Desjardins Global Asset Management Inc. (DGAM) has announced management fee reductions for two Desjardins Exchange Traded Funds. The reductions will be effective, as of Aug. 23.

The management fee for the Desjardins Canadian Short Term Bond Index ETF has been reduced from 0.15 per cent to 0.09 per cent and the fee for the Desjardins 1-5 year Laddered Canadian Government Bond Index ETF has been lowered from 0.20 per cent to 0.15 per cent.