
   9.   Fomento Economico Mexicano, ADR        2.8%                                l     2.6%    Health Care                                     l 3.7% United Kingdom
 10.    Ultrapar Participacoes                 2.8%                                l     5.1%    Cash and Cash                                   l 2.9% China
 The Fund’s top 10 investments represent                                                         Equivalents                                     l 2.8% Indonesia
 35.7% of the Fund.                                                                                                                              l 2.6% Russia
 Total number of investments: 60                                                                                                                 l 2.3% Philippines
                                                                                                                                                 l 2.2% Malaysia
                                                                                                                                                 l 7.2% Other Countries*
                                                                                                                                                 l 5.1% Cash and Cash
                                                                                                                                                                    Equivalents
                                                                                                                                                 * This category includes all countries representing
                                                                                                                                                   less than 2% of the Fund’s asset value.



hoW has the Fund perFormed?                                                                      i-class units (%)
                                                                                                 60                                   52.17
This section tells you how I-Class Units of the Fund have performed since their
inception. Returns are after expenses have been deducted with the exception                      40
however of management fees paid to the Manager which may differ from one                                                                      21.70
                                                                                                 20
investor to another as they are negotiated by each one of them directly with
the Manager.                                                                                      0

It is important to note that the Fund’s past performance is not necessarily indicative                                                                  -7.77
                                                                                                 -20
of how the Fund will perform in the future. Also, your actual after-tax return will                                                    2009    2010      2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $1,532 which represents an annual compounded rate of return of 9.37%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins emerging markets fund (i-Class units)                                                                                                                                fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as high. For a description of the                               Medium                     to High
  specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a high tolerance for risk, who is looking for long-term capital                 ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core emerging markets equity fund to the portfolio.                  with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.08% of its value, or $1 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.08%
   Fund Expenses                                                                0.08%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.70%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                                                       DesjarDins Completion
                                                                                       investments funD (a-Class units)
                                                                                       fund facts as at march 28, 2012



                                                                                                                                                                                                                        Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Completion Investments Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.
Quick Facts
Date Fund Created:                                                                                  January 12, 2004                      Portfolio Manager:                             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                                                        $903,502,067                     Portfolio Subadvisors:                         HSBC Global Asset Management (France)
                                                                                                                                                                                         (CBRE Clarion Securities, LLC is the Portfolio
Management Expense Ratio (MER):                                                                                     2.41%
                                                                                                                                                                                         Subadvisor for the Desjardins Global Real Estate Fund,
                                                                                                                                                                                         and Aviva Investors North America Inc.1 is the Portfolio
                                                                                                                                                                                         Subadvisor for the Northwest Specialty Global High
                                                                                                                                                                                         Yield Bond Fund)
                                                                                                                                          Distributions:                                 Income: annually/Capital Gains: annually
                                                                                                                                          Minimum Investment:                            $1,000 (initial), $25 (subsequent)
1
     By virtue of its choice of residence, Aviva Investors North America, Inc. (Aviva), is not subject to a variety of requirements contained in the Ontario Securities Act applicable to advisors residing in Ontario. In certain circumstances it may be difficult
     to enforce legal rights against Aviva because it is resident in the United States and all or substantially all of its assets are located outside Canada.


What does the Fund invest in?
The Fund invests primarily, be it directly or through units of other mutual funds, in fixed-income securities and income-focused equity securities issued by foreign entities.
The Fund aims to provide unitholders with greater diversification by focusing on asset classes that complement a portfolio comprised of traditional asset classes.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

    Top 10 Investments                                                               Investment Mix (as at February 29, 2012)
    (as at February 29, 2012)                                                        sectorial net asset allocation                                                                geographic net asset allocation
      1. Northwest Specialty Global High                                                                               l 39.4% Foreign Investment                                                                   l 39.4% Foreign Investment
         Yield Bond Fund, Series I                                19.7%                                                              Funds                                                                                              Funds
      2. Desjardins Global Real Estate Fund                                                                            l       37.3% Bonds                                                                          l 21.6% United States
         I-Class                                                  19.7%                                                               19.5% Foreign Bonds                                                           l 10.4% United Kingdom
      3. Cash and Cash Equivalents                                 2.5%                                                               16.5% U.S. Bonds                                                              l 6.3% France
      4. US Treasury Notes, 2.000%                                                                                                     1.3% Canadian                                                                l 4.4% Canada
         2022-02-15                                                 2.1%                                                                       Bonds                                                                l 4.0% Italy
                                                                                                                       l       19.7% Equities                                                                       l 2.6% Australia
      5. United Kingdom Government
                                                                                                                                       8.1% Industrials                                                             l 8.8% Other Countries*
         real return, 1.125%, 2037-11-22                            1.7%
      6. US Treasury Notes, real return                                                                                                7.2% Utilities                                                               l 2.5% Cash and Cash
                                                                                                                                       4.4% Energy                                                                                      Equivalents
         3.875%, 2029-04-15                                         1.7%
      7. Government of France, Series OATe                                                                             l        1.1% Derivative Financial                                                           * This category includes all countries representing
                                                                                                                                     Instruments                                                                      less than 2% of the Fund’s asset value.
         real return, 1.600%, 2015-07-25                            1.4%
      8. US Treasury Notes, real return                                                                                l        2.5% Cash and Cash
                                                                                                                                     Equivalents
         2.125%, 2019-01-15                                         1.3%
      9. Government of Canada, real return
         4.250%, 2021-12-01                                         1.1%
    10. Australian Government, real return
         4.000%, 2020-08-20                                         1.0%
    The Fund’s top 10 investments
    represent 52.2% of the Fund.
    Total number of investments: 168
Desjardins Completion investments fund (a-Class units)                                                                                                                 fund facts

  hoW has the Fund perFormed?                                                                      a-class units (%)
                                                                                                   4
  This section tells you how the Fund has performed since it was changed. Returns are after
  the expenses have been deducted. These expenses reduce the return on your investments.                                                        2.78

  It’s important to note that the Fund’s past performance is not necessarily indicative of how     2
  the Fund will perform in the future. Also, your actual after-tax return will depend on your
  personal tax situation.
  Average Return                                                                                   0
                                                                                                                                                2011
  A person who invested $1,000 in the Fund since it was changed (May 14, 2010) today
  holds $1,151, which represents an annual compounded rate of return of 8.30%.
  Year-by-Year Returns (%)
  This graph shows the Fund’s annual return since it was changed.

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                    Low        Low to       Medium       Medium         High
  Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a description of                    Medium                    to High
  the specific risks of this Fund, see the Fund’s simplified prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk, who is looking for reasonable           ! Before you invest in any fund, you should consider how it would work
  income return combined with long-term capital appreciation by investing in a diversified         with your other investments and your tolerance for risk.
  portfolio of securities and wishes to add a specialty fund to the portfolio which will
  contribute to reducing overall portfolio volatility.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.
Desjardins Completion investments fund (a-Class units)                                                                                                                          fund facts

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.42% of its value, or $24 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees                                                      Desjardins Funds pay your broker a trailing commission for as long as you own
   and operating expenses.                                                      2.41%                   units of the Fund. That commission covers the services and the advice provided
                                                                                                        by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.01%                   The rate of the commission is a maximum of 0.8% of the annual value of your
   Fund Expenses                                                                2.42%                   investment, which represents $8 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                                                       DesjarDins Completion
                                                                                       investments funD (i-Class units)
                                                                                       fund facts as at march 28, 2012



                                                                                                                                                                                                                        Desjardins investments inc.

This document contains key information you should know about the Desjardins Completion Investments Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.
Quick Facts
Date Fund Created:                                                                                         May 2, 2006                    Portfolio Manager:                             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                                                            $3,984,769                   Portfolio Subadvisors:                         HSBC Global Asset Management (France)
                                                                                                                                                                                         (CBRE Clarion Securities, LLC is the Portfolio
Management Expense Ratio (MER):                                                                                     0.00%
                                                                                                                                                                                         Subadvisor for the Desjardins Global Real Estate Fund,
                                                                                                                                                                                         and Aviva Investors North America Inc.1 is the Portfolio
                                                                                                                                                                                         Subadvisor for the Northwest Specialty Global High
                                                                                                                                                                                         Yield Bond Fund)
                                                                                                                                          Distributions:                                 Income: annually/Capital Gains: annually
                                                                                                                                          Minimum Investment:                            Units offered to large investors (institutional)
                                                                                                                                                                                         who make a required minimum investment
                                                                                                                                                                                         determined by the Manager from time to time.
1
     By virtue of its choice of residence, Aviva Investors North America, Inc. (Aviva), is not subject to a variety of requirements contained in the Ontario Securities Act applicable to advisors residing in Ontario. In certain circumstances it may be difficult
     to enforce legal rights against Aviva because it is resident in the United States and all or substantially all of its assets are located outside Canada.


What does the Fund invest in?
The Fund invests primarily, be it directly or through units of other mutual funds, in fixed-income securities and income-focused equity securities issued by foreign entities. The
Fund aims to provide unitholders with greater diversification by focusing on asset classes that complement a portfolio comprised of traditional asset classes.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

    Top 10 Investments                                                               Investment Mix (as at February 29, 2012)
    (as at February 29, 2012)                                                        sectorial net asset allocation                                                                geographic net asset allocation
      1. Northwest Specialty Global High                                                                               l 39.4% Foreign Investment                                                                   l 39.4% Foreign Investment
         Yield Bond Fund, Series I                                19.7%                                                              Funds                                                                                              Funds
      2. Desjardins Global Real Estate Fund                                                                            l       37.3% Bonds                                                                          l 21.6% United States
         I-Class                                                  19.7%                                                               19.5% Foreign Bonds                                                           l 10.4% United Kingdom
      3. Cash and Cash Equivalents                                 2.5%                                                               16.5% U.S. Bonds                                                              l 6.3% France
      4. US Treasury Notes, 2.000%                                                                                                     1.3% Canadian                                                                l 4.4% Canada
         2022-02-15                                                 2.1%                                                                       Bonds                                                                l 4.0% Italy
                                                                                                                       l       19.7% Equities                                                                       l 2.6% Australia
      5. United Kingdom Government
                                                                                                                                       8.1% Industrials                                                             l 8.8% Other Countries*
         real return, 1.125%, 2037-11-22                            1.7%
      6. US Treasury Notes, real return                                                                                                7.2% Utilities                                                               l 2.5% Cash and Cash
                                                                                                                                       4.4% Energy                                                                                      Equivalents
         3.875%, 2029-04-15                                         1.7%
      7. Government of France, Series OATe                                                                             l        1.1% Derivative Financial                                                           * This category includes all countries representing
                                                                                                                                     Instruments                                                                      less than 2% of the Fund’s asset value.
         real return, 1.600%, 2015-07-25                            1.4%
      8. US Treasury Notes, real return                                                                                l        2.5% Cash and Cash
                                                                                                                                     Equivalents
         2.125%, 2019-01-15                                         1.3%
      9. Government of Canada, real return
         4.250%, 2021-12-01                                         1.1%
    10. Australian Government, real return
         4.000%, 2020-08-20                                         1.0%
    The Fund’s top 10 investments
    represent 52.2% of the Fund.
    Total number of investments: 168
Desjardins Completion investments fund (i-Class units)                                                                                                                  fund facts

  hoW has the Fund perFormed?                                                                      i-class units (%)
                                                                                                   10
  This section tells you how I-Class Units of the Fund have performed since it was
  changed. Returns are after expenses have been deducted with the exception however of
                                                                                                                                                  5.30
  management fees paid to the Manager which may differ from one investor to another                 5
  as they are negotiated by each one of them directly with the Manager.
  It is important to note that the Fund’s past performance is not necessarily indicative of how
  the Fund will perform in the future. Also, your actual after-tax return will depend on your       0
                                                                                                                                                  2011
  personal tax situation.
  Average Return
  A person who invested $1,000 in I-Class Units of the Fund since it was changed
  (May 14, 2010) today holds $1,200 which represents an annual compounded rate of
  return of 10.90%, without however taking into consideration, as explained above,
  management fees paid to the Manager.
  Year-by-Year Returns (%)
  This graph shows the Fund’s annual return since it was changed.

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                     Low        Low to       Medium       Medium         High
  Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a description of                     Medium                    to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk, who is looking for reasonable           ! Before you invest in any fund, you should consider how it would work
  income return combined with long-term capital appreciation by investing in a diversified          with your other investments and your tolerance for risk.
  portfolio of securities and wishes to add a specialty fund to the portfolio which will
  contribute to reducing overall portfolio volatility.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.
Desjardins Completion investments fund (i-Class units)                                                                                                                          fund facts

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.01% of its value, or $0 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.01%
   Fund Expenses                                                                0.01%


  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.33%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                                                       DesjarDins Completion
                                                                                       investments funD (t-Class units)
                                                                                       fund facts as at march 28, 2012



                                                                                                                                                                                                                        Desjardins investments inc.

This document contains key information you should know about the Desjardins Completion Investments Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.
Quick Facts
Date Fund Created:                                                                                 December 1, 2004                       Portfolio Manager:                             Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                                                          $33,993,331                    Portfolio Subadvisors:                         HSBC Global Asset Management (France)
                                                                                                                                                                                         (CBRE Clarion Securities, LLC is the Portfolio
Management Expense Ratio (MER):                                                                                     2.41%
                                                                                                                                                                                         Subadvisor for the Desjardins Global Real Estate Fund,
                                                                                                                                                                                         and Aviva Investors North America Inc.1 is the Portfolio
                                                                                                                                                                                         Subadvisor for the Northwest Specialty Global High
                                                                                                                                                                                         Yield Bond Fund)
                                                                                                                                          Distributions:                                 Income and return of capital: monthly (each month,
                                                                                                                                                                                         last working Friday)/Capital Gains: annually
                                                                                                                                          Minimum Investment:                            $1,000 (initial), $25 (subsequent)

1
     By virtue of its choice of residence, Aviva Investors North America, Inc. (Aviva), is not subject to a variety of requirements contained in the Ontario Securities Act applicable to advisors residing in Ontario. In certain circumstances it may be difficult
     to enforce legal rights against Aviva because it is resident in the United States and all or substantially all of its assets are located outside Canada.


What does the Fund invest in?
The Fund invests primarily, be it directly or through units of other mutual funds, in fixed-income securities and income-focused equity securities issued by foreign entities.
The Fund aims to provide unitholders with greater diversification by focusing on asset classes that complement a portfolio comprised of traditional asset classes.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

    Top 10 Investments                                                               Investment Mix (as at February 29, 2012)
    (as at February 29, 2012)                                                        sectorial net asset allocation                                                                geographic net asset allocation
      1. Northwest Specialty Global High                                                                               l 39.4% Foreign Investment                                                                   l 39.4% Foreign Investment
         Yield Bond Fund, Series I                                19.7%                                                              Funds                                                                                              Funds
      2. Desjardins Global Real Estate Fund                                                                            l       37.3% Bonds                                                                          l 21.6% United States
         I-Class                                                  19.7%                                                               19.5% Foreign Bonds                                                           l 10.4% United Kingdom
      3. Cash and Cash Equivalents                                 2.5%                                                               16.5% U.S. Bonds                                                              l 6.3% France
      4. US Treasury Notes, 2.000%                                                                                                     1.3% Canadian                                                                l 4.4% Canada
         2022-02-15                                                 2.1%                                                                       Bonds                                                                l 4.0% Italy
                                                                                                                       l       19.7% Equities                                                                       l 2.6% Australia
      5. United Kingdom Government
                                                                                                                                       8.1% Industrials                                                             l 8.8% Other Countries*
         real return, 1.125%, 2037-11-22                            1.7%
      6. US Treasury Notes, real return                                                                                                7.2% Utilities                                                               l 2.5% Cash and Cash
                                                                                                                                       4.4% Energy                                                                                      Equivalents
         3.875%, 2029-04-15                                         1.7%
      7. Government of France, Series OATe                                                                             l        1.1% Derivative Financial                                                           * This category includes all countries representing
                                                                                                                                     Instruments                                                                      less than 2% of the Fund’s asset value.
         real return, 1.600%, 2015-07-25                            1.4%
      8. US Treasury Notes, real return                                                                                l        2.5% Cash and Cash
                                                                                                                                     Equivalents
         2.125%, 2019-01-15                                         1.3%
      9. Government of Canada, real return
         4.250%, 2021-12-01                                         1.1%
    10. Australian Government, real return
         4.000%, 2020-08-20                                         1.0%
    The Fund’s top 10 investments
    represent 52.2% of the Fund.
    Total number of investments: 168
Desjardins Completion investments fund (t-Class units)                                                                                                                 fund facts

  hoW has the Fund perFormed?                                                                      t-class units (%)
                                                                                                   4
  This section tells you how the Fund has performed since it was changed. Returns are after
                                                                                                                                                2.81
  the expenses have been deducted. These expenses reduce the return on your investments.
  It’s important to note that the Fund’s past performance is not necessarily indicative of how     2
  the Fund will perform in the future. Also, your actual after-tax return will depend on your
  personal tax situation.
  Average Return                                                                                   0
                                                                                                                                                2011
  A person who invested $1,000 in the Fund since it was changed (May 14, 2010) today
  holds $1,150, which represents an annual compounded rate of return of 8.25%.
  Year-by-Year Returns (%)
  This graph shows the Fund’s annual return since it was changed.

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                    Low        Low to       Medium       Medium         High
  Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a description of                    Medium                    to High
  the specific risks of this Fund, see the Fund’s simplified prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a low to medium tolerance for risk, who is looking for reasonable           ! Before you invest in any fund, you should consider how it would work
  income return combined with long-term capital appreciation by investing in a diversified         with your other investments and your tolerance for risk.
  portfolio of securities and wishes to add a specialty fund to the portfolio which will
  contribute to reducing overall portfolio volatility. T-Class Units are not eligible for
  registered plans. These units are therefore unsuitable for investors who want to invest in
  registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.
Desjardins Completion investments fund (t-Class units)                                                                                                                          fund facts

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.42% of its value, or $24 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees                                                      Desjardins Funds pay your broker a trailing commission for as long as you own
   and operating expenses.                                                      2.41%                   units of the Fund. That commission covers the services and the advice provided
                                                                                                        by your broker. The broker may pay part of such commission to its representatives.
   Trading Expense Ratio (TER)                                                                          The trailing commission is paid out of the management fees.
   These are the Fund’s trading costs.                                          0.01%                   The rate of the commission is a maximum of 0.8% of the annual value of your
   Fund Expenses                                                                2.42%                   investment, which represents $8 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins global
                                                              real estate funD (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Desjardins Global Real Estate Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 17, 2007          Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                             $4,003,197          Portfolio Subadvisor:        CBRE Clarion Securities, LLC
Management Expense Ratio (MER):                                                    2.71%          Distributions:               Income: annually/Capital Gains: annually
                                                                                                  Minimum Investment:          $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund’s portfolio consists primarily of equity securities of companies and units of real estate income trusts (REITs) that are based anywhere in the world and are involved
in real estate.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                 geographic net asset allocation
  1.  Simon Property Group                       5.2%                                   l 95.2% Financials                                       l 45.7% United States
  2.  Sun Hung Kai Properties                    4.7%                                   l 3.2% Consumer Discretionary                            l 10.9% Hong Kong
  3.  Mitsui Fudosan Co.                         3.2%                                   l 1.6% Cash and Cash                                     l 9.4% Japan
  4.  Westfield Group                            3.1%                                              Equivalents                                   l 8.5% Australia
  5.  ProLogis                                   2.8%                                                                                            l 4.4% United Kingdom
  6.  AvalonBay Communities                      2.6%                                                                                            l 4.2% Singapore
  7.  Boston Properties                          2.5%                                                                                            l 4.1% Canada
  8.  Vornado Realty Trust                       2.5%
                                                                                                                                                 l 4.0% France
  9.  Host Hotels & Resorts                      2.3%
                                                                                                                                                 l 3.3% Cayman Islands
 10.  Unibail-Rodamco
      (Union du Crédit-Bail Immobilier)          2.3%                                                                                            l 3.9% Other Countries *
                                                                                                                                                 l 1.6% Cash and Cash
 The Fund’s top 10 investments represent                                                                                                                            Equivalents
 31.2% of the Fund.
                                                                                                                                                 * This category includes all countries representing
 Total number of investments: 91                                                                                                                   less than 2% of the Fund’s asset value.




hoW has the Fund perFormed?                                                                       a-class units (%)
                                                                                                  30
This section tells you how the Fund has performed since its inception. Returns are after                                              17.21
                                                                                                                                              9.23
the expenses have been deducted. These expenses reduce the return on your investments.
                                                                                                   0
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                               -6.83
how the Fund will perform in the future. Also, your actual after-tax return will depend           -30
on your personal tax situation.                                                                                              -36.74
                                                                                                  -60
Average Return                                                                                                                2008    2009    2010      2011

A person who invested $1,000 in the Fund since its inception (January 17, 2007)
today holds $590, which represents an annual compounded rate of return of -9.85%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                          Low        Low to   Medium       Medium          High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                        Medium                to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins global real estate fund (a-Class units)                                                                                                                              fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core global real estate fund to the portfolio.                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.97% of its value, or $30 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.71%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.26%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.97%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                            DesjarDins global
                                                            real estate funD (i-Class units)
                                                            fund facts as at march 28, 2012



                                                                                                                                                      Desjardins investments inc.

This document contains key information you should know about the Desjardins Global Real Estate Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                   January 17, 2007           Portfolio Manager:            Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $216,240,863            Portfolio Subadvisor:         CBRE Clarion Securities, LLC
Management Expense Ratio (MER):                                                 0.00%           Distributions:                Income: annually/Capital Gains: annually
                                                                                                Minimum Investment:           Units offered to large investors (institutional)
                                                                                                                              who make a required minimum investment
                                                                                                                              determined by the Manager from time to time.


What does the Fund invest in?
The Fund’s portfolio consists primarily of equity securities of companies and units of real estate income trusts (REITs) that are based anywhere in the world and are involved in
real estate.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                        Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                 sectorial net asset allocation                                 geographic net asset allocation
  1.  Simon Property Group                     5.2%                                l     95.2% Financials                                        l 45.7% United States
  2.  Sun Hung Kai Properties                  4.7%                                l      3.2% Consumer Discretionary                            l 10.9% Hong Kong
  3.  Mitsui Fudosan Co.                       3.2%                                l      1.6% Cash and Cash                                     l 9.4% Japan
  4.  Westfield Group                          3.1%                                            Equivalents                                       l 8.5% Australia
  5.  ProLogis                                 2.8%                                                                                              l 4.4% United Kingdom
  6.  AvalonBay Communities                    2.6%                                                                                              l 4.2% Singapore
  7.  Boston Properties                        2.5%                                                                                              l 4.1% Canada
  8.  Vornado Realty Trust                     2.5%
                                                                                                                                                 l 4.0% France
  9.  Host Hotels & Resorts                    2.3%
                                                                                                                                                 l 3.3% Cayman Islands
 10.  Unibail-Rodamco
      (Union du Crédit-Bail Immobilier)        2.3%                                                                                              l 3.9% Other Countries *
                                                                                                                                                 l 1.6% Cash and Cash
 The Fund’s top 10 investments represent                                                                                                                            Equivalents
 31.2% of the Fund.
                                                                                                                                                 * This category includes all countries representing
 Total number of investments: 91                                                                                                                   less than 2% of the Fund’s asset value.




hoW has the Fund perFormed?                                                                     i-class units (%)
                                                                                                30
This section tells you how I-Class Units of the Fund have performed since their                                                       20.00
inception. Returns are after expenses have been deducted with the exception                     15                                            12.40
however of management fees paid to the Manager which may differ from one
                                                                                                 0
investor to another as they are negotiated by each one of them directly with                                                                            -4.09
the Manager.                                                                                    -15

It is important to note that the Fund’s past performance is not necessarily indicative          -30
of how the Fund will perform in the future. Also, your actual after-tax return will                                                    2009    2010      2011

depend on your personal tax situation.
Average Return
A person who invested $1,000 in I-Class Units of the Fund since their inception today
holds $681 which represents an annual compounded rate of return of -7.28%,
without however taking into consideration, as explained above, management fees
paid to the Manager.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there is one year in which the Fund’s value decreased.
Desjardins global real estate fund (i-Class units)                                                                                                                              fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                          Low        Low to        Medium       Medium          High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                 Medium                     to High
  the specific risks of this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core global real estate fund to the portfolio.                       with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell I-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  I-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  Each investor pays reduced management fees which he negotiates directly with the Manager of the Fund. The Fund fees are made up of the management fees, operating
  expenses and trading expenses. As at September 30, 2011, Fund expenses represented 0.26% of its value, or $3 on each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  No trailing commissions are paid to registered dealers with respect to
   operating expenses.                                                          0.00%                   I-Class units.

   Trading Expense Ratio (TER)
   These are the Fund’s trading costs.                                          0.26%
   Fund Expenses                                                                0.26%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None
  Even if each investor pays fees which he negotiates directly with the manager of the Fund, the maximum annual management fee and operating expenses payable by a I-Class
  investor will not be greater than the maximum one payable by an A-Class investor, which is 2.58%.

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.


  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              DesjarDins global
                                                              real estate funD (t-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                     Desjardins investments inc.

This document contains key information you should know about the Desjardins Global Real Estate Fund. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 17, 2007          Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                               $713,508          Portfolio Subadvisor:        CBRE Clarion Securities, LLC
Management Expense Ratio (MER):                                                    2.71%          Distributions:               Income and return of capital: monthly (each month,
                                                                                                                               last working Friday)/Capital Gains: annually
                                                                                                  Minimum Investment:          $1,000 (initial), $25 (subsequent)


What does the Fund invest in?
The Fund’s portfolio consists primarily of equity securities of companies and units of real estate income trusts (REITs) that are based anywhere in the world and are involved
in real estate.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

 Top 10 Investments                                          Investment Mix (as at February 29, 2012)
 (as at February 29, 2012)                                   sectorial net asset allocation                                 geographic net asset allocation
  1.  Simon Property Group                       5.2%                                   l 95.2% Financials                                       l 45.7% United States
  2.  Sun Hung Kai Properties                    4.7%                                   l 3.2% Consumer Discretionary                            l 10.9% Hong Kong
  3.  Mitsui Fudosan Co.                         3.2%                                   l 1.6% Cash and Cash                                     l 9.4% Japan
  4.  Westfield Group                            3.1%                                              Equivalents                                   l 8.5% Australia
  5.  ProLogis                                   2.8%                                                                                            l 4.4% United Kingdom
  6.  AvalonBay Communities                      2.6%                                                                                            l 4.2% Singapore
  7.  Boston Properties                          2.5%                                                                                            l 4.1% Canada
  8.  Vornado Realty Trust                       2.5%
                                                                                                                                                 l 4.0% France
  9.  Host Hotels & Resorts                      2.3%
                                                                                                                                                 l 3.3% Cayman Islands
 10.  Unibail-Rodamco
      (Union du Crédit-Bail Immobilier)          2.3%                                                                                            l 3.9% Other Countries *
                                                                                                                                                 l 1.6% Cash and Cash
 The Fund’s top 10 investments represent                                                                                                                            Equivalents
 31.2% of the Fund.
                                                                                                                                                 * This category includes all countries representing
 Total number of investments: 91                                                                                                                   less than 2% of the Fund’s asset value.




hoW has the Fund perFormed?                                                                       t-class units (%)
                                                                                                  50
This section tells you how the Fund has performed since its inception. Returns are after
the expenses have been deducted. These expenses reduce the return on your investments.                                                16.81
                                                                                                                                              9.46
It’s important to note that the Fund’s past performance is not necessarily indicative of           0
how the Fund will perform in the future. Also, your actual after-tax return will depend                                                                -6.62
on your personal tax situation.
                                                                                                                             -36.54
                                                                                                  -50
Average Return                                                                                                                2008    2009    2010      2011

A person who invested $1,000 in the Fund since its inception (January 17, 2007)
today holds $593, which represents an annual compounded rate of return of -9.76%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all of the years
presented, there are two years in which the Fund’s value decreased.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                          Low        Low to   Medium       Medium          High
up. Desjardins Investments Inc. has rated this Fund’s risk as medium. For a                                        Medium                to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
Desjardins global real estate fund (t-Class units)                                                                                                                              fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who has a medium tolerance for risk, who is looking for long-term capital               ! Before you invest in any fund, you should consider how it would work
  appreciation and wishes to add a core global real estate fund to the portfolio. T-Class               with your other investments and your tolerance for risk.
  Units are not eligible for registered plans. These units are therefore unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell T-Class Units of the Fund. The Fund has other classes of units. Ask about our other classes
  that may be suitable for you.
  1. Sales Charges
  T-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.97% of its value, or $30 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
                                                                                                        units of the Fund. That commission covers the services and the advice provided
   expenses. Desjardins Investments Inc. has waived certain fees;                                       by your broker. The broker may pay part of such commission to its representatives.
   otherwise, the MER would have been higher.                                   2.71%
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)                                                                          The rate of the commission is a maximum of 1% of the annual value of your
   These are the Fund’s trading costs.                                          0.26%                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.97%

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              soCieterra seCure
                                                              market portfolio (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                      Desjardins Investments Inc.

This document contains key information you should know about the SocieTerra Secure Market Portfolio. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                      January 15, 2009       Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                           $79,486,371        Distributions:                  Income: quarterly/Capital Gains: annually
Management Expense Ratio (MER):                                                    2.02%       Minimum Investment:             $500 (initial), $25 (subsequent)


What does the Fund invest in?
The Portfolio invests primarily in Canadian, and to a lesser extent, foreign equity and fixed-income securities and/or in units of mutual funds which themselves invest primarily
in Canadian or foreign equity and fixed-income securities. The Portfolio follows a socially responsible approach to investing.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top Investments (as at February 29, 2012)                                                      Sectorial Net Asset Allocation (as at February 2012)
 1. NEI Canadian Bond Fund, Series I                                               67.2%                                          l 67.2%       Fixed-Income Investment Funds
 2. Ethical Global Equity Fund, Series I                                            9.8%
                                                                                                                                  l 31.5%       Growth Investment Funds
 3. Ethical Globtal Dividend Fund, Series I                                         9.8%
                                                                                                                                  l 1.3%        Cash and Cash Equivalents
 4. Desjardins Environment Fund, I-Class                                            6.9%
 5. Ethical Canadian Dividend Fund, Series I                                        5.0%
 6. Cash and Cash Equivalents                                                       1.3%
The Fund’s top investments represent 100% of the Fund.
Total number of investments: 5



hoW has the Fund perFormed?                                                                    a-class units (%)
This section tells you how the Fund has performed since its inception. Returns are             10

after the expenses have been deducted. These expenses reduce the return on
                                                                                                                                      5.84
your investments.
                                                                                                5
It’s important to note that the Fund’s past performance is not necessarily indicative of                                                      2.71
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.                                                                 0
                                                                                                                                      2010     2011
Average Return
A person who invested $1,000 in the Fund since its inception (January 15, 2009) today
holds $1,265, which represents an annual compounded rate of return of 7.87%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low         Low to     Medium       Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as low. For a description of the                         Medium                  to High
specific risks of this Fund, see the Fund’s simplified prospectus.
societerra secure market portfolio (a-Class units)                                                                                                                              fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  This Portfolio is intended for an investor who desires to invest in a portfolio applying socially   ! Before you invest in any fund, you should consider how it would work
  responsible investing principles, is looking for a turnkey solution containing a variety of asset     with your other investments and your tolerance for risk.
  classes, wishes to focus on income generation with a certain level of long-term capital
  appreciation and has a low to medium risk tolerance.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.02% of its value, or $20 on
  each $1,000 investment.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
   expenses. Desjardins Investments Inc. has waived certain fees;                                       units of the Fund. That commission covers the services and the advice provided
   otherwise, the MER would have been higher.                                   2.02%                   by your broker. The broker may pay part of such commission to its representatives.
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)
                                                                                                        The rate of the commission is a maximum of 1%* of the annual value of your
   These are the Fund’s trading costs.                                              –                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                2.02%                   *
                                                                                                            As amended upon the prospectus’ renewal.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               soCieterra balanCeD
                                                               portfolio (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                      Desjardins Investments Inc.

This document contains key information you should know about the SocieTerra Balanced Portfolio. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                       January 15, 2009      Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                           $217,409,330       Distributions:                  Income: quarterly/Capital Gains: annually
Management Expense Ratio (MER):                                                     2.16%      Minimum Investment:             $500 (initial), $25 (subsequent)


What does the Fund invest in?
The Portfolio invests primarily in Canadian, and to a lesser extent, foreign equity and fixed-income securities and/or in units of mutual funds which themselves invest primarily
in Canadian or foreign equity and fixed-income securities. The Portfolio follows a socially responsible approach to investing.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top Investments (as at February 29, 2012)                                                      Sectorial Net Asset Allocation (as at February 2012)
 1. NEI Canadian Bond Fund, Series I                                                54.7%                                         l 54.7% Fixed-Income Investment Funds
 2. Ethical Global Equity Fund, Series I                                            13.8%                                         l 44.5% Growth Investment Funds
 3. Ethical Global Dividend Fund, Series I                                          12.8%                                         l 0.8% Cash and Cash Equivalents
 4. Desjardins Environment Fund, I-Class                                             9.9%
 5. Ethical Canadian Dividend Fund, Series I                                         8.0%
 6. Cash and Cash Equivalents                                                        0.8%
The Fund’s top investments represent 100% of the Fund.
Total number of investments: 5



hoW has the Fund perFormed?                                                                    a-class units (%)
                                                                                               10
This section tells you how the Fund has performed since its inception. Returns are after the
expenses have been deducted. These expenses reduce the return on your investments.                                                    6.23
It’s important to note that the Fund’s past performance is not necessarily indicative of        5
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.                                                                                                               0.74
                                                                                                0
Average Return                                                                                                                        2010     2011

A person who invested $1,000 in the Fund since its inception (January 15, 2009) today
holds $1,288, which represents an annual compounded rate of return of 8.50%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception.


hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low         Low to     Medium       Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                                  Medium                  to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
societerra balanced portfolio (a-Class units)                                                                                                                                   fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who desires to invest in a portfolio applying socially responsible investing              ! Before you invest in any fund, you should consider how it would work
  principles, is looking for a turnkey solution containing a variety of asset classes, is looking for    with your other investments and your tolerance for risk.
  a balance between long-term capital appreciation and income return and has a low to
  medium risk tolerance.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.16% of its value, or $22 on
  each $1,000 investment.
                                                                              Annual Rate
                                                                        (as a % of the Fund’s value)
                                                                                                         Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                         Desjardins Funds pay your broker a trailing commission for as long as you own
   expenses. Desjardins Investments Inc. has waived certain fees;                                        units of the Fund. That commission covers the services and the advice provided
   otherwise, the MER would have been higher.                                    2.16%                   by your broker. The broker may pay part of such commission to its representatives.
                                                                                                         The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)
                                                                                                         The rate of the commission is a maximum of 1%* of the annual value of your
   These are the Fund’s trading costs.                                               –                   investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                 2.16%                   *
                                                                                                             As amended upon the prospectus’ renewal.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                               What you pay
   Short-Term Trading Fee                            Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                     None
   Change Fee                                        None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                             soCieterra growth
                                                             portfolio (a-Class units)
                                                             fund facts as at march 28, 2012



                                                                                                                                                       Desjardins Investments Inc.

This document contains key information you should know about the SocieTerra Growth Portfolio. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                    January 10, 2000         Portfolio Manager:              Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                        $152,771,983          Distributions:                  Income: annually/Capital Gains: annually
Management Expense Ratio (MER):                                                  2.29%         Minimum Investment:             $500 (initial), $25 (subsequent)


What does the Fund invest in?
The Portfolio invests primarily in Canadian, and to a lesser extent, foreign equity and fixed-income securities and/or in units of mutual funds which themselves invest in
Canadian, or foreign equity and fixed-income securities. The Portfolio follows a socially responsible approach to investing.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top Investments (as at February 29, 2012)                                                      Sectorial Net Asset Allocation (as at February 2012)
 1. NEI Canadian Bond Fund, Series I                                              38.5%                                        l 60.4% Growth Investment Funds
 2. Ethical International Equity Fund, Series I                                   13.8%                                        l 38.5% Fixed-Income Investment Funds
 3. Ethical Global Dividend Fund, Series I                                        12.7%                                        l 1.1% Cash and Cash Equivalents
 4. Desjardins Environment Fund, I-Class                                          12.0%
 5. Ethical American Multi-Strategy Fund, Series I                                 8.8%
 6. Ethical Canadian Dividend Fund, Series I                                       8.0%
 7. Ethical Special Equity Fund, Series I                                          5.1%
 8. Cash and Cash Equivalents                                                      1.1%
The Fund’s top investments represent 100% of the Fund.
Total number of investments: 7

hoW has the Fund perFormed?                                                                    a-class units (%)
This section tells you how the Fund has performed since it was changed. Returns are after       25
                                                                                                                                                        16.26
the expenses have been deducted. These expenses reduce the return on your investments.                                        11.48
                                                                                                                      6.98                                        7.50
It’s important to note that the Fund’s past performance is not necessarily indicative of
                                                                                                 0
how the Fund will perform in the future. Also, your actual after-tax return will depend                                               -2.01                              -1.71
on your personal tax situation.
                                                                                                                                              -18.27
Average Return                                                                                 -25
                                                                                                                      2005     2006    2007    2008      2009     2010   2011
A person who invested $1,000 in the Fund since it was changed (January 12, 2004)
today holds $1,283, which represents an annual compounded rate of return of 3.12%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all the years
presented, there are three years in which the Fund’s value decreased.


hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                   Low        Low to       Medium      Medium          High
Desjardins Investments Inc. has rated this Fund’s risk as low to medium. For a                                  Medium                   to High
description of the specific risks of this Fund, see the Fund’s simplified prospectus.
societerra growth portfolio (a-Class units)                                                                                                                                     fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who desires to invest in a portfolio applying socially responsible investing             ! Before you invest in any fund, you should consider how it would work
  principles, is looking for a turnkey solution containing a variety of asset classes, is looking       with your other investments and your tolerance for risk.
  for long-term capital appreciation and, to a lesser extent, income return, and has a low to
  medium risk tolerance.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.29% of its value, or $23 on
  each $1,000 investment.
                                                                              Annual Rate
                                                                        (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
   expenses. Desjardins Investments Inc. has waived certain fees;                                       units of the Fund. That commission covers the services and the advice provided
   otherwise, the MER would have been higher.                                    2.29%                  by your broker. The broker may pay part of such commission to its representatives.
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)
                                                                                                        The rate of the commission is a maximum of 1%* of the annual value of your
   These are the Fund’s trading costs.                                               –                  investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                 2.29%                  *
                                                                                                            As amended upon the prospectus’ renewal.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                              soCieterra growth
                                                              plus portfolio (a-Class units)
                                                              fund facts as at march 28, 2012



                                                                                                                                                    Desjardins Investments Inc.

This document contains key information you should know about the SocieTerra Growth Plus Portfolio. You can find more detailed information in the Fund’s Simplified
Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc. at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                       January 15, 2009      Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                            $64,333,544       Distributions:               Income: annually/Capital Gains: annually
Management Expense Ratio (MER):                                                     2.46%      Minimum Investment:          $500 (initial), $25 (subsequent)


What does the Fund invest in?
The Portfolio invests in both Canadian, foreign equity and fixed-income securities and/or in units of mutual funds which themselves invest in Canadian, foreign equity and
fixed-income securities. The Portfolio follows a socially responsible approach to investing.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top Investments (as at February 29, 2012)                                                      Sectorial Net Asset Allocation (as at February 2012)
 1. NEI Canadian Bond Fund, Series I                                               19.8%                                    l 79.5% Growth Investment Funds
 2. Ethical International Equity Fund, Series I                                    18.8%
                                                                                                                            l 19.8% Fixed-Income Investment Funds
 3. Ethical Global Equity Fund, Series I                                           15.8%
                                                                                                                            l 0.7% Cash and Cash Equivalents
 4. Desjardins Environment Fund, I-Class                                           14.1%
 5. Ethical American Multi-Strategy Fund, Series I                                 12.7%
 6. Ethical Canadian Dividend Fund, Series I                                       10.0%
 7. Ethical Special Equity Fund, Series I                                           8.1%
 8. Cash and Cash Equivalents                                                       0.7%
The Fund’s top investments represent 100% of the Fund.
Total number of investments: 7


hoW has the Fund perFormed?                                                                    a-class units (%)
This section tells you how the Fund has performed since its inception. Returns are after the    10
                                                                                                                                    7.72
expenses have been deducted. These expenses reduce the return on your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of         0
how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.
                                                                                                                                            -5.71
                                                                                               -10
Average Return                                                                                                                      2010     2011
A person who invested $1,000 in the Fund since its inception (January 15, 2009) today
holds $1,337, which represents an annual compounded rate of return of 9.81%.
Year-by-Year Returns (%)
This graph shows the Fund’s annual return since its inception. Out of all the years
presented, there is one year in which the Fund’s value decreased.
societerra growth plus portfolio (a-Class units)                                                                                                                                fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                             Low           Low to           Medium   Medium     High
  Desjardins Investments Inc. has rated this Fund’s risk as medium. For a description of                                       Medium                    to High
  the specific risks of this Fund, see the Fund’s simplified prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  An investor who desires to invest in a portfolio applying socially responsible investing             ! Before you invest in any fund, you should consider how it would work
  principles, is looking for a turnkey solution containing a variety of asset classes, is looking       with your other investments and your tolerance for risk.
  primarily for long-term capital appreciation and has a medium risk tolerance.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class Units of the Fund.
  1. Sales Charges
  A-Class Units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  Fund expenses are made up of management fees, operating expenses and trading costs. As at September 30, 2011, Fund expenses represented 2.46% of its value, or $25 on
  each $1,000 investment.
                                                                              Annual Rate
                                                                        (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and operating                                        Desjardins Funds pay your broker a trailing commission for as long as you own
   expenses. Desjardins Investments Inc. has waived certain fees;                                       units of the Fund. That commission covers the services and the advice provided
   otherwise, the MER would have been higher.                                    2.46%                  by your broker. The broker may pay part of such commission to its representatives.
                                                                                                        The trailing commission is paid out of the management fees.
   Trading Expense Ratio (TER)
                                                                                                        The rate of the commission is a maximum of 1%* of the annual value of your
   These are the Fund’s trading costs.                                               –                  investment, which represents $10 for every $1,000 invested.
   Fund Expenses                                                                 2.46%                  *
                                                                                                            As amended upon the prospectus’ renewal.

  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                               What you pay
   Short-Term Trading Fee                            Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                     None
   Change Fee                                        None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus;
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities law of
  your province or territory or ask a lawyer.



  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins
      P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Conservative
                                                               portfolio (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Conservative Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                 November 28, 2011            Portfolio Manager:          Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $112,200,823            Distributions:              Income: quarterly/Capital Gains: annually
Management Expense Ratio (MER):                                                    n/a*         Minimum Investment:         $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
65% and 95% of the assets, and among equity securities in a proportion varying from 5% to 35% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                    Investment Mix (as at February 29, 2012)
 1. Desjardins Canadian Bond Fund, I-Class                                    23.5%             sectorial net asset allocation
 2. Desjardins Enhanced Bond Fund, I-Class                                    22.6%                                              l 70.3% Fixed-Income Investment Funds
 3. Desjardins Short-Term Income Fund, I-Class                                16.2%                                              l 28.2% Growth Investment Funds
 4. Desjardins Global Dividend Fund, I-Class                                   7.0%
                                                                                                                                 l 1.5% Cash and Cash Equivalents
 5. Northwest Specialty Global High Yield Bond Fund, Series I                  5.1%
 6. Desjardins Global All Cap Equity Fund, I-Class                             5.0%
 7. Desjardins Canadian Equity Value Fund, I-Class                             4.1%
 8. Desjardins Emerging Markets Fund, I-Class                                  4.1%
 9. Desjardins Canadian Equity Growth Fund, I-Class                            4.0%
10. iShares Barclays 1-3 Year Credit Bond Fund                                 2.9%
The Fund’s top 10 investments represent 94.5% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.
Average Return                                                                                  Year-by-Year Returns (%)
The Chorus II Conservative Portfolio became active on November 28, 2011.                        The Chorus II Conservative Portfolio became active on November 28, 2011.
Consequently, its operating results as at February 29, 2012 cannot be shown in this             Consequently, its operating results as at February 29, 2012 cannot be shown in this
document, as the Fund had not been in existence for a year at that date.                        document, as the Fund had not been in existence for a year at that date.
Chorus ii Conservative portfolio (a-Class units)                                                                                                                           fund facts

  hoW risky is it?
  When you invest in a fund, the value of your investment can go down as well as up.                         Low       Low to       Medium      Medium         High
  The Manager has rated this Fund’s risk as low. For a description of the specific risks of                            Medium                   to High
  this Fund, see the Fund’s Simplified Prospectus.

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes             ! Before you invest in any fund, you should consider how it would
                                                                                                     |
  and who want to focus on generating a high income return with some long-term capital                   work with your other investments and your tolerance for risk.
  appreciation.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class units of the Fund.
  1. Sales Charges
  A-Class units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.36% of the Fund’s value.
  As this Fund is a new fund, operating expenses and trading expenses are not yet available.
                                                                            Annual Rate
                                                                      (as a % of the Fund’s value)
                                                                                                         Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                   Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                         own units of the Fund. That commission covers the services and the advice
   operating expenses.                                                            n/a                    provided by your broker. The broker may pay part of such commission
   Trading Expense Ratio (TER)                                                                           to its representatives.
   These are the Fund’s trading costs.                                            n/a                    The trailing commission is paid out of the management fees.
   Fund Expenses                                                                  n/a                    The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                         investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii balanCeD inCome
                                                               portfolio (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Balanced Income Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $126,384,922             Distributions:             Income: quarterly/Capital Gains: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
55% and 70% of the assets, and among equity securities in a proportion varying from 30% to 45% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)
 1. Desjardins Enhanced Bond Fund, I-Class                                    22.3%              sectorial net asset allocation
 2. Desjardins Canadian Bond Fund, I-Class                                    22.3%                                              l 59.7% Fixed-Income Investment Funds
 3. Desjardins Global Dividend Fund, I-Class                                   9.8%                                              l 37.9% Growth Investment Funds
 4. Desjardins Short-Term Income Fund, I-Class                                 7.2%
                                                                                                                                 l 2.4% Cash and Cash Equivalents
 5. Desjardins Global All Cap Equity Fund, I-Class                             6.9%
 6. Desjardins Canadian Equity Growth Fund, I-Class                            6.0%
 7. Desjardins Canadian Equity Value Fund, I-Class                             5.1%
 8. Desjardins Emerging Markets Fund, I-Class                                  5.1%
 9. Northwest Specialty Global High Yield Bond Fund, Series I                  5.0%
10. Desjardins Global Small Cap Equity Fund, I-Class                           3.0%
The Fund’s top 10 investments represent 92.7% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Balanced Income Portfolio became active on November 28, 2011.                      The Chorus II Balanced Income Portfolio became active on November 28, 2011.
Consequently, its operating results as at February 29, 2012 cannot be shown in this              Consequently, its operating results as at February 29, 2012 cannot be shown in this
document, as the Fund had not been in existence for a year at that date.                         document, as the Fund had not been in existence for a year at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as low to medium. For a description of the                                 Medium                 to High
specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii balanced income portfolio (a-Class units)                                                                                                                        fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes            ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on generating an income with, to a lesser extent,                      work with your other investments and your tolerance for risk.
  long-term capital appreciation.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class units of the Fund.
  1. Sales Charges
  A-Class units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.43% of the Fund’s value.
  As this Fund is a new fund, operating expenses and trading expenses are not yet available.
                                                                           Annual Rate
                                                                     (as a % of the Fund’s value)
                                                                                                     Trailing Commission
   Management Expense Ratio (MER)
                                                                                                     Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                     own units of the Fund. That commission covers the services and the advice
   operating expenses.                                                           n/a
                                                                                                     provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                       its representatives.
   These are the Fund’s trading costs.                                           n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                 n/a                 The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                     investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii balanCeD growth
                                                               portfolio (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Balanced Growth Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $115,127,234             Distributions:             Income: quarterly/Capital Gains: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
45% and 60% of the assets, and among equity securities in a proportion varying from 40% to 55% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)
 1. Desjardins Canadian Bond Fund, I-Class                                    13.4%              sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                  12.6%                                              l 49.8% Fixed-Income Investment Funds
 3. Desjardins Enhanced Bond Fund, I-Class                                    12.5%                                              l 47.3% Growth Investment Funds
 4. iShares DEX Long Term Bond Index Fund                                      8.8%
                                                                                                                                 l 2.9% Cash and Cash Equivalents
 5. Desjardins Global All Cap Equity Fund, I-Class                             8.8%
 6. Desjardins Canadian Equity Value Fund, I-Class                             7.1%
 7. Northwest Specialty Global High Yield Bond Fund, Series I                  6.9%
 8. Desjardins Canadian Equity Growth Fund, I-Class                            6.9%
 9. Desjardins Emerging Markets Fund, I-Class                                  6.0%
10. Desjardins Short-Term Income Fund, I-Class                                 5.3%
The Fund’s top 10 investments represent 88.3% of the Fund.
Total number of investments: 14


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Balanced Growth Portfolio became active on November 28, 2011.                      The Chorus II Balanced Growth Portfolio became active on November 28, 2011.
Consequently, its operating results as at February 29, 2012 cannot be shown in this              Consequently, its operating results as at February 29, 2012 cannot be shown in this
document, as the Fund had not been in existence for a year at that date.                         document, as the Fund had not been in existence for a year at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low           Low to    Medium       Medium         High
up. The Manager has rated this Fund’s risk as low to medium. For a description of                                 Medium                 to High
the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii balanced growth portfolio (a-Class units)                                                                                                                        fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes            ! Before you invest in any fund, you should consider how it would
  and who want to focus on striking a balance between income return and long-term                     work with your other investments and your tolerance for risk.
  capital appreciation.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class units of the Fund.
  1. Sales Charges
  A-Class units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.49% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                           Annual Rate
                                                                     (as a % of the Fund’s value)
                                                                                                     Trailing Commission
   Management Expense Ratio (MER)
                                                                                                     Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                     own units of the Fund. That commission covers the services and the advice
   operating expenses.                                                           n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                       its representatives.
   These are the Fund’s trading costs.                                           n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                 n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                     investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii growth
                                                               portfolio (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Growth Portfolio. You can find more detailed information in the Fund’s Simplified Prospectus.
Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                       $100,290,611             Distributions:             Income: quarterly/Capital Gains: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
35% and 50% of the assets, and among equity securities in a proportion varying from 50% to 65% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)
 1. Desjardins Global Dividend Fund, I-Class                                  15.5%              sectorial net asset allocation
 2. Desjardins Global All Cap Equity Fund, I-Class                            10.7%                                              l 56.9% Growth Investment Funds
 3. Desjardins Canadian Bond Fund, I-Class                                    10.6%                                              l 40.2% Fixed-Income Investment Funds
 4. Desjardins Enhanced Bond Fund, I-Class                                     9.6%
                                                                                                                                 l 2.9% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Growth Fund, I-Class                            8.8%
 6. Desjardins Canadian Equity Value Fund, I-Class                             8.0%
 7. Desjardins Emerging Markets Fund, I-Class                                  7.0%
 8. Northwest Specialty Global High Yield Bond Fund, Series I                  6.9%
 9. iShares DEX Long Term Bond Index Fund                                      6.9%
10. Desjardins Global Small Cap Equity Fund, I-Class                           4.9%
The Fund’s top 10 investments represent 88.9% of the Fund.
Total number of investments: 14


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Growth Portfolio became active on November 28, 2011. Consequently,                 The Chorus II Growth Portfolio became active on November 28, 2011. Consequently,
its operating results as at February 29, 2012 cannot be shown in this                            its operating results as at February 29, 2012 cannot be shown in this
document, as the Fund had not been in existence for a year at that date.                         document, as the Fund had not been in existence for a year at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low           Low to    Medium       Medium         High
up. The Manager has rated this Fund’s risk as low to medium. For a description of                                 Medium                 to High
the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii growth portfolio (a-Class units)                                                                                                                                 fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes            ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation and,                       work with your other investments and your tolerance for risk.
  to a lesser extent, generate an income.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class units of the Fund.
  1. Sales Charges
  A-Class units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.60% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                           Annual Rate
                                                                     (as a % of the Fund’s value)
                                                                                                     Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                               Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                     own units of the Fund. That commission covers the services and the advice
   operating expenses.                                                           n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                       its representatives.
   These are the Fund’s trading costs.                                           n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                 n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                     investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii high growth
                                                               portfolio (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II High Growth Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $48,798,136            Distributions:             Income: annually/Capital Gains: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
10% and 35% of the assets, and among equity securities in a proportion varying from 65% to 90% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)
 1. Desjardins Global Dividend Fund, I-Class                                  19.1%              sectorial net asset allocation
 2. Desjardins Global All Cap Equity Fund, I-Class                            13.4%                                              l 70.6% Growth Investment Funds
 3. Desjardins Canadian Equity Value Fund, I-Class                            10.9%                                              l 25.5% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Growth Fund, I-Class                           10.7%
                                                                                                                                 l 3.9% Cash and Cash Equivalents
 5. Desjardins Emerging Markets Fund, I-Class                                  8.8%
 6. Northwest Specialty Global High Yield Bond Fund, Series I                  6.8%
 7. Desjardins Global Small Cap Equity Fund, I-Class                           5.8%
 8. Desjardins Enhanced Bond Fund, I-Class                                     5.7%
 9. Desjardins Canadian Bond Fund, I-Class                                     5.7%
10. Cash and Cash Equivalents                                                  3.9%
The Fund’s top 10 investments represent 90.8% of the Fund.
Total number of investments: 14


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II High Growth Portfolio became active on November 28, 2011.                          The Chorus II High Growth Portfolio became active on November 28, 2011.
Consequently, its operating results as at February 29, 2012 cannot be shown in this              Consequently, its operating results as at February 29, 2012 cannot be shown in this
document, as the Fund had not been in existence for a year at that date.                         document, as the Fund had not been in existence for a year at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low           Low to    Medium       Medium         High
up. The Manager has rated this Fund’s risk as medium. For a description of the                                    Medium                 to High
specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii high growth portfolio (a-Class units)                                                                                                                            fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes            ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation some level                 work with your other investments and your tolerance for risk.
  of income.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class units of the Fund.
  1. Sales Charges
  A-Class units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.78% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                           Annual Rate
                                                                     (as a % of the Fund’s value)
                                                                                                     Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                               Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                     own units of the Fund. That commission covers the services and the advice
   operating expenses.                                                           n/a                 provided by your broker. The broker may pay part of such commission
   Trading Expense Ratio (TER)                                                                       to its representatives.
   These are the Fund’s trading costs.                                           n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                 n/a                 The rate of the commission is a maximum of 1.0% of the annual value of your
                                                                                                     investment, which represents $10 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii maXimum growth
                                                               portfolio (a-Class units)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Maximum Growth Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $18,057,299            Distributions:             Income: annually/Capital Gains: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
0% and 25% of the assets, and among equity securities in a proportion varying from 75% to 100% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)
 1. Desjardins Global Dividend Fund, I-Class                                  22.2%              sectorial net asset allocation
 2. Desjardins Global All Cap Equity Fund, I-Class                            14.8%                                              l 77.4% Growth Investment Funds
 3. Desjardins Canadian Equity Value Fund, I-Class                            11.4%                                              l 15.7% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Growth Fund, I-Class                           11.2%
                                                                                                                                 l 6.9% Cash and Cash Equivalents
 5. Desjardins Emerging Markets Fund, I-Class                                  9.4%
 6. Cash and Cash Equivalents                                                  6.9%
 7. Northwest Specialty Global High Yield Bond Fund, Series I                  6.6%
 8. Desjardins Global Small Cap Equity Fund, I-Class                           6.5%
 9. Desjardins Enhanced Bond Fund, I-Class                                     2.8%
10. Desjardins Canadian Bond Fund, I-Class                                     2.8%
The Fund’s top 10 investments represent 94.6% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Maximum Growth Portfolio became active on November 28, 2011.                       The Chorus II Maximum Growth Portfolio became active on November 28, 2011.
Consequently, its operating results as at February 29, 2012 cannot be shown in this              Consequently, its operating results as at February 29, 2012 cannot be shown in this
document, as the Fund had not been in existence for a year at that date.                         document, as the Fund had not been in existence for a year at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as medium. For a description of the specific                               Medium                 to High
risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii maximum growth portfolio (a-Class units)                                                                                                                         fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes            ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation.                           work with your other investments and your tolerance for risk.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell A-Class units of the Fund.
  1. Sales Charges
  A-Class units are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.83% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                           Annual Rate
                                                                     (as a % of the Fund’s value)
                                                                                                     Trailing Commission
   Management Expense Ratio (MER)
                                                                                                     Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                     own units of the Fund. That commission covers the services and the advice
   operating expenses.                                                           n/a
                                                                                                     provided by your broker. The broker may pay part of such commission
   Trading Expense Ratio (TER)                                                                       to its representatives.
   These are the Fund’s trading costs.                                           n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                 n/a                 The rate of the commission is a maximum of 1.0% of the annual value of your
                                                                                                     investment, which represents $10 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch units of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the units you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund units within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               Conservative portfolio (series a shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Conservative Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                 November 28, 2011              Portfolio Manager:        Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $74,758,400             Distributions:            Income: annually
Management Expense Ratio (MER):                                                    n/a*           Minimum Investment:       $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
65% and 95% of the assets, and among equity securities in a proportion varying from 5% to 35% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                      Investment Mix (as at February 29, 2012)
 1. Desjardins Capital Yield Bond Fund, I-Class                                46.3%              sectorial net asset allocation
 2. Desjardins Short-Term Income Fund, I-Class                                 16.2%                                             l 65.4% Fixed-Income Investment Funds
 3. Desjardins Global Dividend Fund, I-Class                                    5.0%                                             l 33.4% Growth Investment Funds
 4. Claymore S&P/TSX CDN Preferred Share ETF                                    4.9%
                                                                                                                                 l 1.2% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Value Fund, I-Class                              4.2%
 6. Desjardins Emerging Markets Fund, I-Class                                   4.2%
 7. Desjardins Canadian Equity Growth Fund, I-Class                             4.1%
 8. Desjardins Global All Cap Equity Fund, I-Class                              4.0%
 9. Desjardins Dividend Growth Fund, I-Class                                    3.0%
10. iShares Barclays 1-3 Year Credit Bond Fund                                  2.9%
The Fund’s top 10 investments represent 94.8% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend
on your personal tax situation.
Average Return                                                                                    Year-by-Year Returns (%)
The Chorus II Corporate Class Conservative Portfolio became active on                             The Chorus II Corporate Class Conservative Portfolio became active on
November 28, 2011. Consequently, its operating results as at February 29, 2012                    November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year                cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                     at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                     Low         Low to    Medium        Medium         High
The Manager has rated this Fund’s risk as low. For a description of the specific risks of                          Medium                  to High
this Fund, see the Fund’s Simplified Prospectus.




                                                                                              |
Chorus ii Corporate Class Conservative portfolio (series a shares)                                                                                                         fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes             ! Before you invest in any fund, you should consider how it would
  and who want to focus on generating a high income return with some long-term                        work with your other investments and your tolerance for risk.
  capital appreciation. The shares of this Portfolio are not eligible for registered plans. The
  shares of this Portfolio are unsuitable for investors who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold the
  fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series A shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series A shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.39% of the Fund’s value.
  As this Fund is a new fund, operating expenses and trading expenses are not yet available.
                                                                            Annual Rate
                                                                      (as a % of the Fund’s value)
                                                                                                      Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                      own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                            n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                        its representatives.
   These are the Fund’s trading costs.                                            n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                  n/a                 The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                      investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               Conservative portfolio (series t4 shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Conservative Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                 November 28, 2011           Portfolio Manager:           Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $33,319,014          Distributions:               Target annual rate of 4% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                    n/a*
                                                                                                                            Income: monthly
                                                                                               Minimum Investment:          $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
65% and 95% of the assets, and among equity securities in a proportion varying from 5% to 35% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                   Investment Mix (as at February 29, 2012)
 1. Desjardins Capital Yield Bond Fund, I-Class                                46.3%           sectorial net asset allocation
 2. Desjardins Short-Term Income Fund, I-Class                                 16.2%                                             l 65.4% Fixed-Income Investment Funds
 3. Desjardins Global Dividend Fund, I-Class                                    5.0%                                             l 33.4% Growth Investment Funds
 4. Claymore S&P/TSX CDN Preferred Share ETF                                    4.9%
                                                                                                                                 l 1.2% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Value Fund, I-Class                              4.2%
 6. Desjardins Emerging Markets Fund, I-Class                                   4.2%
 7. Desjardins Canadian Equity Growth Fund, I-Class                             4.1%
 8. Desjardins Global All Cap Equity Fund, I-Class                              4.0%
 9. Desjardins Dividend Growth Fund, I-Class                                    3.0%
10. iShares Barclays 1-3 Year Credit Bond Fund                                  2.9%
The Fund’s top 10 investments represent 94.8% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                 Year-by-Year Returns (%)
The Chorus II Corporate Class Conservative Portfolio Series T4 became active                   The Chorus II Corporate Class Conservative Portfolio Series T4 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012              on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year             cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                  at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as
up. The Manager has rated this Fund’s risk as low. For a description of the specific              Low        Low to       Medium        Medium         High
risks of this Fund, see the Fund’s Simplified Prospectus.                                                    Medium                     to High




                                                                                           |
Chorus ii Corporate Class Conservative portfolio (series t4 shares)                                                                                                        fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus on generating a high income return some long-term capital                      work with your other investments and your tolerance for risk.
  appreciation. Investors who want to have additional tax-advantaged income
  to complement their income from other sources. The shares of this Portfolio are not
  eligible for registered plans. The shares of this Portfolio are unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T4 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T4 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.39% of the Fund’s value.
  As this Fund is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
                                                                                                       Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a
                                                                                                       provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                         its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                       investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               Conservative portfolio (series t6 shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Conservative Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                 November 28, 2011              Portfolio Manager:        Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $12,330,739             Distributions:            Target annual rate of 6% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                    n/a*
                                                                                                                            Income: monthly
                                                                                                  Minimum Investment:       $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
65% and 95% of the assets, and among equity securities in a proportion varying from 5% to 35% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                      Investment Mix (as at February 29, 2012)
 1. Desjardins Capital Yield Bond Fund, I-Class                                46.3%              sectorial net asset allocation
 2. Desjardins Short-Term Income Fund, I-Class                                 16.2%                                             l 65.4% Fixed-Income Investment Funds
 3. Desjardins Global Dividend Fund, I-Class                                    5.0%                                             l 33.4% Growth Investment Funds
 4. Claymore S&P/TSX CDN Preferred Share ETF                                    4.9%
                                                                                                                                 l 1.2% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Value Fund, I-Class                              4.2%
 6. Desjardins Emerging Markets Fund, I-Class                                   4.2%
 7. Desjardins Canadian Equity Growth Fund, I-Class                             4.1%
 8. Desjardins Global All Cap Equity Fund, I-Class                              4.0%
 9. Desjardins Dividend Growth Fund, I-Class                                    3.0%
10. iShares Barclays 1-3 Year Credit Bond Fund                                  2.9%
The Fund’s top 10 investments represent 94.8% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce
the return on your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                    Year-by-Year Returns (%)
The Chorus II Corporate Class Conservative Portfolio Series T6 became active                      The Chorus II Corporate Class Conservative Portfolio Series T6 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                 on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year                cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                     at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                     Low         Low to    Medium       Medium          High
The Manager has rated this Fund’s risk as low. For a description of the specific risks of                          Medium                 to High
this Fund, see the Fund’s Simplified Prospectus.




                                                                                              |
Chorus ii Corporate Class Conservative portfolio (series t6 shares)                                                                                                        fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus on generating a high income return some long-term capital                      work with your other investments and your tolerance for risk.
  appreciation. Investors who want to have additional tax-advantaged income
  to complement their income from other sources. The shares of this Portfolio are not
  eligible for registered plans. The shares of this Portfolio are unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T6 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T6 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.39% of the Fund’s value.
  As this Fund is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                 Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                         its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                       investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  For more inFormation
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514‑286‑3499, or toll free at 1‑866‑666‑1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               balanCeD inCome portfolio
                                                               (series a shares)
                                                               fund facts as at march 28, 2012

                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Balanced Income Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $52,747,879            Distributions:             Income: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
55% and 70% of the assets, and among equity securities in a proportion varying from 30% to 45% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               45.1%              sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                   8.0%                                              l 55.3% Fixed-Income Investment Funds
 3. Desjardins Short-Term Income Fund, I-Class                                 7.3%                                              l 43.4% Growth Investment Funds
 4. Desjardins Canadian Equity Growth Fund, I-Class                            6.1%
                                                                                                                                 l 1.3% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Value Fund, I-Class                             5.2%
 6. Desjardins Emerging Markets Fund, I-Class                                  5.2%
 7. Desjardins Global All Cap Equity Fund, I-Class                             5.0%
 8. Claymore S&P/TSX CDN Preferred Share ETF                                   4.9%
 9. Desjardins Dividend Growth Fund, I-Class                                   4.0%
10. Desjardins Global Small Cap Equity Fund, I-Class                           3.0%
The Fund’s top 10 investments represent 93.8% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Balanced Income Portfolio became active                            The Chorus II Corporate Class Balanced Income Portfolio became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence                          cannot be shown in this document, as the Fund had not been in existence
for a year at that date.                                                                         for a year at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as low to medium. For a description of the                                 Medium                 to High
specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class balanced income portfolio (series a shares)                                                                                                      fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on generating an income with, to a lesser extent,                       work with your other investments and your tolerance for risk.
  long-term capital appreciation. The shares of this Portfolio are not eligible for registered
  plans. The shares of this Portfolio are unsuitable for investors who want to invest in
  registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series A shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series A shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.46% of the Fund’s value.
  As this Fund is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                 Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                         its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                       investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               balanCeD inCome portfolio
                                                               (series t4 shares)
                                                               fund facts as at march 28, 2012

                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Balanced Income Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $11,259,170            Distributions:             Target annual rate of 4% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
55% and 70% of the assets, and among equity securities in a proportion varying from 30% to 45% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               45.1%              sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                   8.0%                                              l 55.3% Fixed-Income Investment Funds
 3. Desjardins Short-Term Income Fund, I-Class                                 7.3%                                              l 43.4% Growth Investment Funds
 4. Desjardins Canadian Equity Growth Fund, I-Class                            6.1%
                                                                                                                                 l 1.3% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Value Fund, I-Class                             5.2%
 6. Desjardins Emerging Markets Fund, I-Class                                  5.2%
 7. Desjardins Global All Cap Equity Fund, I-Class                             5.0%
 8. Claymore S&P/TSX CDN Preferred Share ETF                                   4.9%
 9. Desjardins Dividend Growth Fund, I-Class                                   4.0%
10. Desjardins Global Small Cap Equity Fund, I-Class                           3.0%
The Fund’s top 10 investments represent 93.8% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Balanced Income Portfolio Series T4 became active                  The Chorus II Corporate Class Balanced Income Portfolio Series T4 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low           Low to    Medium       Medium         High
up. The Manager has rated this Fund’s risk as low to medium. For a description of                                 Medium                 to High
the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class balanced income portfolio (series t4 shares)                                                                                                     fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes               ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on generating an income with, to a lesser extent,                        work with your other investments and your tolerance for risk.
  long-term capital appreciation. Investors who want to have additional tax-advantaged
  income to complement their income from other sources. The shares of this Portfolio are
  not eligible for registered plans. The shares of this Portfolio are unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T4 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T4 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.46% of the Fund’s value.
  As this Fund is a new fund, operating expenses and trading expenses are not yet available.
                                                                              Annual Rate
                                                                        (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                        own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                              n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                          its representatives.
   These are the Fund’s trading costs.                                              n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                    n/a                 The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                        investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               balanCeD inCome portfolio
                                                               (series t6 shares)
                                                               fund facts as at march 28, 2012

                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Balanced Income Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $7,136,765            Distributions:             Target annual rate of 6% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
55% and 70% of the assets, and among equity securities in a proportion varying from 30% to 45% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               45.1%              sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                   8.0%                                              l 55.3% Fixed-Income Investment Funds
 3. Desjardins Short-Term Income Fund, I-Class                                 7.3%                                              l 43.4% Growth Investment Funds
 4. Desjardins Canadian Equity Growth Fund, I-Class                            6.1%
                                                                                                                                 l 1.3% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Value Fund, I-Class                             5.2%
 6. Desjardins Emerging Markets Fund, I-Class                                  5.2%
 7. Desjardins Global All Cap Equity Fund, I-Class                             5.0%
 8. Claymore S&P/TSX CDN Preferred Share ETF                                   4.9%
 9. Desjardins Dividend Growth Fund, I-Class                                   4.0%
10. Desjardins Global Small Cap Equity Fund, I-Class                           3.0%
The Fund’s top 10 investments represent 93.8% of the Fund.
Total number of investments: 13


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Balanced Income Portfolio Series T6 became active                  The Chorus II Corporate Class Balanced Income Portfolio Series T6 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low           Low to    Medium       Medium         High
up. The Manager has rated this Fund’s risk as low to medium. For a description of                                 Medium                 to High
the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class balanced income portfolio (series t6 shares)                                                                                                     fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes               ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on generating an income with, to a lesser extent,                        work with your other investments and your tolerance for risk.
  long-term capital appreciation. Investors who want to have additional tax-advantaged
  income to complement their income from other sources. The shares of this Portfolio are
  not eligible for registered plans. The shares of this Portfolio are unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T6 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T6 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.46% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                              Annual Rate
                                                                        (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                  Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                        own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                              n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                          its representatives.
   These are the Fund’s trading costs.                                              n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                    n/a                 The rate of the commission is a maximum of 0.8% of the annual value of your
                                                                                                        investment, which represents $8 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               balanCeD growth portfolio
                                                               (series a shares)
                                                               fund facts as at march 28, 2012

                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Balanced Growth Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $50,558,248            Distributions:             Income: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
45% and 60% of the assets, and among equity securities in a proportion varying from 40% to 55% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               24.7 %             sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                  10.0 %                                             l 53.8% Growth Investment Funds
 3. iShares DEX Long Term Bond Index Fund                                      7.8 %                                             l 45.7% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Value Fund, I-Class                             7.4 %
                                                                                                                                 l 0.5% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Growth Fund, I-Class                            7.1 %
 6. Desjardins Global All Cap Equity Fund, I-Class                             7.0 %
 7. Desjardins Emerging Markets Fund, I-Class                                  6.3 %
 8. Desjardins Short-Term Income Fund, I-Class                                 5.4 %
 9. Northwest Specialty Global High Yield Bond Fund, Series I                  5.1 %
10. Desjardins Dividend Growth Fund, I-Class                                   5.0 %
The Fund’s top 10 investments represent 85.8% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Balanced Growth Portfolio became active                            The Chorus II Corporate Class Balanced Growth Portfolio became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as low to medium. For a description of the                                 Medium                 to High
specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class balanced growth portfolio (series a shares)                                                                                                      fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes             ! Before you invest in any fund, you should consider how it would
  and who want to focus on striking a balance between income return and long-term                     work with your other investments and your tolerance for risk.
  capital appreciation. The shares of this Portfolio are not eligible for registered plans. The
  shares of this Portfolio are unsuitable for investors who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series A shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series A shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.52% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                            Annual Rate
                                                                      (as a % of the Fund’s value)
                                                                                                      Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                      own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                            n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                        its representatives.
   These are the Fund’s trading costs.                                            n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                  n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                      investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               balanCeD growth portfolio
                                                               (series t5 shares)
                                                               fund facts as at march 28, 2012

                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Balanced Growth Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $9,259,876            Distributions:             Target annual rate of 5% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
45% and 60% of the assets, and among equity securities in a proportion varying from 40% to 55% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               24.7 %             sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                  10.0 %                                             l 53.8% Growth Investment Funds
 3. iShares DEX Long Term Bond Index Fund                                      7.8 %                                             l 45.7% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Value Fund, I-Class                             7.4 %
                                                                                                                                 l 0.5% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Growth Fund, I-Class                            7.1 %
 6. Desjardins Global All Cap Equity Fund, I-Class                             7.0 %
 7. Desjardins Emerging Markets Fund, I-Class                                  6.3 %
 8. Desjardins Short-Term Income Fund, I-Class                                 5.4 %
 9. Northwest Specialty Global High Yield Bond Fund, Series I                  5.1 %
10. Desjardins Dividend Growth Fund, I-Class                                   5.0 %
The Fund’s top 10 investments represent 85.8% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Balanced Growth Portfolio Series T5 became active                  The Chorus II Corporate Class Balanced Growth Portfolio Series T5 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low           Low to    Medium       Medium         High
up. The Manager has rated this Fund’s risk as low to medium. For a description of                                 Medium                 to High
the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class balanced growth portfolio (series t5 shares)                                                                                                     fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus on striking a balance between income return and long-term                      work with your other investments and your tolerance for risk.
  capital appreciation. Investors who want to have additional tax-advantaged income
  to complement their income from other sources. The shares of this Portfolio are not
  eligible for registered plans. The shares of this Portfolio are unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T5 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T5 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.52% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
                                                                                                       Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a
                                                                                                       provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                         its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                       investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               balanCeD growth portfolio
                                                               (series t7 shares)
                                                               fund facts as at march 28, 2012

                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Balanced Growth Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $2,348,019            Distributions:             Target annual rate of 7% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
45% and 60% of the assets, and among equity securities in a proportion varying from 40% to 55% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               24.7 %             sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                  10.0 %                                             l 53.8% Growth Investment Funds
 3. iShares DEX Long Term Bond Index Fund                                      7.8 %                                             l 45.7% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Value Fund, I-Class                             7.4 %
                                                                                                                                 l 0.5% Cash and Cash Equivalents
 5. Desjardins Canadian Equity Growth Fund, I-Class                            7.1 %
 6. Desjardins Global All Cap Equity Fund, I-Class                             7.0 %
 7. Desjardins Emerging Markets Fund, I-Class                                  6.3 %
 8. Desjardins Short-Term Income Fund, I-Class                                 5.4 %
 9. Northwest Specialty Global High Yield Bond Fund, Series I                  5.1 %
10. Desjardins Dividend Growth Fund, I-Class                                   5.0 %
The Fund’s top 10 investments represent 85.8% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Balanced Growth Portfolio Series T7 became active                  The Chorus II Corporate Class Balanced Growth Portfolio Series T7 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as low to medium. For a description                                        Medium                 to High
of the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class balanced growth portfolio (series t7 shares)                                                                                                     fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus on striking a balance between income return and long-term                      work with your other investments and your tolerance for risk.
  capital appreciation. Investors who want to have additional tax-advantaged income
  to complement their income from other sources. The shares of this Portfolio are not
  eligible for registered plans. The shares of this Portfolio are unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T7 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T7 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.52% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                 Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                         its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                       investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               growth portfolio (series a shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Growth Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $34,458,327            Distributions:             Income: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
35% and 50% of the assets, and among equity securities in a proportion varying from 50% to 65% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               18.6%              sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                  12.8%                                              l 63.1% Growth Investment Funds
 3. Desjardins Canadian Equity Growth Fund, I-Class                            9.1%                                              l 35.7% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Value Fund, I-Class                             8.3%
                                                                                                                                 l 1.2% Cash and Cash Equivalents
 5. Desjardins Global All Cap Equity Fund, I-Class                             7.9%
 6. Desjardins Emerging Markets Fund, I-Class                                  7.2%
 7. Desjardins Dividend Growth Fund, I-Class                                   5.9%
 8. iShares DEX Long Term Bond Index Fund                                      5.8%
 9. Desjardins Global Small Cap Equity Fund, I-Class                           5.0%
10. Northwest Specialty Global High Yield Bond Fund, Series I                  5.0%
The Fund’s top 10 investments represent 85.6% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Growth Portfolio became active on                                  The Chorus II Corporate Class Growth Portfolio became active on
November 28, 2011. Consequently, its operating results as at February 29, 2012                   November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as low to medium. For a description                                        Medium                 to High
of the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class growth portfolio (series a shares)                                                                                                               fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes             ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation and,                       work with your other investments and your tolerance for risk.
  to a lesser extent, generate an income. The shares of this Portfolio are not eligible
  for registered plans. The shares of this Portfolio are unsuitable for investors who want
  to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series A shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series A shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.65% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                            Annual Rate
                                                                      (as a % of the Fund’s value)
                                                                                                      Trailing Commission
   Management Expense Ratio (MER)
                                                                                                      Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                      own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                            n/a
                                                                                                      provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                        its representatives.
   These are the Fund’s trading costs.                                            n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                  n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                      investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               growth portfolio (series t5 shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Growth Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $1,081,188            Distributions:             Target annual rate of 5% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
35% and 50% of the assets, and among equity securities in a proportion varying from 50% to 65% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               18.6%              sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                  12.8%                                              l 63.1% Growth Investment Funds
 3. Desjardins Canadian Equity Growth Fund, I-Class                            9.1%                                              l 35.7% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Value Fund, I-Class                             8.3%
                                                                                                                                 l 1.2% Cash and Cash Equivalents
 5. Desjardins Global All Cap Equity Fund, I-Class                             7.9%
 6. Desjardins Emerging Markets Fund, I-Class                                  7.2%
 7. Desjardins Dividend Growth Fund, I-Class                                   5.9%
 8. iShares DEX Long Term Bond Index Fund                                      5.8%
 9. Desjardins Global Small Cap Equity Fund, I-Class                           5.0%
10. Northwest Specialty Global High Yield Bond Fund, Series I                  5.0%
The Fund’s top 10 investments represent 85.6% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Growth Portfolio Series T5 became active on                        The Chorus II Corporate Class Growth Portfolio Series T5 became active on
November 28, 2011. Consequently, its operating results as at February 29, 2012                   November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as low to medium. For a description                                        Medium                 to High
of the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class growth portfolio (series t5 shares)                                                                                                              fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation and,                        work with your other investments and your tolerance for risk.
  to a lesser extent, generate an income. Investors who want to have additional
  tax-advantaged income to complement their income from other sources. The shares
  of this Portfolio are not eligible for registered plans. The shares of this Portfolio are
  unsuitable for investors who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T5 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T5 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.65% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                 Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                         its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                       investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               growth portfolio (series t7 shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class Growth Portfolio. You can find more detailed information in the Fund’s
Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                          $2,105,458            Distributions:             Target annual rate of 7% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
35% and 50% of the assets, and among equity securities in a proportion varying from 50% to 65% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Capital Yield Bond Fund, I-Class                               18.6%              sectorial net asset allocation
 2. Desjardins Global Dividend Fund, I-Class                                  12.8%                                              l 63.1% Growth Investment Funds
 3. Desjardins Canadian Equity Growth Fund, I-Class                            9.1%                                              l 35.7% Fixed-Income Investment Funds
 4. Desjardins Canadian Equity Value Fund, I-Class                             8.3%
                                                                                                                                 l 1.2% Cash and Cash Equivalents
 5. Desjardins Global All Cap Equity Fund, I-Class                             7.9%
 6. Desjardins Emerging Markets Fund, I-Class                                  7.2%
 7. Desjardins Dividend Growth Fund, I-Class                                   5.9%
 8. iShares DEX Long Term Bond Index Fund                                      5.8%
 9. Desjardins Global Small Cap Equity Fund, I-Class                           5.0%
10. Northwest Specialty Global High Yield Bond Fund, Series I                  5.0%
The Fund’s top 10 investments represent 85.6% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class Growth Portfolio Series T7 became active on                        The Chorus II Corporate Class Growth Portfolio Series T7 became active on
November 28, 2011. Consequently, its operating results as at February 29, 2012                   November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as                      Low           Low to    Medium       Medium         High
up. The Manager has rated this Fund’s risk as low to medium. For a description of                                 Medium                 to High
the specific risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class growth portfolio (series t7 shares)                                                                                                              fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes and         ! Before you invest in any fund, you should consider how it would
  who want to focus mainly on procuring long-term capital appreciation and, to a lesser               work with your other investments and your tolerance for risk.
  extent, generate an income. Investors who want to have additional tax-advantaged
  income to complement their income from other sources. The shares of this Portfolio are
  not eligible for registered plans. The shares of this Portfolio are unsuitable for investors
  who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T7 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T7 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.65% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                            Annual Rate
                                                                      (as a % of the Fund’s value)
                                                                                                      Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                      own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                            n/a                 provided by your broker. The broker may pay part of such commission to
   Trading Expense Ratio (TER)                                                                        its representatives.
   These are the Fund’s trading costs.                                            n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                  n/a                 The rate of the commission is a maximum of 0.9% of the annual value of your
                                                                                                      investment, which represents $9 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                             What you pay
   Short-Term Trading Fee                          Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                   None
   Change Fee                                      None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               high growth portfolio (series a shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class High Growth Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                         $10,842,359            Distributions:             Income: annually
Management Expense Ratio (MER):                                                   n/a*           Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
10% and 35% of the assets, and among equity securities in a proportion varying from 65% to 90% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Global Dividend Fund, I-Class                                  15.4%              sectorial net asset allocation
 2. Desjardins Canadian Equity Value Fund, I-Class                            11.1%                                              l 76.3% Growth Investment Funds
 3. Desjardins Canadian Equity Growth Fund, I-Class                           10.8%                                              l 21.1% Fixed-Income Investment Funds
 4. Desjardins Global All Cap Equity Fund, I-Class                            10.6%
                                                                                                                                 l 2.6% Cash and Cash Equivalents
 5. Desjardins Capital Yield Bond Fund, I-Class                                9.8%
 6. Desjardins Emerging Markets Fund, I-Class                                  9.0%
 7. Desjardins Dividend Growth Fund, I-Class                                   6.7%
 8. Desjardins Global Small Cap Equity Fund, I-Class                           5.9%
 9. Claymore S&P/TSX CDN Preferred Share ETF                                   5.0%
10. Northwest Specialty Global High Yield Bond Fund, Series I                  4.9%
The Fund’s top 10 investments represent 89.2% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class High Growth Portfolio became active on                             The Chorus II Corporate Class High Growth Portfolio became active on
November 28, 2011. Consequently, its operating results as at February 29, 2012                   November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as medium. For a description of the specific                               Medium                 to High
risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class high growth portfolio (series a shares)                                                                                                          fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes               ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation some level of                work with your other investments and your tolerance for risk.
  income. The shares of this Portfolio are not eligible for registered plans. The shares of this
  Portfolio are unsuitable for investors who want to invest in registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series A shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series A shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.81% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                              Annual Rate
                                                                        (as a % of the Fund’s value)
                                                                                                        Trailing Commission
   Management Expense Ratio (MER)
                                                                                                        Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                        own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                              n/a
                                                                                                        provided by your broker. The broker may pay part of such commission
   Trading Expense Ratio (TER)                                                                          to its representatives.
   These are the Fund’s trading costs.                                              n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                    n/a                 The rate of the commission is a maximum of 1.0% of the annual value of your
                                                                                                        investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               high growth portfolio (series t6 shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class High Growth Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                            $482,897            Distributions:             Target annual rate of 6% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
10% and 35% of the assets, and among equity securities in a proportion varying from 65% to 90% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Global Dividend Fund, I-Class                                  15.4%              sectorial net asset allocation
 2. Desjardins Canadian Equity Value Fund, I-Class                            11.1%                                              l 76.3% Growth Investment Funds
 3. Desjardins Canadian Equity Growth Fund, I-Class                           10.8%                                              l 21.1% Fixed-Income Investment Funds
 4. Desjardins Global All Cap Equity Fund, I-Class                            10.6%
                                                                                                                                 l 2.6% Cash and Cash Equivalents
 5. Desjardins Capital Yield Bond Fund, I-Class                                9.8%
 6. Desjardins Emerging Markets Fund, I-Class                                  9.0%
 7. Desjardins Dividend Growth Fund, I-Class                                   6.7%
 8. Desjardins Global Small Cap Equity Fund, I-Class                           5.9%
 9. Claymore S&P/TSX CDN Preferred Share ETF                                   5.0%
10. Northwest Specialty Global High Yield Bond Fund, Series I                  4.9%
The Fund’s top 10 investments represent 89.2% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class High Growth Portfolio Series T6 became active                      The Chorus II Corporate Class High Growth Portfolio Series T6 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as medium. For a description of the specific                               Medium                 to High
risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class high growth portfolio (series t6 shares)                                                                                                         fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation some level of               work with your other investments and your tolerance for risk.
  income. Investors who want to have additional tax-advantaged income to complement
  their income from other sources. The shares of this Portfolio are not eligible for registered
  plans. The shares of this Portfolio are unsuitable for investors who want to invest in
  registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T6 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T6 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.81% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
   This is the total of the Fund’s management fees and                                                 Desjardins Funds pays your broker a trailing commission for as long as you
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a                 provided by your broker. The broker may pay part of such commission
   Trading Expense Ratio (TER)                                                                         to its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 1.0% of the annual value of your
                                                                                                       investment, which represents $10 for every $1,000 invested.

  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i change my mind?
  Under securities law in some provinces and territories, you have the right to:
  • withdraw from an agreement to buy mutual fund shares within two business days after you receive a Simplified Prospectus; or
  • cancel your purchase within 48 hours after you receive confirmation of the purchase.
  In some provinces and territories, you also have the right to cancel a purchase, or in some jurisdictions, claim damages, if the Simplified Prospectus, Annual Information Form or
  Financial Statements contain misrepresentations. You must act within the time limit set by the securities law in your province or territory. For more information, see the securities
  law of your province or territory or ask a lawyer.




  for more information
  The Simplified Prospectus and other information documents for the Fund are available upon request:
    • by contacting your Desjardins advisor; or
      Desjardins Investments Inc.
      Desjardins Funds Customer Service
      2 Complexe Desjardins, P.O. Box 9000, Desjardins Station
      Montréal, Québec H5B 1H5
    • at desjardinsfunds.com; or
    • by email at info.fondsdesjardins@desjardins.com; or
    • by calling, in the Montréal area, at 514-286-3499, or toll free at 1-866-666-1280
  These documents and the Fund Facts make up the Fund’s legal documents.
                                                               Chorus ii Corporate Class
                                                               high growth portfolio (series t8 shares)
                                                               fund facts as at march 28, 2012



                                                                                                                                                     Desjardins Investments Inc.

This document contains key information you should know about the Chorus II Corporate Class High Growth Portfolio. You can find more detailed information in the
Fund’s Simplified Prospectus. Ask your advisor for a copy, contact Desjardins Investments Inc., at 514-286-3499 or 1-866-666-1280, or visit desjardinsfunds.com.

Quick Facts
Date Fund Created:                                                November 28, 2011              Portfolio Manager:         Desjardins Global Asset Management Inc.
Total Value on February 29, 2012:                                            $243,114            Distributions:             Target annual rate of 8% of the security’s net asset
                                                                                                                            value on the last day of the previous calendar year.
Management Expense Ratio (MER):                                                   n/a*
                                                                                                                            Income: monthly
                                                                                                 Minimum Investment:        $100,000 (initial), $25 (subsequent)
*   This information is not available as this is a new fund.


What does the Fund invest in?
The assets of the Fund consist mainly of the units of mutual funds which themselves invest in equity and fixed-income securities throughout the world. This portfolio might also
hold exchange-traded funds as well as individual equity and fixed-income securities. The Portfolio is allocated among fixed-income securities in a proportion varying between
10% and 35% of the assets, and among equity securities in a proportion varying from 65% to 90% of the assets.
The charts below give you a snapshot of the Fund’s investments on February 29, 2012. The Fund’s investments will change.

Top 10 Investments (as at February 29, 2012)                                                     Investment Mix (as at February 29, 2012)


 1. Desjardins Global Dividend Fund, I-Class                                  15.4%              sectorial net asset allocation
 2. Desjardins Canadian Equity Value Fund, I-Class                            11.1%                                              l 76.3% Growth Investment Funds
 3. Desjardins Canadian Equity Growth Fund, I-Class                           10.8%                                              l 21.1% Fixed-Income Investment Funds
 4. Desjardins Global All Cap Equity Fund, I-Class                            10.6%
                                                                                                                                 l 2.6% Cash and Cash Equivalents
 5. Desjardins Capital Yield Bond Fund, I-Class                                9.8%
 6. Desjardins Emerging Markets Fund, I-Class                                  9.0%
 7. Desjardins Dividend Growth Fund, I-Class                                   6.7%
 8. Desjardins Global Small Cap Equity Fund, I-Class                           5.9%
 9. Claymore S&P/TSX CDN Preferred Share ETF                                   5.0%
10. Northwest Specialty Global High Yield Bond Fund, Series I                  4.9%
The Fund’s top 10 investments represent 89.2% of the Fund.
Total number of investments: 15


hoW has the Fund perFormed?
This section tells you how the Fund has performed over the past ten years. Returns are after the expenses have been deducted. These expenses reduce the return on
your investments.
It’s important to note that the Fund’s past performance is not necessarily indicative of how the Fund will perform in the future. Also, your actual after-tax return will depend on
your personal tax situation.
Average Return                                                                                   Year-by-Year Returns (%)
The Chorus II Corporate Class High Growth Portfolio Series T8 became active                      The Chorus II Corporate Class High Growth Portfolio Series T8 became active
on November 28, 2011. Consequently, its operating results as at February 29, 2012                on November 28, 2011. Consequently, its operating results as at February 29, 2012
cannot be shown in this document, as the Fund had not been in existence for a year               cannot be shown in this document, as the Fund had not been in existence for a year
at that date.                                                                                    at that date.

hoW risky is it?
When you invest in a fund, the value of your investment can go down as well as up.                  Low           Low to    Medium       Medium         High
The Manager has rated this Fund’s risk as medium. For a description of the specific                               Medium                 to High
risks of this Fund, see the Fund’s Simplified Prospectus.




                                                                                             |
Chorus ii Corporate Class high growth portfolio (series t8 shares)                                                                                                         fund facts

  are there any guarantees?
  Like most mutual funds, this Fund doesn’t have any guarantees. You may not get back the money you invest.

  Who is this Fund For?
  Investors who are looking for a turnkey solution containing a variety of asset classes              ! Before you invest in any fund, you should consider how it would
  and who want to focus mainly on procuring long-term capital appreciation some level of               work with your other investments and your tolerance for risk.
  income. Investors who want to have additional tax-advantaged income to complement
  their income from other sources. The shares of this Portfolio are not eligible for registered
  plans. The shares of this Portfolio are unsuitable for investors who want to invest in
  registered plans.

  a Word about tax
  In general, you will have to pay income tax on any money you make on a fund. How much you pay depends on the tax laws where you live and on whether or not you hold
  the fund in a registered plan such as a Registered Retirement Savings Plan or a Tax-Free Savings Account.
  Keep in mind that if you hold your fund in a non-registered account, fund distributions are included in your taxable income, whether you get them in cash or have
  them reinvested.

  hoW much does it cost?
  The following tables show the fees and expenses you could pay to buy, own and sell Series T8 shares of the Fund. The Fund has other series of shares. You should ask about other
  series of shares that may be suitable for you.
  1. Sales Charges
  Series T8 shares are no load. That means you pay no initial sales charge and no deferred sales charge.
  2. Fund Expenses
  You don’t pay these expenses directly. They affect you because they reduce the Fund’s returns.
  The Fund fees are made up of the management fees, operating expenses and trading expenses. The Fund’s annual management fees are 1.81% of the Fund’s value. As this Fund
  is a new fund, operating expenses and trading expenses are not yet available.
                                                                             Annual Rate
                                                                       (as a % of the Fund’s value)
                                                                                                       Trailing Commission
   Management Expense Ratio (MER)
                                                                                                       Desjardins Funds pays your broker a trailing commission for as long as you
   This is the total of the Fund’s management fees and
                                                                                                       own shares of the Fund. That commission covers the services and the advice
   operating expenses.                                                             n/a
                                                                                                       provided by your broker. The broker may pay part of such commission
   Trading Expense Ratio (TER)                                                                         to its representatives.
   These are the Fund’s trading costs.                                             n/a                 The trailing commission is paid out of the management fees.
   Fund Expenses                                                                   n/a                 The rate of the commission is a maximum of 1.0% of the annual value of your
                                                                                                       investment, which represents $10 for every $1,000 invested.
  3. Other Fees
  You may have to pay other fees when you sell or switch shares of the Fund.
   Fee                                              What you pay
   Short-Term Trading Fee                           Up to 2% of the value of the shares you sell or switch within 90 days of purchase. These fees are paid to the Fund.
   Switching Fee                                    None
   Change Fee                                       None

  What iF i