MONTREAL, Feb. 12, 2020 /CNW Telbec/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor for Desjardins Exchange Traded Funds (ETFs), today announced the February 2020 cash distributions for the Desjardins ETFs listed on the TSX that pay a monthly distribution. Unitholders of record on February 21, 2020 will receive cash distributions payable for these ETFs on February 28, 2020.
Here is the list of the Desjardins ETFs that will pay cash distributions for February 2020, as well as the distribution amount per unit to be paid:
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Exchange Traded Funds (ETFs)
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Ticker symbols
(TSX)
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Cash distribution per unit
($)
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Desjardins Canadian Fixed Income ETF
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Desjardins Canadian Universe Bond Index ETF
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DCU
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0.050
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Desjardins Canadian Short Term Bond Index ETF
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DCS
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0.040
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Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF
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DCC
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0.050
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Desjardins 1-5 year Laddered Canadian Government Bond Index ETF
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DCG
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0.050
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Desjardins Canadian Preferred Share ETF
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|
|
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Desjardins Canadian Preferred Share Index ETF
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DCP
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0.070
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Desjardins Active ETF
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Desjardins RI Active Canadian Bond - Low CO2 ETF
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DRCU
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0.050
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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 leading cooperative financial group in Canada and the fifth largest in the world, with assets of $312.7 billion. It has been rated one of 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.
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
View original content: http://www.newswire.ca/en/releases/archive/February2020/12/c6721.html
(media inquiries only): Jacques Bouchard, Public relations, Desjardins Group, 514-281‑0844 or 1-866‑866‑7000, ext. 5557940, media@desjardins.comCopyright CNW Group 2020