Desjardins Canadian Short Term Bond Index ETF
Overview
DCS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian bond index with a short-term average maturity. Currently, DCS seeks to replicate the performance of the Solactive Short-Term Canadian Bond Universe TR Index, net of fees and expenses. Under normal market conditions, DCS will primarily invest in short-term Canadian investment-grade fixed income securities issued in the Canadian market, including government, quasi-government and corporate short term bonds. The investment strategy of the ETF is to invest, directly or indirectly, in a portfolio of Canadian fixed income securities that closely matches the Index. The Index is composed of Canadian investment-grade fixed income securities issued in the Canadian market, including government, quasi-government and corporate bonds.