Key stats
About DESJARDINS RI ACTIVE CDN BD NE UNITS ETF
Expense ratio
0.40%
Home page
Inception date
Sep 27, 2018
ISIN
CA25059Q1090
The fund utilizes an active strategy to select components for its portfolio. The fund aims to provide income and long-term appreciation by investing primarily in investment grade debt securities issued by Canadian governments, agencies and corporations that meet certain ESG criteria. Eligible securities must be listed on the Toronto Stock Exchange and be denominated in CAD. The fund manager analyzes the economy and market to establish a portfolio strategy in terms of timeframe, credit risk, interest-rate curve, and sector allocation. With this, individual securities are selected if the manager believes these securities will reduce the investment carbon intensity level of the overall portfolio. The fund may use derivatives to hedge certain risks. Rebalancing occurs on a quarterly basis.
Classification
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate59.40%
Government33.07%
Municipal4.06%
Miscellaneous2.78%
Cash0.61%
Securitized0.07%