Company Data
Desjardins 1-5 year Laddered Canadian Government Bond Index ETF
Ticker
DCG:CA
Current Price
$18.445 0.03%
Market Cap
$100.1M
Price Target
Refer to Report
52wk Range
$17.731573 - $18.66
Overview
The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a selected short-term Canadian government bond index, which Index is divided into five groupings with staggered maturities. The ETF seeks to replicate the performance of the Solactive 1-5 Year Laddered Canadian Government Bond TR Index (the ‘Index’). The investment strategy of the ETF is to invest, directly or indirectly, in a portfolio of short-term Canadian government fixed income securities that closely matches the Index. The Index is composed of a 1-5-year ladder of investment-grade Government bonds issued in the Canadian market, with an effective term to maturity between one and six years.