Key stats
About DESJARDINS RI GBL MULTIFACTR FOSSIL UNITS
Expense ratio
0.76%
Home page
Inception date
Mar 7, 2019
The fund incorporates environmental, social and governance (ESG) considerations to a multifactor investment approach. It tracks an index that aims to significantly reduce its exposure to Carbon Asset Stranding Risk by excluding firms that: 1) own fossil fuel reserves, 2) are classified in the energy sector, particularly engaged in fossil fuels, 3) derive significant revenue from fossil fuels including coal, oil and gas, and 4) have a portion of thermal coal in their power generation fuel mix. Securities must also meet the funds pre-determined ESG standards in order to be selected. Remaining securities are then filtered out based on six investment factors: size (selecting midcap stocks only), valuation, momentum, volatility, profitability and investment. A proprietary diversification-based weighting scheme is then applied to each of the six filtered groups. The index is rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stocks98.77%
Finance22.83%
Technology Services13.95%
Electronic Technology11.19%
Consumer Durables6.15%
Health Technology5.93%
Retail Trade5.72%
Consumer Services4.77%
Consumer Non-Durables4.56%
Producer Manufacturing4.13%
Communications3.72%
Process Industries3.10%
Transportation2.79%
Health Services2.52%
Non-Energy Minerals2.29%
Distribution Services1.95%
Industrial Services1.55%
Commercial Services1.49%
Utilities0.14%
Bonds, Cash & Other1.23%
UNIT0.83%
Cash0.40%
Miscellaneous0.00%
Stock breakdown by region
North America66.80%
Europe16.11%
Asia15.65%
Africa0.51%
Middle East0.50%
Oceania0.37%
Latin America0.05%
Top 10 holdings
Dividends
Dividend payout history