Investissement Desjardins

What Investissement Desjardins does

Investissement Desjardins is the investment-management arm of the Mouvement Desjardins cooperative financial group, operating under the legal name Desjardins Société de placement inc. The business is organized around Desjardins Gestion internationale d'actifs (DGIA), an internal asset manager founded in 1998 that oversees $118.76 billion in assets under management (as of December 31, 2025) through a team of approximately 100 investment professionals. DGIA operates a multi-manager platform combining internal expertise with sub-advisory relationships from global asset managers including PIMCO, Baillie Gifford, Wellington, Lazard, ClearBridge, Impax, Mondrian, Hermes, Altrinsic, Mirova, Amundi, and Sarasin, covering equities, fixed income, real assets, and quantitative strategies.

The product shelf spans four core categories: mutual funds (Fonds Desjardins) covering Canadian and global equities, fixed income, and balanced mandates; exchange-traded funds (FNB Desjardins) across index, responsible-investment, fixed-income, and alternative mandates; structured notes (Billets Structurés Desjardins) in capital-protected and non-capital-protected formats; and savings and term deposits. The SociéTerre responsible-investment sub-brand extends across funds, ETFs, and portfolios, representing Canada's widest RI shelf at 50+ products with $12.4B in RI AUM and a 33+ year track record dating to the 1990 launch of Canada's first environmental fund. Additional offerings include private infrastructure (Fonds Desjardins Infrastructures privées mondiales), guaranteed-investment contracts (Helios2), market-linked term investments (Garantie Avantage), and responsible annuities.

Revenue is generated predominantly through recurring management fees embedded in fund MERs (0.19%-2.22% by class), supplemented by structured-note distribution and structuring fees, ETF management fees, and fees from guaranteed-investment products. Go-to-market is sales-led via financial advisors and the Mouvement Desjardins cooperative caisse network in Quebec, with parallel direct-to-consumer access through Desjardins Courtage en ligne, the AccèsD platform, and Valeurs mobilières Desjardins. Customer segments include individual retail investors, registered financial advisors and broker-dealers, and high-net-worth individuals with access to institutional share classes. The entity is privately held under the Fédération des caisses Desjardins du Québec, the governing body of the Mouvement Desjardins — the largest financial cooperative in North America and sixth largest globally — and is headquartered in Montreal, Canada.

Name

Investissement Desjardins

Legal name

Desjardins Société de placement inc.

Website

https://fondsdesjardins.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

10,001+ employees

Short description

Investissement Desjardins is the investment-management arm of the Mouvement Desjardins cooperative, offering mutual funds, ETFs, structured notes, and responsible-investment products through DGIA ($118.76B AUM). It serves Canadian retail investors, financial advisors, and high-net-worth individuals via the Desjardins caisse network and online brokerage channels.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAAAEAI

ESG/SRI/Impact Mutual Funds

Financial & Insurance/Asset & Wealth Management/Asset Management — Mutual Funds & UCITS

SECONDARYFSAAAFAJ

ESG/SRI & Climate ETFs

Financial & Insurance/Asset & Wealth Management/Asset Management — ETFs & Index Funds

SECONDARYFSAAALAE

ESG Indexing & ESG ETFs (Rules-Based ESG Benchmarks and Passive Products)

Financial & Insurance/Asset & Wealth Management/Asset Management — ESG/Sustainable & Impact Investing

SECONDARYFSAAAJAJ

Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns)

Financial & Insurance/Asset & Wealth Management/Asset Management — Multi-Asset & Balanced

Keywords

• Mutual funds management
• Responsible investment products
• Exchange-traded funds
• Structured notes issuance
• Cooperative asset management

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain, Others

Revenue model

1. Mutual Fund Management Fees: Desjardins earns management fees (frais de gestion) from its suite of mutual funds, typically ranging from 0.27% to 2.22% depending on fund category and share class. These fees are embedded in the fund's management expense ratio (MER).
2. ETF Management Fees: Management fees collected from Exchange-Traded Funds (FNB Desjardins) listed on the TSX, with lower expense ratios than traditional mutual funds.
3. Structured Notes Distribution: Distribution and structuring fees from capital-protected and non-capital-protected structured notes, with over 25 years of market leadership.
4. Guaranteed Investment Products: Fees from guaranteed investment products including Helios2 segregated funds and Garantie Avantage term investments.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Investissement Desjardins manufactures and distributes Canadian and global investment products including mutual funds, exchange-traded funds (ETFs), structured notes, savings accounts, term deposits, and private infrastructure funds. The suite is anchored by the SociéTerre responsible investment line integrating ESG criteria, with internal management by DGIA ($118.76B AUM, 100 professionals) and sub-advisory partnerships from global managers such as PIMCO, Baillie Gifford, Impax, Amundi, and Wellington Management.

Product overview

Desjardins offers a comprehensive investment platform comprising mutual funds (Fonds Desjardins), exchange-traded funds (FNB Desjardins), structured notes (Billets Structurés), and savings products, all unified under the Desjardins investment solutions brand. The core offerings are complemented by the SociéTerre responsible investment sub-brand spanning both funds and portfolios, which represents Canada's broadest responsible investment product range. DGIA (Desjardins Gestion Internationale d'Actifs) serves as the internal investment management platform overseeing $118.76B in assets, while external sub-managers including PIMCO, Baillie Gifford, ClearBridge, Impax, Mirova, and others provide specialized expertise. Additional products include private infrastructure funds, guaranteed investment contracts (Helios2), and market-linked investments, creating a complete ecosystem from conservative savings to sophisticated alternative investments.

Differentiator

Problem solved

Functional benefit

Brands

• SociéTerre: Responsible investment fund and portfolio lineup integrating ESG criteria with financial performance
• FNB Desjardins
• Billets structurés Desjardins
• Portefeuilles Desjardins
• Diapason
• Diapason Revenu

Products and services

• Fonds Desjardins (Desjardins Mutual Funds) Comprehensive suite of mutual funds covering Canadian and global equities, fixed income, balanced portfolios, and specialized themes including responsible investing, distributed through registered advisors, discount brokers, and the Desjardins cooperative network.
• FNB Desjardins (Desjardins ETFs) Exchange-traded funds including index ETFs, responsible investment ETFs, fixed income ETFs, and alternative ETFs listed on the TSX, managed by Desjardins.
• Billets Structurés Desjardins (Desjardins Structured Notes) Capital-protected and non-capital-protected structured notes offering innovative structures adapted to various market views and client needs, with over 25 years of market leadership and 0.25% annual commission.
• Épargne et Placements Desjardins (Savings and Investments) Savings accounts including the Compte d'épargne-placement (savings investment account) and term deposits (Dépôt à terme) with capital protection and negotiable rates for investments over $1,000,000.
• Fonds et Portefeuilles SociéTerre (SociéTerre Responsible Investment Funds) Responsible investment funds and portfolios incorporating ESG criteria via exclusion filters, best-in-class selection, and shareholder engagement, representing Canada's widest range of responsible investment products across all asset classes.
• Fonds Desjardins Infrastructures Privées Mondiales (Global Private Infrastructure Fund) Private placement fund offering access to global private infrastructure investments, available to pre-qualified Canadian investors under exempt distribution.
• Desjardins Gestion Internationale d'Actifs (DGIA) Internal asset management arm managing $118.76 billion in assets with 100 investment professionals, providing expertise in equities, fixed income, and real assets across various investment vehicles in combination with sub-advisory partners.
• Portefeuilles Desjardins (Desjardins Portfolio Solutions) Ready-made portfolio solutions including Diapason, Stratégie active, and SociéTerre lines, offering various risk profiles from conservative to aggressive across multiple asset classes.
• Fonds de Placement Garanti - Contrat Helios2 Guaranteed investment fund contract unique in Canada with inflation-adjusted death benefit (75/100i and 100/100i options), offered through Desjardins Assurances as segregated funds.
• Placements à Terme Liés aux Marchés - Garantie Avantage Market-linked term investments with 100% capital guarantee at maturity and death, offered through Desjardins Assurances.
• Rentes Responsables (Responsible Annuities) Responsible annuities including deferred annuity for advanced age, the first of their kind in Canada, combining retirement income with responsible investment principles.

Quantifiable outcome

• Net zero CO2 impact: -1,000 tonnes (1,900 tonnes emitted minus 2,900 tonnes avoided) for SociéTerre Clean Technologies Fund
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Partnerships

20 partnerships are on record, tiered core.

• BlackRock Asset Management Canada LimitedcoreTechnology or Integration · 31 August 2026BlackRock currently provides index management for Global Government Bonds Fund; will be replaced by DGIA effective August 31, 2026.
• Wellington Management Company LLPcoreTechnology or Integration · 22 June 2026Wellington was sub-advisor for Emerging Markets Opportunities Fund until June 22, 2026 when replaced by DGIA.
• Gestion d'actifs Picton MahoneycoreTechnology or Integration · 23 February 2026As of February 23, 2026, Picton Mahoney replaced Fiera Capital as sub-advisor for Canadian Small Cap Fund.
• Amundi Asset ManagementcoreTechnology or Integration · 26 March 2025As of March 26, 2025, Amundi became sub-advisor for SociéTerre Global Corporate Bonds Fund and Global Corporate Bonds Fund.
• Ninety One North AmericacoreTechnology or Integration · 3 December 2024Since December 3, 2024, Ninety One North America provides international equity management for SociéTerre International Equity Fund.
• PIMCO Canada Corp.coreTechnology or IntegrationPIMCO serves as sub-advisory partner for specific Desjardins fixed income funds, bringing global fixed income expertise to the platform.
• Corporation Fiera CapitalcoreTechnology or IntegrationFiera Capital provides sub-advisory services for select equity funds, with PineStone Asset Management (formerly StonePine) serving as sub-sub-advisor for the Overseas Fund.
• MondriancoreTechnology or IntegrationMondrian provides international equity management expertise for Desjardins global equity strategies.
• Impax Asset ManagementcoreTechnology or IntegrationImpax provides specialized expertise in environmental markets and sustainable investing for thematic funds.
• ClearBridge InvestmentscoreTechnology or IntegrationClearBridge provides active equity management expertise for select global and international equity mandates.
• Altrinsic Global AdvisorscoreTechnology or IntegrationAltrinsic provides global asset allocation and international equity management expertise.
• Baillie Gifford Overseas LimitedcoreTechnology or IntegrationBaillie Gifford provides growth-oriented global equity management for multiple Desjardins SociéTerre funds.
• Hermes Investment Management LimitedcoreTechnology or IntegrationHermes (Federated Hermes) provides stewardship-focused fixed income and equity management.
• First Sentier InvestorscoreTechnology or IntegrationFirst Sentier provides international equity management expertise for Desjardins funds.
• Jarislowsky Fraser LtéecoreTechnology or IntegrationJarislowsky Fraser provides Canadian equity management expertise for Desjardins portfolios.
• Lazard Asset Management LLCcoreTechnology or IntegrationLazard was sub-advisor for Global Multifactors Fund until June 22, 2026 when replaced by DGIA. Provides global equity expertise.
• MirovacoreTechnology or IntegrationMirova provides sustainable investing expertise for SociéTerre Environmental Bond Fund and other ESG strategies.
• PGIMcoreTechnology or IntegrationPGIM provides global fixed income and equity management expertise for select Desjardins mandates.
• Sarasin & Partners LLPcoreTechnology or IntegrationSarasin provides global dividend equity expertise for SociéTerre Global Dividend Fund.
• Addenda CapitalcoreTechnology or IntegrationAddenda Capital provides responsible investment management expertise for Desjardins ESG strategies.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• TD Asset Management (TDAM): Bank-owned Canadian asset manager with comparable retail mutual fund, ETF (TD ETFs), and institutional offerings including responsible investment strategies. Competes with Desjardins across retail advisor and direct channels.
• CI Global Asset Management: Major Canadian asset manager offering mutual funds, ETFs (CI ETFs), and alternative investments with strong advisor distribution. Directly comparable to Desjardins in product breadth, advisor channel focus, and retail investment solutions.
• Mackenzie Investments: Major Canadian retail-focused asset manager (part of IGM Financial) offering mutual funds and ETFs with strong advisor distribution. Comparable in scale, advisor-channel focus, and product breadth to Desjardins' fund and ETF lineup.
• Manulife Investment Management (Manulife IM): Global asset manager with substantial Canadian presence offering mutual funds, ETFs, and responsible investment strategies. Comparable in scale, multi-channel distribution (advisors, institutional), and ESG product breadth.
• BMO Global Asset Management: Canadian bank-owned asset manager with strong mutual fund (BMO Funds), ETF (BMO ETFs, including responsible investment ZLU/ZMT lines), and institutional offerings. Direct competitor across retail and institutional segments with similar multi-channel distribution.
• Fidelity Investments Canada: Canadian arm of Fidelity offering mutual funds, ETFs, and responsible investment products (e.g., Fidelity Sustainable World ETF). Direct competitor in retail investment products and Canadian advisor channels.
• iA Gestion de placements (Industrial Alliance): Québec-based asset manager and insurer (iA Financial Group) offering mutual funds, segregated funds, and responsible investment products (e.g., IA Clarington). Closely comparable to Desjardins given shared Québec origin, cooperative-adjacent positioning, and similar product mix across retail and group retirement.
• RBC Global Asset Management (RBC GAM): Canada's largest asset manager (~$600B+ AUM) and the most direct competitor to Desjardins, offering a comparable platform of mutual funds, ETFs, and responsible investment products (RBC Vision) distributed through RBC branches and advisors. Competes head-to-head for Canadian retail and institutional mandates.

Emerging players

• Vanguard Investments Canada: Low-cost passive ETF provider gaining significant Canadian share. While not a direct ESG leader like Desjardins, Vanguard's low-fee model represents the structural competitive pressure forcing fee compression across Canadian asset managers, including Desjardins' own ETF and mutual fund pricing.

Broad incumbents

• BlackRock Canada: Canadian arm of the world's largest asset manager offering iShares ETFs and institutional products. Currently a sub-advisor to Desjardins (Global Government Bonds Fund), illustrating both partnership and competitive overlap in index/ETF and institutional segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gear-up-for-responsible-investment

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments11 records

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Frequently asked questions about Investissement Desjardins