Desjardins RI Developed ex-USA ex-Canada – Low CO2 Index ETF
Overview
The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a developed markets Low COÂż equity index, the Scientific Beta Desjardins Dev ex-US ex-CA RI Low Carbon Index (the ‘Index’). DRMD seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a developed markets (ex-USA ex-Canada) cap-weighted equity index. Currently, DRMD seeks to replicate the performance of the Scientific Beta Desjardins Developed ex-US ex-CA RI Low Carbon Index, net of fees and expenses. Under normal market conditions, DRMD will primarily invest in large and midcap companies from the Scientific Beta Developed Markets (ex-USA ex-Canada) Universe while seeking to deliver a significant reduction in the weighted average carbon intensity of DRMDs portfolio and ensuring that all Constituent Issuers meet Pre-Determined ESG Standards.