Home Breadcrumb caret Industry News Breadcrumb caret Industry Desjardins to close four ETFs The company also announced fee reductions for three other funds By Staff | May 13, 2021 | Last updated on May 13, 2021 1 min read Desjardins Global Asset Management Inc. announced on Thursday plans to terminate four of its multifactor-controlled volatility ETFs. Specifically, the following funds will be delisted from the Toronto Stock Exchange on or about July 28, 2021: Desjardins Canada Multifactor-Controlled Volatility ETF; Desjardins USA Multifactor-Controlled Volatility ETF; Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF; and Desjardins Emerging Markets Multifactor-Controlled Volatility ETF. The funds will stop accepting subscriptions for units as of July 14, and a release said the funds are closing after a routine review determined “relatively low assets under management.” Desjardins has also announced fee reductions for three of its cap-weighted low CO2 ETFs. The Desjardins RI Canada – Low CO2 Index ETF now has a management fee of 0.15%, down from 0.25%. The Desjardins RI USA – Low CO2 Index ETF’s management fee is now 0.20%, compared with 0.25%. And, the Desjardins RI Developed ex-USA ex-Canada – Low CO2 Index ETF now has a management fee of 0.25%, down from 0.30%. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo