Divided into three categories, the new ETFs allow the firm to diversify its offerings
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Desjardins Global Asset Management (DGAM) has launched seven exchange-traded funds for trading on the TSX. A new addition to the firm’s global investment solutions, all seven ETFs will be managed and advised by DGAM, which will be relying on teams specialized in different asset classes.
The names of the new ETFs, along with their corresponding ticker symbols and annual management fees — which will be based on a percentage of the net asset value of the corresponding ETF — are given below:
| Exchange Traded Funds (ETF) | Ticker Symbols (TSX) | Management Fees |
| Desjardins Canadian Fixed Income ETFs | ||
| Desjardins Canadian Universe Bond Index ETF | DCU | 0.10 % |
| Desjardins Canadian Short Term Bond Index ETF | DCS | 0.15 % |
| Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF | DCC | 0.25 % |
| Desjardins 1-5 year Laddered Canadian Government Bond Index ETF | DCG | 0.20 % |
| Desjardins Canadian Preferred Share ETF | ||
| Desjardins Canadian Preferred Share Index ETF | DCP | 0.45 % |
| Desjardins Multifactor-Controlled Volatility ETFs | ||
| Desjardins Canada Multifactor-Controlled Volatility ETF | DFC | 0.50 % |
| Desjardins USA Multifactor-Controlled Volatility ETF | DFU | 0.50 % |
Two other Desjardin ETFs, the Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF and the Desjardins Emerging Markets Multifactor-Controlled Volatility ETF, are projected to start trading in the second quarter.
“The full suite of Desjardins ETFs include four fixed income funds, one preferred share fund and four multifactor-controlled volatility funds that take into account the analysis of six factors,” said Nicolas Richard, chief executive officer of DGAM.
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