Montreal-based Desjardins Investments Inc. Tuesday announced portfolio management changes for Desjardins Dividend Income Fund.

Desjardins Global Asset Management Inc. will now serve as the portfolio manager for the fund and will oversee asset allocation decisions and the management of fixed-income securities and Canadian equities portfolios.

Aberdeen Asset Management Inc. will continue as sub-portfolio manager of foreign securities.

Desjardins Investments has also approved changes to the fund’s investment strategies, in line with Desjardins Global Asset Management’s investment philosophy. However, the fund’s investment objective remains unchanged.

These changes will come into effect on November 17, Desjardins says.