DESJARDINS 1-5 YR LADDERED CDN CORP CAD UNHEDGED UNITSDESJARDINS 1-5 YR LADDERED CDN CORP CAD UNHEDGED UNITSDESJARDINS 1-5 YR LADDERED CDN CORP CAD UNHEDGED UNITS

DESJARDINS 1-5 YR LADDERED CDN CORP CAD UNHEDGED UNITS

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪6.57 M‬CAD
Fund flows (1Y)
‪−2.73 M‬CAD
Dividend yield (indicated)
3.15%
Discount/Premium to NAV
−0.2%

About DESJARDINS 1-5 YR LADDERED CDN CORP CAD UNHEDGED UNITS


Issuer
Desjardins Société de Placement, Inc.
Brand
Desjardins
Expense ratio
0.17%
Inception date
Apr 3, 2017
Index tracked
Solactive 1-5 Year Laddered Canadian Corporate Bond Index - CAD
Management style
Passive
The fund provides exposure to an index of corporate bonds issued in Canada. Eligible securities must be denominated in CAD, have an effective time to maturity of at least a year but not more than 6 years, have an investment-grade rating, and meet a minimum issue size of 300 million CAD. In order to maintain a continuous laddered maturity portfolio, the selected securities are placed into five maturity buckets wherein bonds that have a higher effective time to maturity are given priority during adjustments. Each bucket will be maintained and adjusted to have a fixed weighting of 20% according to market value and will be rebalanced quarterly. The fund is designed for investors seeking short-term exposure from a portfolio of investment-grade corporate bonds domiciled in Canada.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Laddered
Weighting scheme
Tiered
Selection criteria
Maturity

Returns


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

What's in the fund


As of November 21, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate99.66%
Cash0.34%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows