Montreal-based Desjardins Investments Inc. has reduced the management fees for 32 of its mutual funds by up to 25 basis points. For example, management fees for A-class units of Desjardins Overseas Equity Growth Fund now are 2%, down from 2.2%. As well, management fees for A-class units of Desjardins Canadian Equity Value Fund now are 1.85%, down from 2.05%. Meanwhile, management fees for F-class units of Desjardins Emerging Markets Fund now are 1%, down from 1.21%. In addition to these fee reductions, Desjardins also has announced plans to merge two mutual funds: Desjardins Canadian Equity Growth Fund will be merged with Desjardins Canadian Equity Fund. The merger is expected to take place on March 23.