Desjardins announces 2018 reinvested distributions for the Desjardins RI Active Canadian Bond - Low CO2 ETF

MONTREAL, April 11, 2019 /CNW Telbec/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), announces that all previously undistributed net realized capital gains and net income of Desjardins RI Active Canadian Bond - Low CO₂ ETF (TSX: DRCU) as of its December 31, 2018 taxation year-end, including such gains and income for the period December 15, 2018 to December 31, 2018, became payable to Unitholders as of December 31, 2018, except to the extent of net realized capital gains in respect of which the tax payable by the DRCU would be refunded as a "capital gains refund".  Accordingly, DGAM announces the following additional reinvested distributions for the 2018 fiscal year of DRCU.

Unitholders of record on December 31, 2018 became entitled to the reinvested distributions, which were payable on December 31, 2018. These distributions are not paid in cash and instead are automatically reinvested in additional units. Those additional units are immediately consolidated, so the number of units held by each investor, except in the case of a non-resident Unitholder to the extent tax is required to be withheld in respect of the distribution, will not change as a result of the distribution. In addition, the net asset value of the ETF does not change as a result of the distribution. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their units.

Below is the reinvested distributions paid per unit:

To obtain additional information about the 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 $295.5 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.

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.

SOURCE Desjardins Group