Desjardins Announces Management Fee Reductions for some Desjardins ETFs

Montreal, August 22, 2017 - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), announced management fee reductions for some Desjardins ETFs. These reductions will be effective, starting August 23, 2017.

Here is a list of the affected Desjardins ETFs  as well as the new management fees: 

Exchange Traded Funds (ETF)

Ticker Symbols

(TSX)

 

Current management fee

%

 

New management fee (as of August 23, 2017)

%

Desjardins Canadian Fixed Income ETFs

 

 

 

Desjardins Canadian Short Term Bond Index ETF

DCS

0.15

0.09

Desjardins 1-5 year Laddered Canadian Government Bond Index ETF

DCG

0.20

0.15

The changes are subject to approval by regulatory authorities. DGAM reserves the right to defer the implementation of the fee reductions. 

To obtain additional information about the Desjardins ETFs, visit the manager's website at www.desjardinsETF.com

The 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.

Contact Us

  • For journalists only: Jacques Bouchard
  • 514-281-0844 or 1-866-866-7000, ext. 5557940
  • media@desjardins.com

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