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About Desjardins Market Neutral ETF
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Inception date
Jan 24, 2019
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Desjardins Société de Placement, Inc.
ISIN
CA25058P1027
The fund aims to generate returns regardless of market conditions, through a long/short equity strategy. The fund has long/short positions a diversified portfolio of equities mainly from North American issuers. Although international and emerging markets issuers are also included, theyre capped at 25%. The portfolio manager implements the market-neutral strategy by selecting pairs of correlated issuers within the same industry sector. Then, takes long positions in issuers that are most likely to outperform while taking short positions in the issuers that are most likely to underperform. To limit risks, the targeted size of each individual pair is between 1% and 5% of the fund's NAV, risk controls like stop-loss are also employed. The fund uses leverage up to 300% of the funds NAV through cash borrowings, short sales and derivatives. The portfolio will be managed tactically over the short to medium term based on changes to the holdings and other proprietary risk assessments.
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
Corporate
Stocks34.19%
Finance6.26%
Industrial Services2.94%
Technology Services2.91%
Retail Trade2.37%
Electronic Technology1.99%
Producer Manufacturing1.81%
Non-Energy Minerals1.58%
Transportation0.95%
Commercial Services0.88%
Health Technology0.67%
Process Industries0.61%
Utilities0.60%
Communications0.60%
Energy Minerals0.56%
Consumer Non-Durables0.37%
Bonds, Cash & Other65.81%
Corporate74.36%
Government12.51%
Securitized12.38%
ETF2.30%
Cash0.55%
Miscellaneous−36.29%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DANC last dividends amounted to 0.08 CAD. The quarter before, the issuer paid 0.05 CAD in dividends, which shows a 41.64% increase.
DANC assets under management is 224.28 M CAD. It's fallen 1.30% over the last month.
DANC fund flows account for −163.29 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, DANC pays dividends to its holders with the dividend yield of 0.65%. The last dividend (Jun 30, 2025) amounted to 0.08 CAD. The dividends are paid quarterly.
DANC shares are issued by Le Mouvement des caisses Desjardins under the brand Desjardins. The ETF was launched on Jan 24, 2019, and its management style is Passive.
DANC expense ratio is 1.42% meaning you'd have to pay 1.42% of your investment to help manage the fund.
DANC follows the Scotiabank Canadian Hedge Fund Index Equal-Weighted - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DANC invests in bonds.
DANC price has fallen by −0.36% over the last month, and its yearly performance shows a 0.09% increase. See more dynamics on DANC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.27% over the last month, have fallen by −0.27% over the last month, showed a −0.46% decrease in three-month performance and has increased by 0.68% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.27% over the last month, have fallen by −0.27% over the last month, showed a −0.46% decrease in three-month performance and has increased by 0.68% in a year.
DANC trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.