Desjardins RI Developed ex-USA exCanada Multifactor - Net-Zero Emissions Pathway ETF
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About Desjardins RI Developed ex-USA exCanada Multifactor - Net-Zero Emissions Pathway ETF
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Inception date
Sep 27, 2018
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Desjardins Société de Placement, Inc.
ISIN
CA25059J1057
The fund incorporates environmental, social and governance (ESG) considerations to a multifactor investment approach. It starts by narrowing down the Scientific Beta Developed Markets ex-USA ex-Canada Universe (reference equity universe) through Carbon Filteringa process of removing the most carbon intensive stocks within each sector in an effort to significantly reduce the weighted average carbon intensity level of the index relative to the cap-weighted reference universe. This also identifies companies that meet the funds pre-determined ESG standards. Remaining securities are then filtered out based on six investment factors: size (selecting midcap stocks only), valuation, momentum, volatility, profitability, and investment. A proprietary diversification-based weighting scheme is then applied to each of the six filtered groups. The index is rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.49%
Finance31.97%
Producer Manufacturing7.27%
Retail Trade6.41%
Health Technology6.09%
Consumer Durables5.89%
Technology Services5.81%
Electronic Technology5.29%
Consumer Non-Durables5.16%
Process Industries4.89%
Communications4.62%
Industrial Services3.28%
Commercial Services3.24%
Health Services2.80%
Consumer Services2.74%
Utilities1.42%
Transportation1.27%
Energy Minerals1.23%
Non-Energy Minerals0.11%
Bonds, Cash & Other0.51%
Cash0.51%
Stock breakdown by region
Europe69.11%
Asia23.03%
Oceania5.70%
North America1.12%
Middle East1.04%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRFD invests in stocks. The fund's major sectors are Finance, with 31.97% stocks, and Producer Manufacturing, with 7.27% of the basket. The assets are mostly located in the Europe region.
DRFD top holdings are HSBC Holdings Plc and SAP SE, occupying 2.33% and 2.23% of the portfolio correspondingly.
DRFD last dividends amounted to 0.10 CAD. The quarter before, the issuer paid 0.45 CAD in dividends, which shows a 363.60% decrease.
DRFD assets under management is 191.27 M CAD. It's risen 21.31% over the last month.
DRFD fund flows account for 29.34 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.
Yes, DRFD pays dividends to its holders with the dividend yield of 2.56%. The last dividend (Jun 30, 2025) amounted to 0.45 CAD. The dividends are paid quarterly.
DRFD shares are issued by Le Mouvement des caisses Desjardins under the brand Desjardins. The ETF was launched on Sep 27, 2018, and its management style is Passive.
DRFD expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
DRFD follows the Scientific Beta Desjardins Developed ex US ex CA RI Low Carbon Multifactor Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRFD invests in stocks.
DRFD price has fallen by −1.22% over the last month, and its yearly performance shows a 19.40% increase. See more dynamics on DRFD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.30% over the last month, have fallen by −1.30% over the last month, showed a 7.16% increase in three-month performance and has increased by 22.71% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.30% over the last month, have fallen by −1.30% over the last month, showed a 7.16% increase in three-month performance and has increased by 22.71% in a year.
DRFD trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.