Le Lézard
Classified in: Business
Subject: DIV

Desjardins announces July 2020 cash distributions for its ETFs


MONTREAL, July 16, 2020 /CNW Telbec/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor for Desjardins Exchange Traded Funds (ETFs), today announced the July 2020 cash distributions for the Desjardins ETFs listed on the TSX that pay a monthly distribution. Unitholders of record on July 24, 2020 will receive cash distributions payable for these ETFs on July 31, 2020.

Here is the list of the Desjardins ETFs that will pay cash distributions for July 2020, as well as the distribution amount per unit to be paid:

Exchange Traded Funds (ETFs)

Ticker symbols
(TSX)

Cash distribution per unit

($)

Desjardins Canadian Fixed Income ETF



Desjardins Canadian Universe Bond Index ETF

DCU

0.050

Desjardins Canadian Short Term Bond Index ETF

DCS

0.040

Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF

DCC

0.050

Desjardins 1-5 year Laddered Canadian Government Bond Index ETF

DCG

0.050


Desjardins Canadian Preferred Share ETF



Desjardins Canadian Preferred Share Index ETF

DCP

0.070




Desjardins Active ETF



Desjardins RI Active Canadian Bond - Low CO2 ETF

DRCU

0.050

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 sixth largest in the world, with assets of $326.9 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


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News published on 16 july 2020 at 10:00 and distributed by: