Key stats
About Desjardins Global Macro ETF
Home page
Inception date
Aug 28, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Desjardins Société de Placement, Inc.
ISIN
CA25059C1005
The fund seeks to deliver positive returns regardless of market direction by taking long and short positions in global equities, fixed income, commodities, and currencies. Holdings primarily include futures contracts and rely on a directional macro strategy that combines fundamental economic data with price trends to generate return forecasts. Additionally, the fund enhances returns by using leverage through derivatives, short sales, and cash borrowings. Risk is managed through an absolute value-at-risk (VaR) framework, limiting potential losses to 20% of NAV over a 20-day period. The fund targets a volatility level of around 10% annually and is designed to maintain low correlation with traditional markets. Uninvested cash is held in short-term Canadian government money market instruments. During periods of extreme market conditions, the fund may temporarily shift to safer assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DGLM assets under management is 82.28 M CAD. It's risen 1.36% over the last month.
DGLM fund flows account for 77.50 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, DGLM doesn't pay dividends to its holders.
DGLM shares are issued by Desjardins Société de Placement, Inc. under the brand Desjardins. The ETF was launched on Aug 28, 2025, and its management style is Active.
DGLM expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
DGLM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DGLM trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.