MONTREAL, Nov. 23,
2023 /CNW/ - Desjardins Global Asset Management
Inc. (DGAM), acting as manager and portfolio advisor of the
Desjardins Exchange Traded Funds (ETFs), announces today the
estimated annual reinvested income and/or capital gains
distributions (the "reinvested distributions") for the ETFs listed
on the TSX. Unitholders of record on December 29, 2023 will receive the reinvested
distributions payable in respect of these ETFs on or about
January 8, 2024. The reinvested
distributions will be reinvested in units of the applicable ETF and
the resulting units will be immediately consolidated, so that the
number of units held by each investor will not change. Investors
holding their units outside registered plans will have taxable
amounts to report and an increase in the adjusted cost base of
their units.
These estimated amounts are for the reinvested distributions
only, and do not include the ongoing periodic cash distribution
amounts which are being announced in a separate press release.
Please note that these are estimated reinvested distributions
only, based on data as of October 31,
2023 and subject to further revisions to per unit amounts
prior to the record date. DGAM expects to issue a press release on
or about December 28, 2023 confirming
the final amounts of the reinvested distributions for all ETFs. The
amounts of the reinvested distributions are estimated amounts only
and may vary between November 23,
2023 and December 28,
2023.
Here is a list of the ETFs that will pay
distributions, as well as the estimated reinvested distribution
amount to be paid per unit:
Exchange Traded
Funds (ETF)
|
Ticker
symbols
(TSX)
|
Estimated annual reinvested
distribution per unit ($)
|
Desjardins Canadian
Fixed Income ETFs
|
|
|
Desjardins Canadian
Universe Bond Index ETF
|
DCU
|
-
|
Desjardins Canadian
Short Term Bond Index ETF
|
DCS
|
-
|
Desjardins 1-5 year
Laddered Canadian Corporate Bond Index ETF
|
DCC
|
-
|
Desjardins 1-5 year
Laddered Canadian Government Bond Index ETF
|
DCG
|
-
|
|
Desjardins Canadian
Preferred Share ETF
|
|
|
Desjardins Canadian
Preferred Share Index ETF
|
DCP
|
-
|
|
Desjardins
Multifactor Net-Zero Emissions Pathway ETF
|
|
|
Desjardins RI Canada
Multifactor - Net-Zero Emissions Pathway ETF
|
DRFC
|
2.36942
|
Desjardins RI USA
Multifactor - Net-Zero Emissions Pathway ETF
|
DRFU
|
-
|
Desjardins RI Developed
ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway
ETF
|
DRFD
|
-
|
Desjardins RI Emerging
Markets Multifactor - Net-Zero Emissions Pathway ETF
|
DRFE
|
-
|
|
Desjardins
Net-Zero Emissions Pathway ETF
|
|
|
Desjardins RI Canada -
Net-Zero Emissions Pathway ETF
|
DRMC
|
0.98092
|
Desjardins RI USA -
Net-Zero Emissions Pathway ETF
|
DRMU
|
1.91412
|
Desjardins RI Developed
ex-USA ex-Canada - Net-Zero Emissions Pathway ETF
|
DRMD
|
-
|
Desjardins RI Emerging
Markets - Net-Zero Emissions Pathway ETF
|
DRME
|
-
|
|
Desjardins
Multifactor Low Fossil Fuel ETF
|
|
|
Desjardins RI Global
Multifactor - Fossil Fuel Reserves Free ETF
|
DRFG
|
0.31102
|
|
Desjardins Active
ETF
|
|
|
Desjardins RI Active
Canadian Bond - Net-Zero Emissions Pathway ETF
|
DRCU
|
-
|
|
Desjardins
SocieTerra ETF
|
|
|
Desjardins SocieTerra
American Equity ETF
|
DSAE
|
-
|
|
Desjardins
Alternative ETFs
|
|
|
Desjardins Alt
Long/Short Equity Market Neutral ETF
|
DANC
|
-
|
Desjardins Alt
Long/Short Equity Market Neutral ETF – US$ Hedged Units
|
DANC.U
|
0.17021;3
|
Desjardins Alt
Long/Short Global Equity Markets ETF – CA$ Hedged Units
|
DAMG
|
-
|
Desjardins Alt
Long/Short Global Equity Markets ETF – US$ Hedged Units
|
DAMG.U
|
0.24962;3
|
1
|
The reinvested
distributions for the ETF are expected to be income in
nature.
|
2
|
The reinvested
distributions for the ETF are expected to be capital gains in
nature.
|
3
|
Denominated in
U.S. dollar.
|
To obtain additional information about the Desjardins ETFs,
visit the manager's website at www.desjardinsETF.com.
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
$414.1 billion. It was named one of
the World's Top Female-Friendly Companies by Forbes magazine. To
meet the diverse needs of its members and clients, Desjardins
offers a full range of products and services to individuals and
businesses through its extensive distribution network, online
platforms and subsidiaries across Canada. Ranked among the world's strongest
banks according to The Banker magazine, Desjardins has some
of the highest capital ratios and credit ratings in the
industry
About Desjardins Global Asset
Management (DGAM)
Established in 1998, Desjardins Global Asset Management (DGAM)
is one of Canada's largest asset
managers with in-house expertise in equity, fixed income and real
assets (infrastructure, real estate) across a variety of investment
vehicles. DGAM manages over $81
billion as of June 30, 2023 in
institutional assets on behalf of insurance companies, pension
funds, endowment funds, non-profit organizations and corporations
across Canada.
With offices in Montreal,
Quebec City and Toronto, our team of over 80 investment
professionals uses a collaborative approach and combines
innovation, accessibility and discipline to design solutions
tailored to our clients' unique needs. We infuse our cooperative
values into our investment process to ensure we are helping our
partners and clients' assets grow in a sustainable and responsible
manner.
The Desjardins Exchange Traded Funds are not
guaranteed, their value fluctuates frequently and their past
performance is not indicative of their future returns. Commissions,
management fees and expenses all may be associated with an
investment in exchange traded funds. Furthermore, the
Desjardins Alternative ETFs can invest in asset
classes or use investment strategies that are not permitted for
other types of mutual funds which may result in amplified
gains and losses. Please read the prospectus
before investing. Desjardins Global Asset Management
Inc. is the manager and portfolio manager of the Desjardins
Exchange Traded Funds. The Desjardins Exchange Traded Funds are
offered by registered dealers.
SOURCE Desjardins Group