Desjardins Investments Inc. has launched 16 mutual funds on the Toronto Stock Exchange’s NAVex platform, which allows IIROC-registered advisors to bulk trade mutual funds.
In a release, Desjardins said it now has the largest number of mutual funds on the platform, including seven responsible investment funds “that are 100% free of oil production and pipelines.”
Desjardins president and CEO Guy Cormier said his firm is focused on developing products for investors “who want to see their investment grow while supporting businesses that promote sustainable development and social responsibilities.”
The other Desjardins mutual funds now trading on NAVex include six equities funds, two global bond funds and one global infrastructure fund.
“The launch of these funds on TSX NAVex significantly expands our product offering and enables dealers and advisors to take advantage of the platform’s unique features, including an efficient, cost-effective transaction process,” said Kevin Sampson, president of equity trading, TMX Group, in the release.