Desjardins Global Asset Management (DGAM) has announced the launch of its first lineup of exchange traded funds. Desjardins’ seven new ETFs began trading on the TSX April 3.
"The launch of the Desjardins ETFs represents the next step in the evolution of our offering of global investment solutions. The full suite of Desjardins ETFs include four fixed income funds, one preferred share fund and four multifactor-controlled volatility funds that take into account the analysis of six factors" Nicolas Richard, Chief Executive Officer of DGAM, said in an announcement on April 3.
DGAM says two more Desjardins’ ETFs, Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF and Desjardins Emerging Markets Multifactor-Controlled Volatility ETF, are anticipated to begin trading during the second quarter of 2017.