Key stats
About Desjardins RI Developed ex-USA exCanada - Net-Zero Emissions Pathway ETF
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Inception date
May 1, 2020
Dividend treatment
Distributes
Primary advisor
Desjardins Société de Placement, Inc.
ISIN
CA25060L1076
The fund aims to create an ESG portfolio having significantly reduced weighted average carbon intensity relative to its reference equity universe Scientific Beta Developed Markets (ex-USA ex-Canada) Universe. It initially selects large- and mid-cap securities from its reference universe according to market capitalization and liquidity. Eligible securities are then narrowed down through Carbon Filteringa process of removing the most carbon intensive stocks within each sector as well as the companies that fail to meet the funds pre-determined ESG standards. Holdings are market-cap-weighted and are 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
Finance
Health Technology
Producer Manufacturing
Stocks99.44%
Finance25.41%
Health Technology11.16%
Producer Manufacturing10.82%
Consumer Non-Durables8.03%
Electronic Technology7.59%
Technology Services5.38%
Consumer Durables4.97%
Utilities3.64%
Energy Minerals3.18%
Non-Energy Minerals3.03%
Retail Trade2.94%
Communications2.82%
Process Industries2.45%
Transportation1.92%
Commercial Services1.86%
Industrial Services1.48%
Consumer Services1.17%
Distribution Services0.57%
Miscellaneous0.37%
Health Services0.30%
Bonds, Cash & Other0.56%
Cash0.86%
Temporary0.19%
UNIT0.07%
Miscellaneous−0.56%
Stock breakdown by region
Europe65.62%
Asia26.25%
Oceania6.96%
Middle East1.06%
North America0.11%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRMD invests in stocks. The fund's major sectors are Finance, with 25.50% stocks, and Health Technology, with 11.20% of the basket. The assets are mostly located in the Europe region.
DRMD top holdings are ASML Holding NV and SAP SE, occupying 2.07% and 1.43% of the portfolio correspondingly.
DRMD last dividends amounted to 3.02 CAD. The quarter before, the issuer paid 0.09 CAD in dividends, which shows a 97.15% increase.
DRMD assets under management is 30.24 M CAD. It's risen 10.07% over the last month.
DRMD fund flows account for 21.47 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.
DRMD shares are issued by Le Mouvement des caisses Desjardins under the brand Desjardins. The ETF was launched on May 1, 2020, and its management style is Active.
DRMD expense ratio is 0.31% meaning you'd have to pay 0.31% of your investment to help manage the fund.
DRMD follows the MSCI EAFE. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRMD invests in stocks.
DRMD price has risen by 3.71% over the last month, and its yearly performance shows a 22.75% increase. See more dynamics on DRMD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.59% over the last month, showed a 8.12% increase in three-month performance and has increased by 23.80% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.59% over the last month, showed a 8.12% increase in three-month performance and has increased by 23.80% in a year.
DRMD trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.