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About DESJARDINS RI USA NET ZERO EMI UNITS
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Inception date
Sep 27, 2018
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Desjardins Global Asset Management, Inc.
The fund aims to create an ESG portfolio having significantly reduced weighted average carbon intensity relative to its reference equity universe Scientific Beta US Universe. It initially selects large- and mid-cap stocks from its reference universe according to market capitalization and liquidity. Eligible securities are then narrowed down through Carbon Filteringa process of removing the most carbon intensive stocks within each sector as well as the companies that fail to meet the funds pre-determined ESG standards. Holdings are market-cap-weighted and are 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
Technology Services
Electronic Technology
Finance
Stocks99.65%
Technology Services22.27%
Electronic Technology19.80%
Finance14.41%
Retail Trade8.17%
Health Technology7.74%
Producer Manufacturing4.14%
Consumer Non-Durables3.68%
Consumer Services3.06%
Utilities2.32%
Consumer Durables2.32%
Energy Minerals2.24%
Transportation1.82%
Process Industries1.42%
Industrial Services1.32%
Health Services1.29%
Commercial Services1.28%
Communications0.94%
Distribution Services0.83%
Non-Energy Minerals0.56%
Miscellaneous0.05%
Bonds, Cash & Other0.35%
Cash0.35%
Miscellaneous0.00%
Stock breakdown by region
North America97.07%
Europe2.73%
Latin America0.21%
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
DRMU invests in stocks. The fund's major sectors are Technology Services, with 22.27% stocks, and Electronic Technology, with 19.80% of the basket. The assets are mostly located in the North America region.
DRMU top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 6.72% and 6.44% of the portfolio correspondingly.
DRMU last dividends amounted to 0.09 CAD. The quarter before, the issuer paid 0.09 CAD in dividends, which shows a 4.81% increase.
DRMU assets under management is 217.26 M CAD. It's fallen 0.72% over the last month.
DRMU fund flows account for −46.77 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, DRMU pays dividends to its holders with the dividend yield of 0.83%. The last dividend (Mar 31, 2025) amounted to 0.09 CAD. The dividends are paid quarterly.
DRMU 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.
DRMU expense ratio is 0.24% meaning you'd have to pay 0.24% of your investment to help manage the fund.
DRMU follows the Scientific Beta Desjardins United States RI Low Carbon Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DRMU invests in stocks.
DRMU price has fallen by −0.73% over the last month, and its yearly performance shows a 9.41% increase. See more dynamics on DRMU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.42% over the last month, have fallen by −2.42% over the last month, showed a 0.29% increase in three-month performance and has increased by 10.11% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.42% over the last month, have fallen by −2.42% over the last month, showed a 0.29% increase in three-month performance and has increased by 10.11% in a year.
DRMU trades at a premium (0.46%) meaning the ETF is trading at a higher price than the calculated NAV.