Desjardins Files High Yield Bond ETF and Four Asset Allocation ETFs

Desjardins has filed for five new Canadian ETFs, including the Desjardins US High Yield Bond Index ETF (DUHY) and four multi-asset portfolios. DUHY will track the Solactive USD High Yield Corporate Bond Issuer Capped CAD TR Hedged Index and carry a 0.40% management fee. The four asset allocation ETFs will each charge 0.25%: Desjardins Conservative ETF (DJCN) targets 56% fixed income, 40% equities and 4% alternatives; Desjardins Balanced ETF (DJBL) targets 59% equities, 36% fixed income and 5% alternatives; Desjardins Growth ETF (DJGR) targets 79% equities, 15% fixed income and 6% alternatives; and Desjardins Equity ETF (DJEQ) targets 97% equities and 3% alternatives.