Key stats
About DESJARDINS AMERICAN EQUITY INDEX ET UNITS CAD UNHEDGED
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Inception date
Apr 18, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Desjardins Société de Placement, Inc.
The fund offers exposure to the broad US equity market in a Canadian fund. It tracks an index consisting of the 500 largest companies across the US, with the constituents selected and weighted by market cap. The index is rebalanced quarterly and is calculated as a net total return index in CAD. The fund is designed for investors aiming for a long-term investment wrapped in a low-cost portfolio. Also, it may employ a sampling strategy in certain circumstances at the manager's discretion.
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
Technology Services
Electronic Technology
Finance
Stocks99.75%
Technology Services21.98%
Electronic Technology20.40%
Finance14.81%
Retail Trade8.18%
Health Technology7.78%
Consumer Non-Durables3.84%
Producer Manufacturing3.17%
Consumer Services2.95%
Utilities2.51%
Energy Minerals2.33%
Consumer Durables2.24%
Transportation2.00%
Process Industries1.47%
Health Services1.46%
Commercial Services1.18%
Industrial Services1.04%
Communications0.98%
Distribution Services0.71%
Non-Energy Minerals0.69%
Miscellaneous0.04%
Bonds, Cash & Other0.25%
Cash0.25%
Stock breakdown by region
North America97.12%
Europe2.66%
Latin America0.22%
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
DMEU invests in stocks. The fund's major sectors are Technology Services, with 21.98% stocks, and Electronic Technology, with 20.40% of the basket. The assets are mostly located in the North America region.
DMEU top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.61% and 6.20% of the portfolio correspondingly.
DMEU last dividends amounted to 0.05 CAD. The quarter before, the issuer paid 0.05 CAD in dividends, which shows a 6.98% increase.
DMEU assets under management is 1.37 B CAD. It's risen 3.35% over the last month.
DMEU fund flows account for 912.04 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, DMEU pays dividends to its holders with the dividend yield of 0.76%. The last dividend (Mar 31, 2025) amounted to 0.05 CAD. The dividends are paid quarterly.
DMEU shares are issued by Le Mouvement des caisses Desjardins under the brand Desjardins. The ETF was launched on Apr 18, 2024, and its management style is Passive.
DMEU expense ratio is 0.00% meaning you'd have to pay 0.00% of your investment to help manage the fund.
DMEU follows the Solactive GBS United States 500 CAD Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DMEU invests in stocks.
DMEU price has risen by 12.19% over the last month, and its yearly performance shows a 10.90% increase. See more dynamics on DMEU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.28% over the last month, showed a −4.81% decrease in three-month performance and has decreased by −3.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.28% over the last month, showed a −4.81% decrease in three-month performance and has decreased by −3.61% in a year.
DMEU trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.