Key stats
About DESJARDINS RI CDA MULTIFACTOR UNITS ETF
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Inception date
Sep 27, 2018
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Primary advisor
Desjardins Global Asset Management, Inc.
The fund incorporates environmental, social and governance (ESG) considerations to a multifactor investment approach. It starts by narrowing down the Scientific Beta Canada Universe (reference equity universe) through Carbon Filteringa process of removing the most carbon intensive stocks within each sector in an effort to significantly reduce the weighted average carbon intensity level of the index relative to the cap-weighted reference universe. This also identifies companies that meet the funds pre-determined ESG standards. Remaining securities are then filtered out based on six investment factors: size (selecting midcap stocks only), valuation, momentum, volatility, profitability, and investment. A proprietary diversification-based weighting scheme is then applied to each of the six filtered groups. The index is rebalanced on a quarterly basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Industrial Services
Stocks99.75%
Finance38.68%
Non-Energy Minerals15.23%
Industrial Services13.85%
Retail Trade5.29%
Technology Services4.71%
Commercial Services3.89%
Distribution Services3.47%
Transportation3.08%
Producer Manufacturing2.11%
Consumer Services2.03%
Miscellaneous1.39%
Utilities1.30%
Electronic Technology1.27%
Process Industries0.90%
Health Technology0.77%
Energy Minerals0.68%
Health Services0.65%
Consumer Durables0.42%
Bonds, Cash & Other0.25%
Cash0.25%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DRFC invests in stocks. The fund's major sectors are Finance, with 38.68% stocks, and Non-Energy Minerals, with 15.23% of the basket. The assets are mostly located in the North America region.
DRFC top holdings are Royal Bank of Canada and Enbridge Inc., occupying 5.70% and 5.10% of the portfolio correspondingly.
DRFC last dividends amounted to 0.24 CAD. The quarter before, the issuer paid 0.13 CAD in dividends, which shows a 44.18% increase.
DRFC assets under management is 227.05 M CAD. It's risen 3.22% over the last month.
DRFC fund flows account for −47.82 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DRFC pays dividends to its holders with the dividend yield of 1.84%. The last dividend (Mar 31, 2025) amounted to 0.13 CAD. The dividends are paid quarterly.
DRFC shares are issued by Le Mouvement des caisses Desjardins under the brand Desjardins. The ETF was launched on Sep 27, 2018, and its management style is Passive.
DRFC expense ratio is 0.61% meaning you'd have to pay 0.61% of your investment to help manage the fund.
DRFC follows the Scientific Beta Desjardins Canada RI Low Carbon Multifactor Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRFC invests in stocks.
DRFC price has risen by 3.06% over the last month, and its yearly performance shows a 27.81% increase. See more dynamics on DRFC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.17% over the last month, showed a 7.18% increase in three-month performance and has increased by 30.08% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.17% over the last month, showed a 7.18% increase in three-month performance and has increased by 30.08% in a year.
DRFC trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.