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Desjardins cuts management fees of two ETFs


Desjardins Global Asset Management (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), is reducing the management fees for two ETFs.

These reductions will be effective from 23 August 2017.
Management fees for the Desjardins Canadian Short Term Bond Index ETF (DCS) are reduced from 0.15 per cent to 0.09 per cent, while fees for the Desjardins 1-5 year Laddered Canadian Government Bond Index ETF (DCG) are dropping from 0.20 per cent to 0.15 per cent.
The changes are subject to approval by regulatory authorities.

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