Launch of the Desjardins US Investment Grade Corporate 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 competitively priced index ETF lineup reflects our commitment to providing clients with simple, effective solutions for building diversified, low‑cost portfolios,” said Jean-François Girard, Vice President and Head of Investment Funds Development and Management at Desjardins Investments.

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 US Investment Grade Corporate Bond Index ETF (TSX ticker symbol: DUIG): DUIG seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a U.S. investment-grade corporate bond index. Currently, DUIG seeks to replicate the performance of the Solactive Quarterly Select USD Investment Grade Corporate CAD Hedged TR Index. Under normal market conditions, the ETF will primarily invest in investment-grade corporate bonds denominated in U.S. dollars.

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