MONTREAL, Dec. 23, 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 December 13, 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 December 23, 2024 and December 31, 2024.
Here is a list of the ETFs that will pay distributions for December 2024 as well as the estimated reinvested distribution amount to be paid per unit:
|
Exchange Traded Funds (ETF)
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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
|
0.126082
|
|
|
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
|
0.407643
|
|
Desjardins RI USA Multifactor - Net-Zero Emissions
Pathway ETF
|
DRFU
|
-
|
|
Desjardins RI Developed ex-USA ex-Canada Multifactor -
Net-Zero Emissions Pathway ETF
|
DRFD
|
0.526862
|
|
Desjardins RI Emerging Markets Multifactor -
Net-Zero Emissions Pathway ETF
|
DRFE
|
0.118181
|
|
|
Desjardins Net-Zero Emissions Pathway ETF
|
|
|
|
Desjardins RI Canada - Net-Zero Emissions Pathway ETF
|
DRMC
|
0.221783
|
|
Desjardins RI USA - Net-Zero Emissions Pathway ETF
|
DRMU
|
1.415722
|
|
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
|
2.557662
|
|
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Desjardins Active ETF
|
|
|
|
Desjardins RI Active Canadian Bond - Net-Zero Emissions
Pathway ETF
|
DRCU
|
-
|
|
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Desjardins SocieTerra ETF
|
|
|
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Desjardins SocieTerra American Equity ETF
|
DSAE
|
-
|
|
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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
|
-
|
|
Desjardins Alt Long/Short Global Equity Markets ETF –
CA$ Hedged Units
|
DAMG
|
1.862151
|
|
Desjardins Alt Long/Short Global Equity Markets ETF –
US$ Hedged Units
|
DAMG.U
|
1.023791,4
|
|
1 The reinvested distributions for the ETF are expected to be income in nature.
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2 The reinvested distributions for the ETF are expected to be capital gains in nature.
|
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3 The reinvested distributions for the ETF are expected to be income and capital gains in nature.
|
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4 Denominated in U.S. dollar.
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To obtain additional information about the 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$44.6 billion in assets under management as at September 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
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