Scientific Beta

ETF Strategy: "The fund is linked to the Scientific Beta Desjardins Developed ex-US ex-CA RI Low Carbon Index, extending Desjardins’ partnership with ERI Scientific Beta, a smart beta index provider and an affiliate of EDHEC Risk Institute. Stocks are selected from the parent Scientific Beta Developed Markets (ex-USA ex-Canada) Index universe which covers large- and mid-cap equities from developed markets outside of North America."

ETF Strategy 04/05/2020

"(...) Desjardins Global Asset Management has expanded its range of responsible investment ETFs with the launch of a new fund targeting developed market stocks excluding the US and Canada. The Desjardins RI Developed ex-USA ex-Canada – Low CO2 Index ETF (DRMD CN) has listed on the Toronto Stock Exchange with a management fee of 0.30%. The fund is linked to the Scientific Beta Desjardins Developed ex-US ex-CA RI Low Carbon Index, extending Desjardins’ partnership with ERI Scientific Beta, a smart beta index provider and an affiliate of EDHEC Risk Institute. Stocks are selected from the parent Scientific Beta Developed Markets (ex-USA ex-Canada) Index universe which covers large- and mid-cap equities from developed markets outside of North America. The index filters out stocks that do not meet a minimum ESG standard as well as companies with significant carbon emissions, thereby reducing the carbon footprint of the index compared to similar non-ESG benchmarks. The remaining constituents are weighted by market capitalization. (...)"