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Desjardins announces May 2023 cash distributions for some ETFs

MONTREAL, May 15, 2023 /CNW/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor for Desjardins Exchange Traded Funds (ETFs), today announced the May 2023 cash distributions for some Desjardins ETFs listed on the TSX. Unitholders of record on May 24, 2023, will receive cash distributions payable for these ETFs on May 31, 2023.

Here is the list of the Desjardins ETFs that will pay cash distributions for May 2023, as well as the distribution amount per unit to be paid:

Exchange Traded Funds (ETF)

Ticker symbols

(TSX)

Distribution per unit ($)

Desjardins Canadian Fixed Income ETFs



Desjardins Canadian Universe Bond Index ETF

DCU

0.0374

Desjardins Canadian Short Term Bond Index ETF

DCS

0.0351

Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF

DCC

0.0461

Desjardins 1-5 year Laddered Canadian Government Bond Index ETF

DCG

0.0342


Desjardins Canadian Preferred Share ETF



Desjardins Canadian Preferred Share Index ETF

DCP

0.0561


Desjardins Multifactor Low CO2 ETFs



Desjardins RI Canada Multifactor - Low CO2 ETF

DRFC

-

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

-

Desjardins RI USA - Low CO2 Index ETF

DRMU

-

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

-


Desjardins Active ETF



Desjardins RI Active Canadian Bond - Low CO2 ETF

DRCU

0.0375


Desjardins SocieTerra ETF



Desjardins SocieTerra 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

-1

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

-1

1Denominated in U.S. dollar.

 

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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 fifth largest cooperative financial group in the world, with assets of $ 398.6 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 one of the highest capital ratios and credit ratings in the industry.

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 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

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View original content: http://www.newswire.ca/en/releases/archive/May2023/15/c8621.html