Launch of the Desjardins Global Government Bond Index ETF

Montreal, – Desjardins Investments inc. ("DI") acting as manager for the Desjardins Exchange Traded Funds ("ETFs"), announces the launch of a new ETF: the (). DI has closed the initial public offering of units, and those units will begin trading on the Toronto Stock Exchange ("TSX") today. 

“The expansion of our lineup of competitively priced index ETFs reflects our commitment to providing our clients with simple and effective solutions for building diversified portfolios at a low cost,” said Jean‑François Girard, Vice President and Head of Investment Fund Development and Management at Desjardins Wealth Management.

The fund, managed by Desjardins Global Asset Management Inc. as portfolio manager, begins trading on the TSX today. The ETF’s ticker symbol and applicable management fees are indicated below:  

Desjardins Global Government Bond Index ETF (TSX ticker symbol: DGGB): DGGB seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a global government bond index. Currently, DGGB seeks to replicate the performance of the Solactive G7 Government Bond CAD Hedged TR Index (the “Index”). Under normal market conditions, DGGB will primarily invest in government bonds issued by G7 countries, namely Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.

For more information about Desjardins ETFs, refer to DI’s website at www.desjardinsETF.com.

For more information (media inquiries only):
Public Relations, Desjardins Group
media@desjardins.com