Montreal, December 19, 2018 - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), announces today the estimated annual reinvested capital gains distributions for the Desjardins ETFs listed on the TSX. Unitholders of record on December 31, 2018 will receive the capital gains distributions payable in respect of these ETFs on or about January 8, 2019. The capital gains distributions will be reinvested and the resulting units will be immediately consolidated, so 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 capital gains distributions only, and do not include the ongoing periodic cash distribution amounts which are being announced in a separate press release.
DGAM expects to issue a press release on or about December 27, 2018 confirming the final amounts of the reinvested distributions for all ETFs (subject to further revisions per unit amounts resulting from subscription and redemption activity prior to the record date). The amounts of the reinvested distributions are estimated amounts only and may vary between December 19, 2018 and December 31, 2018. These reinvested distributions generally consist of capital gains only.
Here is a list of the Desjardins ETFs that will pay distributions, as well as the estimated reinvested distribution amount to be paid per unit
|Exchange Traded Funds (ETF)||Ticker symbols
|Estimated cash 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 Preferred Share ETF|
|Desjardins Canadian Preferred Share Index ETF||DCP||-|
|Desjardins Multifactor-Controlled Volatility ETFs|
|Desjardins Canada Multifactor-Controlled Volatility ETF||DFC||-|
|Desjardins USA Multifactor-Controlled Volatility ETF||DFU||0.3171|
|Desjardins Developed ex-USA, ex-Canada Multifactor-Controlled Volatility ETF||DFD||0.9700|
|Desjardins Emerging Markets Multifactor-Controlled Volatility ETF||DFE||-|
|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 Cap-Weighted Low CO2 ETFs|
|Desjardins RI Canada - Low CO2 Index ETF||DRMC||-|
|Desjardins RI USA - Low CO2 Index ETF||DRMU||-|
|Desjardins Active ETF|
|Desjardins RI Active Canadian Bond - Low CO2 ETF||DRCU||-|
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.