Desjardins Market Neutral ETF (DANC.TO) TSX

Currency In CAD

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Desjardins Market Neutral ETF

Address

1 Complexe Desjardins, 25th Floor

Montreal, QC H5B 1B2

Canada

Phone

866-666-1280

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

January 25, 2019

Key Executives

N/A
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Description

This ETF aims to generate consistent positive returns, irrespective of whether equity markets are trending upwards or downwards. It achieves this through a diversified market-neutral approach, strategically pairing long and short positions in correlated issuers, typically within the same industry. This methodology effectively balances the net market value of its holdings, thereby mitigating sector-specific risks and reducing overall market exposure. The fund primarily allocates capital, directly or indirectly, to long and short equity securities of companies domiciled in Canada and across the globe, complemented by investments in treasury bills, money market instruments, and other comparable short-term debt.

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