Desjardins announces 2024 estimated annual reinvested distributions for Desjardins ETFs

MONTREAL, Nov. 21, 2024 /CNW/ - Desjardins Investments Inc. (DI), acting as manager for Desjardins Exchange Traded Funds (ETFs), announces today the estimated annual reinvested income and/or capital gains distributions (the "reinvested distributions") for the ETFs listed on the TSX. Unitholders of record on December 31, 2024 will receive the reinvested distributions payable in respect of these ETFs on or about January 8, 2025. The reinvested distributions will be reinvested in units of the applicable ETF and the resulting units will be immediately consolidated, so that 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 distributions only, and do not include the ongoing periodic cash distribution amounts which are being announced in a separate press release.

Please note that these are estimated reinvested distributions only, based on data as of October 31, 2024 and subject to further revisions to per unit amounts prior to the record date. DI expects to issue a press release on or about December 31, 2024 confirming the final amounts of the reinvested distributions for all ETFs. The amounts of the reinvested distributions are estimated amounts only and may vary between November 21, 2024 and December 31, 2024. 

Here is a list of the 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 distribution per unit ($)
Desjardins Canadian Fixed Income ETFs
Desjardins Canadian Universe Bond Index ETF	DCU	-
Desjardins Canadian Short Term Bond Index ETF	DCS	-
Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF	DCC	-
Desjardins 1-5 year Laddered Canadian Government Bond Index ETF	DCG	-
Desjardins Canadian Corporate Bond Index ETF	DCBC	0.2061^2
Desjardins Canadian Preferred Share ETF
Desjardins Canadian Preferred Share Index ETF	DCP	-
Desjardins Equity Index ETFs
Desjardins Canadian Equity Index ETF	DMEC	-
Desjardins American Equity Index ETF	DMEU	-
Desjardins International Equity Index ETF	DMEI	-
Desjardins Multifactor  Net-Zero Emissions Pathway ETF
Desjardins RI Canada Multifactor - Net-Zero Emissions Pathway ETF	DRFC	0.0581^1
Desjardins RI USA Multifactor - Net-Zero Emissions Pathway ETF	DRFU	-
Desjardins RI Developed ex-USA ex-Canada Multifactor - Net-Zero Emissions Pathway ETF	DRFD	0.3166^2
Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF	DRFE	0.0955^1
Desjardins  Net-Zero Emissions Pathway ETF
Desjardins RI Canada - Net-Zero Emissions Pathway ETF	DRMC	-
Desjardins RI USA - Net-Zero Emissions Pathway ETF	DRMU	1.0972^2
Desjardins RI Developed ex-USA ex-Canada - Net-Zero Emissions Pathway ETF	DRMD	-
Desjardins RI Emerging Markets - Net-Zero Emissions Pathway ETF	DRME	-
Desjardins Multifactor Low Fossil Fuel ETF
Desjardins RI Global Multifactor - Fossil Fuel Reserves Free ETF	DRFG	1.9777^2
Desjardins Active ETF
Desjardins RI Active Canadian Bond - Net-Zero Emissions Pathway ETF	DRCU	-
Desjardins Sustainable ETF
Desjardins Sustainable American Equity ETF	DSAE	-
Desjardins Alternative ETF
Desjardins Alt Long/Short Equity Market Neutral ETF	DANC	-
Desjardins Alt Long/Short Equity Market Neutral ETF – US$ Hedged Units	DANC.U	-^3
Desjardins Alt Long/Short Global Equity Markets ETF – CA$ Hedged Units	DAMG	1.2769^1
Desjardins Alt Long/Short Global Equity Markets ETF – US$ Hedged Units	DAMG.U	1.0738^1;3

¹ The reinvested distributions for the ETF are expected to be income in nature.

² The reinvested distributions for the ETF are expected to be capital gains in nature.

³ Denominated in U.S. dollar.

For information about Desjardins ETFs, visit the manager's website at www.desjardinsETF.com.

About Desjardins Group

Desjardins Group is the largest cooperative financial group in North America and the sixth largest cooperative financial group in the world, with assets of $464.7 billion as at September 30, 2024. It was named one of Canada's Best Employers by Forbes magazine and 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 some of the highest capital ratios and credit ratings in the industry.

About Desjardins Investments Inc.

Desjardins Investments Inc., manager of the Desjardins Funds, is one of Canada's largest mutual fund manufacturers, with C$44.1 billion in assets under management as at June 30, 2024. DI offers a broad range of investment funds to Canadian investors and stands out in the industry, among others, through its world-renowned portfolio managers representing more than 20 asset management companies around the world. In addition, DI is one of the most committed actors in promoting and advancing responsible investment in Canada.

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 Investment Inc. is the manager of the Desjardins Exchange Traded Funds. The Desjardins Exchange Traded Funds are offered by registered dealers.

SOURCE Desjardins Group

For more information (media inquiries only): Public relations, Desjardins Group, 514-281-7000 or 1-866-866-7000, ext. 5553436, [email protected]