Desjardins Investments launched a comprehensive ETF Suite in Canada based on Solactive Indices
Solactive AG is pleased to announce the launch by Desjardins Investments Inc. (DI), acting as manager for Desjardins Exchange Traded Funds (ETFs), of four new ETFs in Canada based on Solactive Indices providing Canadian investors with exposure to local and global equity markets as well as Canadian fixed income securities.
The new ETFs launched by Desjardins Investments will be tracking Solactive benchmarks for exposure to key financial markets:
|
Exposure |
Index |
ETF |
|
Canadian Equities |
Solactive Canada Broad Market Index (CA NTR) |
Desjardins Canadian Equity Index ETF |
|
US Equities |
Solactive GBS United States 500 CAD Index (CA NTR) |
Desjardins American Equity Index ETF |
|
International Equities |
Solactive GBS Developed Markets ex North America Large & Mid Cap CAD Index (CA NTR) |
Desjardins International Equity Index ETF (Ticker: DMEI) |
|
Canadian Corporate Bonds |
Solactive Canadian Bond Universe Corporate TR Index |
Desjardins Canadian Corporate Bond Index ETF (Ticker: DCBC) |
The above indices are part of the standard benchmark indices operated by Solactive which are designed to provide issuers of ETFs cost efficient and accurate benchmarks for products providing exposure to key financial markets across geographies and asset classes. The indices are calculated in Canadian Dollars (CAD) to match the currency of the ETF listings on the Toronto Stock Exchange (TSX).
This new offering provides investors with further options for increasingly popular cost efficient, highly diversified index based passive investment products for investors.
The ETF listed on Thursday April 18 on the Toronto Stock Exchange.
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We’re thrilled that Desjardins has selected our indices to power their new ETF lineup. Our standard benchmarks are ideally suited for ETFs that aim to deliver cost-efficient access to financial markets globally and across all asset classes.”