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Desjardins launches suite of seven ETFs

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Desjardins Global Asset Management (DGAM) has launched a suite of seven exchange traded funds (ETFs), all of which are now trading on the Toronto Stock Exchange (TSX).

The ETFs are: Desjardins Canadian Universe Bond Index ETF; Desjardins Canadian Short Term Bond Index ETF; Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF; Desjardins 1-5 year Laddered Canadian Government Bond Index ETF; Desjardins Canadian Preferred Share ETF; Desjardins Canada Multifactor-Controlled Volatility ETF; and Desjardins USA Multifactor-Controlled Volatility ETF.
 
Two more Desjardins ETFs, Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF and Desjardins Emerging Markets Multifactor-Controlled Volatility ETF, are also anticipated to commence trading later in the second quarter of 2017.
 
"The launch of the Desjardins ETFs represents the next step in the evolution of our offering of global investment solutions. 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,” says Nicolas Richard, chief executive officer of DGAM.
 
Richard says the launch of three categories of ETF allows DGAM to increasingly diversify its offerings and to meet the evolving needs of its clients and partners through securities traded on the stock markets.
 
The Desjardins Canadian Universe Bond Index ETF (DCU) seeks to replicate, before fees and expenses, the performance of a broad Canadian bond index. Currently, the fund seeks to replicate the performance of the Solactive Canadian Bond Universe TR Index, net of fees and expenses. Under normal market conditions, the fund will primarily invest in Canadian investment-grade fixed income securities issued in the Canadian market, including government, quasi-government and corporate bonds.
 
The Desjardins Canadian Short Term Bond Index ETF (DCS) seeks to replicate, before fees and expenses, the performance of a broad Canadian bond index with a short-term average maturity. Currently, the fund seeks to replicate the performance of the Solactive Short-Term Canadian Bond Universe TR Index, net of fees and expenses. Under normal market conditions, the fund will primarily invest in short-term Canadian investment-grade fixed income securities issued in the Canadian market, including government, quasi-government and corporate short term bonds
 
The Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF (DCC) seeks to replicate, before fees and expenses, the performance of a diversified short term Canadian corporate bond index, which index is divided into five groupings with staggered maturities. Currently, the fund seeks to replicate the performance of the Solactive 1-5 Year Laddered Canadian Corporate Bond TR Index, net of fees and expenses. Under normal market conditions, the fund invests primarily in corporate bonds issued in the Canadian market, with an effective term to maturity between one and six years.
 
The Desjardins 1-5 year Laddered Canadian Government Bond Index ETF (DCG) seeks to replicate, before fees and expenses, the performance of a selected short term Canadian government bond index, which index is divided into five groupings with staggered maturities. Currently, the fund seeks to replicate the performance of the Solactive 1-5 Year Laddered Canadian Government Bond TR Index, net of fees and expenses. Under normal market conditions, the fund will primarily invest in investment-grade government bonds issued in the Canadian market, with an effective term to maturity between one and six years.
 
The Desjardins Canadian Preferred Share Index ETF (DCP) seeks to replicate, before fees and expenses, the performance of a Canadian preferred shares index. Currently, the fund seeks to replicate the performance of the Solactive Canadian Rate Reset Preferred Share TR Index, net of fees and expenses. Under normal market conditions, the fund will primarily invest in preferred shares listed on the TSX.
 
The Desjardins Canada Multifactor-Controlled Volatility ETF (DFC) seeks to replicate, before fees and expenses, the performance of a Canadian multifactor-controlled volatility equity index. Currently, the fund seeks to replicate the performance of the Scientific Beta Canada Multifactor-Controlled Volatility Index, net of fees and expenses. Under normal market conditions, the fund will primarily invest in Canadian equity securities.
 
The Desjardins USA Multifactor-Controlled Volatility ETF (Ticker TSX: DFU) seeks to replicate, before fees and expenses, the performance of a US multifactor-controlled volatility equity index. Currently, the fund seeks to replicate the performance of the Scientific Beta USA Multifactor-Controlled Volatility Index, net of fees and expenses. Under normal market conditions, the fund will primarily invest in US equity securities.

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