Desjardins announces 2019 estimated annual reinvested capital gains distributions for Desjardins ETFs

MONTREAL, Dec. 19, 2019 /CNW Telbec/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), announces today the estimated annual reinvested capital gains distributions for the Desjardins ETFs listed on the TSX. Unitholders of record on December 31, 2019 will receive the capital gains distributions payable in respect of these ETFs on or about January 8, 2020. The capital gains distributions will be reinvested and the resulting units will be immediately consolidated, so the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their units.

These estimated amounts are for the reinvested capital gains distributions only, and do not include the ongoing periodic cash distribution amounts which are being announced in a separate press release.

DGAM expects to issue a press release on or about December 30, 2019 confirming the final amounts of the reinvested distributions for all ETFs (subject to further revisions per unit amounts resulting from subscription and redemption activity prior to the record date). The amounts of the reinvested distributions are estimated amounts only and may vary between December 19, 2019 and December 31, 2019. These reinvested distributions generally consist of capital gains only.

Here is a list of the Desjardins ETFs that will pay distributions, as well as the estimated reinvested distribution amount to be paid per unit:

Exchange Traded Funds (ETF)	Ticker symbols (TSX)	Estimated annual reinvested capital gains distribution per unit ($)
Desjardins Canadian Fixed Income ETFs
Desjardins Canadian Universe Bond Index ETF	DCU	-
Desjardins Canadian Short Term Bond Index ETF	DCS	-
Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF	DCC	0.3100
Desjardins 1-5 year Laddered Canadian Government Bond Index ETF	DCG	-
Desjardins Canadian Preferred Share ETF
Desjardins Canadian Preferred Share Index ETF	DCP	-
Desjardins Multifactor-Controlled Volatility ETFs
Desjardins Canada Multifactor-Controlled Volatility ETF	DFC	-
Desjardins USA Multifactor-Controlled Volatility ETF	DFU	0.2259
Desjardins Developed ex-USA ex-Canada Multifactor- Controlled Volatility ETF	DFD	-
Desjardins Emerging Markets Multifactor-Controlled Volatility ETF	DFE	-
Desjardins Multifactor Low CO2 ETFs
Desjardins RI Canada Multifactor - Low CO2 ETF	DRFC	0.5802
Desjardins RI USA Multifactor - Low CO2 ETF	DRFU	1.8461
Desjardins RI Developed ex-USA ex-Canada Multifactor - Low CO2 ETF	DRFD	0.6360
Desjardins RI Emerging Markets Multifactor - Low CO2 ETF	DRFE	-
Desjardins Cap-Weighted Low CO2 ETFs
Desjardins RI Canada - Low CO2 Index ETF	DRMC	-
Desjardins RI USA - Low CO2 Index ETF	DRMU	2.3529
Desjardins Multifactor Low Fossil Fuel ETF
Desjardins RI Global Multifactor - Fossil Fuel Reserves Free ETF	DRFG	1.3996
Desjardins Active ETF
Desjardins RI Active Canadian Bond - Low CO2 ETF	DRCU	-
Desjardins Alternative ETF
Desjardins Alt Long/Short Equity Market Neutral ETF	DANC	0.1866

To obtain additional information about the Desjardins ETFs, visit the manager's website at http://www.desjardinsetf.com/

About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada and the fifth largest in the world, with assets of $312.7 billion. It has been rated one of Canada's Top 100 Employers by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the World's Strongest Banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.  

The Desjardins Exchange Traded Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, management fees and expenses all may be associated with an investment in exchange traded funds. Please read the prospectus before investing. Desjardins Global Asset Management Inc. is the manager and portfolio manager of the Desjardins Exchange Traded Funds. The Desjardins Exchange Traded Funds are offered by registered dealers.

SOURCE Desjardins Group

(media inquiries only): Jacques Bouchard, Public relations, Desjardins Group, 514-281-0844 or 1-866-866-7000, ext. 5557940, [email protected]