Saturday, May 18, 2024
HomeWealth ManagementDesjardins updates ETF lineup and launches new funds

Desjardins updates ETF lineup and launches new funds


Along with this launch, DI has renamed current Smart ETF Portfolios: The Smart Balanced ETF Portfolio has been renamed the Smart Average ETF Portfolio, and the Smart Most Development ETF Portfolio is now the Smart Aggressive ETF Portfolio. The asset allocation ratios of those portfolios have additionally been revised.

The Smart Average ETF Portfolio, previously the Smart Balanced ETF Portfolio, has adjusted its allocation to 65 p.c fastened earnings and 35 p.c fairness.

The Smart Conservative ETF Portfolio now targets 75 p.c fastened earnings and 25 p.c fairness. The danger degree for every portfolio stays unchanged.

DI can also be launching two new earnings funds on April 15: the Desjardins Canadian Company Bond Fund and the Desjardins Sustainable Canadian Company Bond Fund, each supplied in Class I and W items.

Managed by Desjardins International Asset Administration Inc., these funds are designed to offer a excessive degree of curiosity earnings and a few potential for capital appreciation over the long run. Each funds will primarily put money into investment-grade fixed-income securities issued by Canadian firms.




Please enter your comment!
Please enter your name here

Most Popular

Recent Comments