Desjardins Market Neutral ETF (DANC.TO) TSX
Currency In CAD
- General
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- Historical Data
- Profile
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Currency In CAD
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
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.