Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of Desjardins ETFs, is reducing management fees for some ETFs, effective August 23, 2017, as shown in the table below.
Read: Advisors who don’t discuss fees risk losing clients: survey
Desjardins Canadian fixed income ETFs | Ticker symbol
(TSX) |
Current management fee
% |
New management fee (as of August 23, 2017)
% |
Desjardins Canadian Short-Term Bond Index ETF | DCS | 0.15 | 0.09 |
Desjardins 1-5 year Laddered Canadian Government Bond Index ETF | DCG | 0.20 | 0.15 |
The changes are subject to approval by regulatory authorities, and DGAM reserves the right to defer the implementation of the reductions.
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