Desjardins announces 2019 annual reinvested capital gains distributions final amounts for Desjardins ETFs

MONTREAL, Dec. 30, 2019 /CNW Telbec/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), announces today the annual reinvested capital gains distributions final amounts for the Desjardins ETFs listed on the TSX. Unitholders of record on December 31, 2019 will receive the capital gains distributions payable in respect of these ETFs on or about January 8, 2020. The capital gains distributions will be reinvested and the resulting units will be immediately consolidated, so the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their units.

These final amounts are for the reinvested capital gains distributions only, and do not include the ongoing periodic cash distribution amounts which are being announced in a separate press release. These reinvested distributions generally consist of capital gains only.

Below is the reinvested distributions final amount to be paid per unit for the Desjardins ETF(s) that will pay reinvested distributions:

To obtain additional information about the Desjardins ETFs, visit the manager's website at www.desjardinsETF.com.

About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada and the fifth largest in the world, with assets of $312.7 billion. It has been rated one of Canada's Top 100 Employers by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the World's Strongest Banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry. 

The Desjardins Exchange Traded Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, management fees and expenses all may be associated with an investment in exchange traded funds. Please read the prospectus before investing. Desjardins Global Asset Management Inc.  is the manager and portfolio manager of the Desjardins Exchange Traded Funds. The Desjardins Exchange Traded Funds are offered by registered dealers.

SOURCE Desjardins Group