MONTREAL, Nov. 21,
2024 /CNW/ - Desjardins Investments Inc. (DI),
acting as manager for 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 31, 2024 will receive the reinvested
distributions payable in respect of these ETFs on or about
January 8, 2025. 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,
2024 and subject to further revisions to per unit amounts
prior to the record date. DI expects to issue a press release on or
about December 31, 2024 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 21,
2024 and December 31,
2024.
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
Corporate Bond Index ETF
|
DCBC
|
0.20612
|
|
|
Desjardins Canadian
Preferred Share ETF
|
|
|
|
Desjardins Canadian
Preferred Share Index ETF
|
DCP
|
-
|
|
|
Desjardins Equity
Index ETFs
|
|
|
|
Desjardins Canadian
Equity Index ETF
|
DMEC
|
-
|
|
Desjardins American
Equity Index ETF
|
DMEU
|
-
|
|
Desjardins
International Equity Index ETF
|
DMEI
|
-
|
|
|
Desjardins
Multifactor Net-Zero Emissions Pathway ETF
|
|
|
|
Desjardins RI Canada
Multifactor - Net-Zero Emissions Pathway ETF
|
DRFC
|
0.05811
|
|
Desjardins RI USA
Multifactor - Net-Zero Emissions Pathway ETF
|
DRFU
|
-
|
|
Desjardins RI Developed
ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway
ETF
|
DRFD
|
0.31662
|
|
Desjardins RI Emerging
Markets Multifactor - Net-Zero Emissions Pathway ETF
|
DRFE
|
0.09551
|
|
|
Desjardins
Net-Zero Emissions Pathway ETF
|
|
|
|
Desjardins RI Canada -
Net-Zero Emissions Pathway ETF
|
DRMC
|
-
|
|
Desjardins RI USA -
Net-Zero Emissions Pathway ETF
|
DRMU
|
1.09722
|
|
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
|
1.97772
|
|
|
Desjardins Active
ETF
|
|
|
|
Desjardins RI Active
Canadian Bond - Net-Zero Emissions Pathway ETF
|
DRCU
|
-
|
|
|
Desjardins
Sustainable ETF
|
|
|
|
Desjardins Sustainable
American Equity ETF
|
DSAE
|
-
|
|
|
Desjardins
Alternative ETF
|
|
|
|
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
|
1.27691
|
|
Desjardins Alt
Long/Short Global Equity Markets ETF – US$ Hedged Units
|
DAMG.U
|
1.07381;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.
|
For information about 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 sixth
largest cooperative financial group in the world, with assets of
$464.7 billion as at September 30, 2024. It was named one of
Canada's Best Employers by Forbes
magazine and 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
some of the highest capital ratios and credit ratings in the
industry.
About Desjardins Investments Inc.
Desjardins Investments Inc., manager of the Desjardins Funds, is
one of Canada's largest mutual
fund manufacturers, with C$44.1
billion in assets under management as at June 30, 2024. DI offers a broad range of
investment funds to Canadian investors and stands out in the
industry, among others, through its world-renowned portfolio
managers representing more than 20 asset management companies
around the world. In addition, DI is one of the most committed
actors in promoting and advancing responsible investment in
Canada.
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. Please read the prospectus before investing.
Desjardins Investment Inc. is the manager of the Desjardins
Exchange Traded Funds. The Desjardins Exchange Traded Funds are
offered by registered dealers.
SOURCE Desjardins Group