Desjardins receives 18 FundGrade A+ awards, including 9 for DFS guaranteed investment funds

Intermediary Network Sales Support and Expertise January 26, 2022

The sustained performance of our investment solutions was recognized widely at the 2021 FundGrade A+® awards. Nine guaranteed investment funds (GIFs) from Desjardins Financial Security were rewarded for their performance in 2021 at the annual Fundata FundGrade A+® awards ceremony held today.

GIF nameCIFSC category Calculation start date*Number of funds in category
DFS GIF - Maximum GrowthGlobal Equity Balanced2015-01-31894
DFS GIF – ModerateCanadian Fixed Income Balanced2015-01-31666
DFS GIF – BalancedCanadian Neutral Balanced2015-01-31952
DFS GIF - Balanced - Desjardins SocieTerraCanadian Neutral Balanced2016-01-31952
DFS GIF - Growth - Desjardins SocieTerraCanadian Equity Balanced2019-01-31556
DFS GIF - Maximum Growth - Desjardins SocieTerraGlobal Equity Balanced2019-01-31894
DFS GIF - Canadian Balanced - Fiera CapitalCanadian Equity Balanced2012-01-31556
DFS GIF - Canadian Equity - Fidelity True North®Canadian Equity2012-01-31511
DFS GIF – International Equity Growht - DesjardinsInternational Equity2013-01-31313

In addition, 7 Desjardins Investments Inc. mutual funds and 2 Desjardins Global Asset Management exchange traded fund earned a Fundata FundGrade A+® rating. Visit for more information.

"We are very honoured and proud that Fundata recognizes Desjardins' mutual funds, exchange-traded funds and guaranteed investment funds. These awards are a testament to Desjardins' commitment to providing high-performance investment solutions that meet the needs and objectives of our members and clients." said Frederick Tremblay, Manager, Mutual Fund and Guaranteed Investment Development at Desjardins.

Learn more about our GIFs and Helios2 Contract..

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* The FundGrade A+ rating was calculated as at December 31, 2021 for the period from January 1, 2021 to December 31, 2021.

® A+ and FundGrade A+ are registered trademarks of Fundata Canada Inc.

Legal notice

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The FundGrade A+® Awards are presented annually by Fundata Canada Inc. to Canadian investment funds that achieve consistently high FundGrade scores through an entire calendar year. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then equally weighted in calculating a monthly FundGrade rating. The FundGrade ratings are divided between five tranches from “A Grade” (superior performance) to “E Grade” (lower performance). The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA (Grade Point Average)-style calculation, where each monthly FundGrade rating from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. The FundGrade grades are subject to change each month. For more information, please see the web site Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

DFS Guaranteed Investment Funds are established by Desjardins Financial Security Life Assurance Company. Helios2 and DFS Guaranteed Investment Funds are registered trademarks of Desjardins Financial Security Life Assurance Company. DESJARDINS INSURANCE refers to Desjardins Financial Security Life Assurance Company. DESJARDINS, DESJARDINS INSURANCE and related trademarks are trademarks of the Fédération des caisses Desjardins du Québec used under license.