Desjardins Unveils New ETF Focused on Emerging Markets

Desjardins Introduces a Groundbreaking ETF

Desjardins Investments Inc. is thrilled to announce the launch of its latest index exchange-traded fund (ETF), the Desjardins Emerging Market Equity Index ETF. This exciting new offering aims to fulfill the growing interest among investors seeking exposure to emerging market equities. With the recent completion of the initial unit offering, trading for this ETF is set to commence on the Toronto Stock Exchange (TSX).

Impressive Growth of Desjardins ETFs

This new ETF enriches the innovative suite of index ETFs that Desjardins has launched over the previous year. The growth trajectory of Desjardins ETFs has been remarkable, with a surge of over 240% in assets under management in less than a year, now nearing $5 billion. "We are pleased to see such enthusiasm from investors, which reinforces the value of our core ETF components designed for diversification and efficient portfolio construction," states Jean-François Girard, Manager of Investment Fund Development and Management at Desjardins.

Key Features of the Desjardins Emerging Market Equity Index ETF

The Desjardins Emerging Market Equity Index ETF, identified by the ticker symbol DMEE, aims to closely replicate the performance of the Solactive GBS Emerging Markets Large & Mid Cap CAD Index. This ETF is structured to primarily invest in large and mid-cap securities of companies based in emerging markets, thus offering a wide array of opportunities for investors wanting to diversify their portfolios.

Management Fees and Structure

The management fee for the Desjardins Emerging Market Equity Index ETF is set at an attractive 0.25%. This fee represents a cost-efficient way for investors to gain access to a diverse range of high-potential stocks in emerging markets. Investors can expect the fund to be managed prudently, with all fees calculated daily and payable monthly, alongside applicable taxes.

About Desjardins Group

Desjardins Group stands as the largest cooperative financial group in North America, boasting assets nearing $470.9 billion. As a pillar of the Canadian financial landscape, Desjardins has been recognized among Canada's Best Employers and ranked as one of the strongest banks worldwide. Their upcoming 125th-anniversary celebration highlights their commitment to meeting the ever-changing needs of their members and clients through a comprehensive selection of financial products and exceptional service.

Commitment to Responsible Investment

Desjardins Investments Inc. manages one of Canada's largest collections of mutual funds, with assets totaling C$46.5 billion. They stand out in the investment community not only for the initial returns they offer but also for their emphasis on sustainable and responsible investing. With a focus on ethical practices, Desjardins is committed to promoting responsible investment strategies that resonate with socially conscious investors.

Frequently Asked Questions

What is the primary aim of the Desjardins Emerging Market Equity Index ETF?

The Desjardins Emerging Market Equity Index ETF focuses on replicating the performance of emerging market equities, enabling investors to diversify their portfolios efficiently.

What are the management fees associated with this ETF?

The management fee for the Desjardins Emerging Market Equity Index ETF is 0.25% of the net asset value, calculated daily and paid monthly.

What ticker symbol is used for the ETF?

The ETF trades under the ticker symbol DMEE on the Toronto Stock Exchange.

How has Desjardins' ETF market performance been?

Desjardins ETFs have seen substantial growth of over 240% within a year, indicating strong investor interest and confidence.

What makes Desjardins Investments Inc. stand out?

Desjardins Investments Inc. is notable for its commitment to responsible investment, as well as for having a diverse range of investment funds and experienced portfolio managers.

About The Author

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