MONTREAL, Dec. 21,
2022 /CNW Telbec/ - 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 30, 2022 will receive the reinvested
distributions payable in respect of these ETFs on or about
January 9, 2023. 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 December 15,
2022 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 29, 2022 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 December 21,
2022 and December 29,
2022.
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 ($)
|
Desjardins Canadian
Fixed Income ETFs
|
|
|
Desjardins Canadian
Universe Bond Index ETF
|
DCU
|
-
|
Desjardins Canadian
Short Term Bond Index ETF
|
DCS
|
-
|
Desjardins 1-5 year
Laddered Canadian Corporate
Bond Index ETF
|
DCC
|
-
|
Desjardins 1-5 year
Laddered Canadian Government
Bond Index ETF
|
DCG
|
-
|
|
Desjardins Canadian
Preferred Share ETF
|
|
|
Desjardins Canadian
Preferred Share Index ETF
|
DCP
|
0.06351
|
|
Desjardins
Multifactor Low CO2 ETFs
|
|
|
Desjardins RI Canada
Multifactor - Low CO2 ETF
|
DRFC
|
1.07032
|
Desjardins RI USA
Multifactor - Low CO2 ETF
|
DRFU
|
-
|
Desjardins RI Developed
ex-USA ex-Canada
Multifactor - Low CO2 ETF
|
DRFD
|
-
|
Desjardins RI Emerging
Markets Multifactor - Low CO2 ETF
|
DRFE
|
-
|
|
Desjardins
Cap-Weighted Low CO2 ETFs
|
|
|
Desjardins RI Canada -
Low CO2 Index ETF
|
DRMC
|
0.61802
|
Desjardins RI USA - Low
CO2 Index ETF
|
DRMU
|
0.57702
|
Desjardins RI Developed
ex-USA ex-Canada - Low CO2 Index ETF
|
DRMD
|
-
|
Desjardins RI Emerging
Markets – Low CO2 Index ETF
|
DRME
|
-
|
|
Desjardins
Multifactor Low Fossil Fuel ETF
|
|
|
Desjardins RI Global
Multifactor - Fossil Fuel Reserves
Free ETF
|
DRFG
|
0.02741
|
|
Desjardins Active
ETF
|
|
|
Desjardins RI Active
Canadian Bond - Low CO2 ETF
|
DRCU
|
-
|
|
Desjardins
SocieTerra ETF
|
|
|
Desjardins SocieTerra
American Equity ETF
|
DSAE
|
-
|
|
Desjardins
Alternative ETFs
|
|
|
Desjardins Alt
Long/Short Equity Market Neutral ETF
|
DANC
|
-
|
Desjardins Alt
Long/Short Equity Market Neutral ETF –
US$ Hedged Units
|
DANC.U
|
-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
|
-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 leading cooperative financial group
in Canada and the fifth largest in
the world, with assets of $408.1 billion. It was named one of the 2022
Canada's Top 100 Employers by Mediacorp. 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 one 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 $76
billion as of September 30,
2022 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