Desjardins Expands ETF Lineup With Global Government Bond Fund

Desjardins Investments has launched the Desjardins Global Government Bond Index ETF (TSX: DGGB), adding a low-cost global fixed-income option to its ETF lineup. The fund carries a 0.20% management fee and seeks to track the Solactive G7 Government Bond CAD Hedged TR Index. DGGB primarily invests in government bonds issued by G7 countries, including Canada, the U.S., the U.K., Japan, France, Germany, and Italy, while hedging currency exposure back to Canadian dollars. The launch broadens Desjardins’ index ETF offerings with a globally diversified sovereign bond strategy aimed at cost-conscious investors.