The ETF expands the firm's suite of multifactor-controlled volatility products
Desjardins Global Asset Management (DGAM) has expanded its suite of multifactor-controlled volatility ETFs with a new emerging-market fund. With a management fee of 0.65%, the Desjardins Emerging Markets Multifactor-Controlled Volatility ETF is listed on the TSX with the ticker symbol DFE.
“Given our earlier launches of developed market ETFs, an emerging market solution was the next major market segment selected for our multifactor-controlled volatility ETF approach,” said Nicolas Richard, chief operating officer of DGAM. “We are now in a position to offer our unique and innovative construction strategy to all of our clients for all of the major markets of the world.”
DFE seeks to replicate, to the extent reasonably possible, the performance of an emerging markets multifactor-controlled volatility equity index. The fund’s current benchmark is the Scientific Beta Emerging Markets Multifactor-Controlled Volatility Index, which is used under license EDHEC Risk Institute Asia.
Under normal market conditions, DSE is primarily invested in emerging-markets securities. The fund is eligible for use in RRSPs, RRIFs, RDSPs, DPSPs, RESPs, and TFSAs.
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“Given our earlier launches of developed market ETFs, an emerging market solution was the next major market segment selected for our multifactor-controlled volatility ETF approach,” said Nicolas Richard, chief operating officer of DGAM. “We are now in a position to offer our unique and innovative construction strategy to all of our clients for all of the major markets of the world.”
DFE seeks to replicate, to the extent reasonably possible, the performance of an emerging markets multifactor-controlled volatility equity index. The fund’s current benchmark is the Scientific Beta Emerging Markets Multifactor-Controlled Volatility Index, which is used under license EDHEC Risk Institute Asia.
Under normal market conditions, DSE is primarily invested in emerging-markets securities. The fund is eligible for use in RRSPs, RRIFs, RDSPs, DPSPs, RESPs, and TFSAs.
Related stories:
New robotics and automation ETF introduced
Manulife expands multifactor ETF line-up