09:45:30 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Desjardins American Equity Index ETF
Symbol DMEU
Shares Issued 100,000
Close 2024-04-18 C$ 19.87
Market Cap C$ 1,987,000
Recent Sedar Documents

Desjardins rolls out four Index ETFs

2024-04-18 13:37 ET - News Release

See News Release (C-DCBC) Desjardins Canadian Corporate Bond Index ETF

Mr. Frederick Tremblay reports

DESJARDINS LAUNCHES FOUR INDEX EXCHANGE TRADED FUNDS

Desjardins Investments Inc. (DI), acting as manager for Desjardins exchange-traded funds (ETFs), has launched four new index exchange-traded funds. Each of the Desjardins ETFs listed in the attached table has closed the initial offering of units, and those units will begin trading on the Toronto Stock Exchange (TSX) today.

"We're proud to expand our range of Desjardins ETFs and launch these core components, designed to meet investors' needs for diversification and portfolio construction and to help empower them financially," said Frederick Tremblay, managing director and head of investment solutions at Desjardins.

The attached table shows a list of the four Desjardins ETFs that will commence trading on the TSX today as well as their corresponding ticker symbols and management fees.

Desjardins Canadian Corporate Bond Index ETF (TSX: DCBC): The fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a Canadian corporate bond index. Currently, the fund seeks to replicate the performance of the Solactive Canadian Bond Universe Corporate TR Index. Under normal market conditions, the fund will primarily invest in corporate bonds issued in the Canadian market.

Desjardins Canadian Equity Index ETF (TSX: DMEC): The fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a Canadian equity index. Currently, the fund seeks to replicate the performance of the Solactive Canada Broad Market Index (CA NTR). Under normal market conditions, the fund will primarily invest in large and mid-cap securities of Canadian companies.

Desjardins American Equity Index ETF (TSX: DMEU): The fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of an American equity index. Currently, the fund seeks to replicate the performance of the Solactive GBS United States 500 CAD Index (CA NTR). Under normal market conditions, the fund will primarily invest in large and mid-cap securities of American companies.

Desjardins International Equity Index ETF (TSX: DMEI): The fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of an international equity index. Currently, the fund seeks to replicate the performance of the Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index (CA NTR). Under normal market conditions, the fund will primarily invest in large and mid-cap securities of international companies.

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