DESJARDINS AMERICAN EQUITY INDEX ET UNITS CAD UNHEDGEDDESJARDINS AMERICAN EQUITY INDEX ET UNITS CAD UNHEDGEDDESJARDINS AMERICAN EQUITY INDEX ET UNITS CAD UNHEDGED

DESJARDINS AMERICAN EQUITY INDEX ET UNITS CAD UNHEDGED

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Key stats


Assets under management (AUM)
‪1.37 B‬CAD
Fund flows (1Y)
‪912.04 M‬CAD
Dividend yield (indicated)
0.76%
Discount/Premium to NAV
0.01%
Shares outstanding
‪58.33 M‬
Expense ratio

About DESJARDINS AMERICAN EQUITY INDEX ET UNITS CAD UNHEDGED


Issuer
Le Mouvement des caisses Desjardins
Brand
Desjardins
Inception date
Apr 18, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive GBS United States 500 CAD Index
Management style
Passive
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


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Finance
Stock breakdown by region
0.2%97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to DMEU via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DMEU trades at 23.09 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on DMEU price chart.
DMEU net asset value is 23.47 today — it's risen 11.28% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DMEU assets under management is ‪1.37 B‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
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.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DMEU invests in stocks. See more details in our Analysis section.
DMEU expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DMEU isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DMEU technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DMEU shows the buy signal. See more of DMEU technicals for a more comprehensive analysis.
Yes, DMEU pays dividends to its holders with the dividend yield of 0.76%.
DMEU trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DMEU shares are issued by Le Mouvement des caisses Desjardins
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.
The fund started trading on Apr 18, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.