Key stats
About DESJARDINS 1-5 YR LADDERED CDN GOVT CAD UNHEDGED UNITS
Expense ratio
0.14%
Home page
Inception date
Apr 3, 2017
The fund provides exposure to an index of government bonds issued in Canada. Eligible securities must be denominated in CAD, have an effective time to maturity of at least a year but not more than 6 years, have an investment-grade rating, and meet a minimum issue size of 300 million CAD. In order to maintain a continuous laddered maturity portfolio, the selected securities are placed into five maturity buckets wherein bonds that have a higher effective time to maturity are given priority during adjustments. Each bucket will be maintained and adjusted to have a fixed weighting of 20% according to market value and will be rebalanced quarterly. The fund is designed for investors seeking short-term exposure from a portfolio of investment-grade government bonds domiciled in Canada.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government52.28%
Corporate47.63%
Cash0.09%
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