Key stats
About DESJARDINS CDN SHORT TRRM BD INDEX UNITS
Expense ratio
0.08%
Home page
Inception date
Apr 3, 2017
ISIN
CA25059L1004
The fund is passively managed and tracks an index of Canadian bonds from both government and corporate issuers. This includes domestic issued bonds and global issued bonds denominated in CAD. To be eligible for inclusion in the index, these bonds must meet market capitalization and liquidity requirements, and must also have 1-5 years remaining to maturity. Only securities rated investment grade (at least BBB-) are included in the index. Individual components are then selected and weighted from the eligible universe according to their respective market value. Take note that certain securities are not included, such as repackaged bonds, convertibles, mortgage backed and other asset backed securities, inflation-linked securities, or defaulted securities. Rebalancing occurs on a quarterly basis.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government54.56%
Corporate44.84%
Miscellaneous0.43%
Cash0.17%