New Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Desjardins Investments is seeking approval to revise nine responsible-investing ETFs: DRCU, DRMC, DRMU, DRMD, DRME, DRFC, DRFU, DRFD and DRFE. The lineup covers Canadian bonds plus Canadian, U.S., international and emerging-market equities, including multifactor strategies. If approved October 19, the ETFs will adopt a modernized responsible-investment and portfolio construction approach around October 30. Names will drop “Net-Zero Emissions Pathway,” becoming RI Active Canadian Bond, RI Canadian/American/International/Emerging Markets Equity, and corresponding RI Multifactor Equity ETFs. Tickers will remain unchanged.
At a glance
- Beat
- Fund Updates
- Issuer
- Desjardins Investments
- Region
- Canada
- Filed
- 19 August 2026
Source: Press Release
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