Key stats
About DESJARDINS CANADIAN EQUITY INDEX ET UNITS CAD UNHEDGED
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Inception date
Apr 18, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Desjardins Société de Placement, Inc.
The fund offers diversified exposure to the Canadian equity market, emphasizing the total market segment. It tracks an index consisting of securities of large- and mid-sized companies listed on the TSX, including common stocks, unit trusts, and REITs. Constituents are free-float market cap-weighted, with the index adjusted quarterly. The fund is designed for investors aiming for a long-term investment wrapped in a low-cost portfolio. Also, it may employ a sampling strategy in certain circumstances at the manager's discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Industrial Services
Stocks99.52%
Finance34.72%
Non-Energy Minerals13.23%
Industrial Services11.10%
Energy Minerals7.30%
Technology Services6.10%
Transportation5.55%
Retail Trade5.24%
Commercial Services5.21%
Utilities3.20%
Communications2.13%
Process Industries1.32%
Consumer Services1.01%
Distribution Services0.94%
Producer Manufacturing0.83%
Electronic Technology0.76%
Consumer Non-Durables0.43%
Miscellaneous0.18%
Health Services0.12%
Health Technology0.09%
Consumer Durables0.05%
Bonds, Cash & Other0.48%
Cash0.35%
UNIT0.11%
Miscellaneous0.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DMEC invests in stocks. The fund's major sectors are Finance, with 34.72% stocks, and Non-Energy Minerals, with 13.23% of the basket. The assets are mostly located in the North America region.
DMEC top holdings are Royal Bank of Canada and Shopify, Inc. Class A, occupying 6.46% and 4.60% of the portfolio correspondingly.
DMEC last dividends amounted to 0.09 CAD. The quarter before, the issuer paid 0.14 CAD in dividends, which shows a 46.71% decrease.
DMEC assets under management is 720.41 M CAD. It's risen 5.34% over the last month.
DMEC fund flows account for 466.04 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DMEC pays dividends to its holders with the dividend yield of 1.68%. The last dividend (Mar 31, 2025) amounted to 0.09 CAD. The dividends are paid quarterly.
DMEC shares are issued by Le Mouvement des caisses Desjardins under the brand Desjardins. The ETF was launched on Apr 18, 2024, and its management style is Passive.
DMEC expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
DMEC follows the Solactive Canada Broad Market Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DMEC invests in stocks.
DMEC price has risen by 5.93% over the last month, and its yearly performance shows a 20.72% increase. See more dynamics on DMEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.52% over the last month, showed a 3.89% increase in three-month performance and has increased by 7.15% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.52% over the last month, showed a 3.89% increase in three-month performance and has increased by 7.15% in a year.
DMEC trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.