DESJARDINS CDN PREF SHARE IDX ETFDESJARDINS CDN PREF SHARE IDX ETFDESJARDINS CDN PREF SHARE IDX ETF

DESJARDINS CDN PREF SHARE IDX ETF

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Key stats


Assets under management (AUM)
‪34.20 M‬CAD
Fund flows (1Y)
‪−88.24 K‬CAD
Dividend yield (indicated)
4.43%
Discount/Premium to NAV
0.4%

About DESJARDINS CDN PREF SHARE IDX ETF


Issuer
Le Mouvement des caisses Desjardins
Brand
Desjardins
Expense ratio
0.61%
Inception date
Apr 3, 2017
Index tracked
Solactive Canadian Rate Reset Preferred Share Index - CAD
Management style
Passive
The fund provides exposure to an index of rate-reset preferred shares issued in Canada. Eligible securities must be denominated in CAD, have an effective time to maturity of 6 years, and have an adjustable dividend rate. Constituents are market-cap weighted with individual capping at 10%. The fund is designed for investors who are seeking steady and attractive income from a diversified portfolio delivering efficient exposure to the potential of rate-reset preferred shares in Canada. The index is rebalanced on a quarterly basis.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Short-term
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 25, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Industrial Services
Utilities
Stocks98.06%
Finance49.42%
Industrial Services23.48%
Utilities15.03%
Communications6.17%
Energy Minerals2.70%
Miscellaneous1.26%
Bonds, Cash & Other1.94%
Miscellaneous1.10%
Cash0.84%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows