Desjardins announces management fee reductions for certain Desjardins ETFs


MONTREAL, October 15, 2021 / CNW Telbec / – Desjardins Global Asset Management Inc. (“DGIA“), as manager of the Desjardins Exchange Traded Funds, today announced management fee reductions for certain Desjardins ETFs.

“The reduction in management fees is an example of DGIA’s unwavering commitment to help make Desjardins ETFs more accessible to investors in order to achieve their long-term goals,” said Nicolas richard, President and CEO of DGIA.

“By doing so, DGAM is able to provide more accessibility to its ETF solutions for retail and institutional clients to use as a core element in their portfolios. They also have the added benefit of accessing the team at experts from DGAM. ” Mr. Richard adds.

Effective November 1, 2021, DGIA reduces the management fees of the Desjardins ETFs listed in the table below as follows:

Desjardins ETFs

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Previous
Management
Costs

Update
Management
Costs

Desjardins Canadian Universe Bond Index ETF

DCU

0.10%

0.07%

Desjardins Canadian Short Term Bond Index ETF

DCS

0.09%

0.07%

Desjardins 1- to 5-Year Laddered Canadian Corporate Bond Index ETF

CDC

0.25%

0.15%

Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF

GCD

0.15%

0.12%

Desjardins Canadian Preferred Equity Index ETF

DCP

0.45%

0.40%

The investment objectives of the Desjardins ETFs mentioned above remain unchanged.

For more information on Desjardins ETFs, visit www.desjardinsETF.com.

About the DGAM

Created in 1998, Desjardins International Asset Management (DGAM) is one of the from Canada leading asset managers with in-house expertise in equities, fixed income and real assets (infrastructure, real estate) through a variety of investment vehicles. The DGAM manages more $ 91 billion CAD (from September 30, 2021) in institutional assets on behalf of insurance companies, pension funds, endowments, non-profit organizations and companies through Canada.

With offices in Montreal, Quebec city and Toronto, our team of more than 80 investment professionals uses a collaborative approach and combines innovation, accessibility and discipline to design solutions tailored to the unique needs of our clients. We infuse our cooperative values ​​into our investment process to ensure that we help our partners and our clients’ assets grow in a sustainable and responsible manner.

About Desjardins Group

Desjardins group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $ 389.3 billion. In 2020, it was ranked among the top 100 employers in the world by Forbes magazine. In order to meet the various needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its vast distribution network, online platforms and subsidiaries through Canada. Ranked among the strongest banks in the world according to The banker magazine, Desjardins has one of the highest capital ratios and credit scores in industry.

Desjardins Exchange Traded Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future performance. Commissions, management fees, and expenses can all be associated with investing in exchange-traded funds. Please read the prospectus before investing. Desjardins International Asset Management Inc. is the manager and portfolio manager of the Desjardins Exchange Traded Funds. Desjardins Exchange Traded Funds are offered by registered dealers. The Desjardins brand is a trademark of the Fédération des caisses Desjardins du Québec, used under license.

SOURCE Desjardins Group

For further information: (media inquiries only): Public Relations, Mouvement Desjardins, 514 281-7000 or 1 866-866-7000, ext. 5553436, [email protected]

Related links

https://www.desjardins.com/


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