Key stats
About DESJARDINS RI USA MULTIFACTOR NET Z UNITS ETF
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Inception date
Sep 27, 2018
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Desjardins Global Asset Management, Inc.
The fund incorporates environmental, social and governance (ESG) considerations to a multifactor investment approach. It starts by narrowing down the Scientific Beta US Universe (reference equity universe) through Carbon Filteringa process of removing the most carbon intensive stocks within each sector in an effort to significantly reduce the weighted average carbon intensity level of the index relative to the cap-weighted reference universe. This also identifies companies that meet the funds pre-determined ESG standards. Remaining securities are then filtered out based on six investment factors: size (selecting midcap stocks only), valuation, momentum, volatility, profitability and investment. A proprietary diversification-based weighting scheme is then applied to each of the six filtered groups. The index is rebalanced on a quarterly basis.
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
Technology Services
Electronic Technology
Finance
Stocks99.60%
Technology Services21.99%
Electronic Technology17.92%
Finance13.83%
Consumer Non-Durables6.03%
Retail Trade5.97%
Consumer Services5.70%
Producer Manufacturing5.63%
Health Technology4.57%
Communications3.84%
Health Services3.76%
Consumer Durables2.87%
Commercial Services2.19%
Industrial Services1.87%
Transportation1.57%
Process Industries1.14%
Utilities0.66%
Non-Energy Minerals0.05%
Bonds, Cash & Other0.40%
Cash0.40%
Miscellaneous0.00%
Stock breakdown by region
North America96.52%
Europe3.48%
Latin America0.00%
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
DRFU invests in stocks. The fund's major sectors are Technology Services, with 21.99% stocks, and Electronic Technology, with 17.92% of the basket. The assets are mostly located in the North America region.
DRFU top holdings are NVIDIA Corporation and Apple Inc., occupying 5.72% and 5.69% of the portfolio correspondingly.
DRFU last dividends amounted to 0.18 CAD. The quarter before, the issuer paid 0.05 CAD in dividends, which shows a 71.47% increase.
DRFU assets under management is 177.98 M CAD. It's fallen 2.64% over the last month.
DRFU fund flows account for −102.61 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, DRFU pays dividends to its holders with the dividend yield of 0.49%. The last dividend (Jun 28, 2024) amounted to 0.18 CAD. The dividends are paid quarterly.
DRFU shares are issued by Le Mouvement des caisses Desjardins under the brand Desjardins. The ETF was launched on Sep 27, 2018, and its management style is Passive.
DRFU expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
DRFU follows the Scientific Beta Desjardins United States RI Low Carbon Multifactor Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRFU invests in stocks.
DRFU price has risen by 2.92% over the last month, and its yearly performance shows a 9.23% increase. See more dynamics on DRFU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −4.04% over the last month, have fallen by −4.04% over the last month, showed a −2.50% decrease in three-month performance and has increased by 9.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −4.04% over the last month, have fallen by −4.04% over the last month, showed a −2.50% decrease in three-month performance and has increased by 9.29% in a year.
DRFU trades at a premium (0.40%) meaning the ETF is trading at a higher price than the calculated NAV.