Desjardins announces May 2020 cash distributions for its ETFs

MONTREAL, May 13, 2020 /CNW Telbec/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor for Desjardins Exchange Traded Funds (ETFs), today announced the May 2020 cash distributions for the Desjardins ETFs listed on the TSX that pay a monthly distribution. Unitholders of record on May 22, 2020 will receive cash distributions payable for these ETFs on May 29, 2020.

Here is the list of the Desjardins ETFs that will pay cash distributions for May 2020, as well as the distribution amount per unit to be paid:

Exchange Traded Funds (ETFs)	Ticker symbols (TSX)	Cash distribution per unit ($)
Desjardins Canadian Fixed Income ETF
Desjardins Canadian Universe Bond Index ETF	DCU	0.050
Desjardins Canadian Short Term Bond Index ETF	DCS	0.040
Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF	DCC	0.050
Desjardins 1-5 year Laddered Canadian Government Bond Index ETF	DCG	0.050
Desjardins Canadian Preferred Share ETF
Desjardins Canadian Preferred Share Index ETF	DCP	0.070
Desjardins Active ETF
Desjardins RI Active Canadian Bond - Low CO2 ETF	DRCU	0.050

For information about Desjardins ETFs, visit the manager's website at www.desjardinsETF.com.

About Desjardins Group

Desjardins Group is the leading cooperative financial group in Canada and the sixth largest in the world, with assets of $313.0 billion. It has been rated one of Canada's Top 100 Employers by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the World's Strongest Banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.

Desjardins Exchange Traded Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, management fees and expenses all may be associated with an investment in exchange traded funds. Please read the prospectus before investing. Desjardins Global Asset Management Inc. is the manager and portfolio manager of the Desjardins Exchange Traded Funds. The Desjardins Exchange Traded Funds are offered by registered dealers.

SOURCE Desjardins Group

Copyright 2020 Canada NewsWire