Desjardins Alt Long/Short Equity MN ETF (DANC.TO)
22.24
-0.01
(-0.04%)
CAD |
TSX |
May 07, 10:37
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.13% | -0.19% | 408.37M | 1566.87 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 2.38% | 1.65K% | -200.22M | Upgrade |
Basic Info
| Investment Strategy | |
| DANC seeks to achieve positive returns in both positive or negative equity market conditions. DANC is diversified in a number of pairs of correlated issuers generally within the same industry sector that neutralize the net market value of long and short positions, thereby reducing sector biases and market exposure. DANC primarily invests, directly or indirectly, in long and short positions of equity securities of issuers located in Canada and throughout the world, treasury bills, money market instruments or other equivalent short term debt securities. DANC may employ leverage created through the use of cash borrowings, short sales and derivatives, with aggregate exposure to those sources of leverage generally expected to be less than 100% of its NAV and will not exceed 300% of its NAV. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Market Neutral |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Desjardins Global Asset Management Inc |
| Prospectus Benchmark Index | |
| FTSE Canada 91D TBill TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Jérôme Lacombe | 5.28 yrs |
| Tommy Nguyen | 5.28 yrs |
Performance Versus Category
As of May 06, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 06, 2024.
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | -- | -- | -- |
| Stock | -- | -- | -- |
| Bond | -- | -- | -- |
| Convertible | -- | -- | -- |
| Preferred | -- | -- | -- |
| Other | -- | -- | -- |
Basic Info
| Investment Strategy | |
| DANC seeks to achieve positive returns in both positive or negative equity market conditions. DANC is diversified in a number of pairs of correlated issuers generally within the same industry sector that neutralize the net market value of long and short positions, thereby reducing sector biases and market exposure. DANC primarily invests, directly or indirectly, in long and short positions of equity securities of issuers located in Canada and throughout the world, treasury bills, money market instruments or other equivalent short term debt securities. DANC may employ leverage created through the use of cash borrowings, short sales and derivatives, with aggregate exposure to those sources of leverage generally expected to be less than 100% of its NAV and will not exceed 300% of its NAV. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Market Neutral |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Alternative Miscellaneous |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Desjardins Global Asset Management Inc |
| Prospectus Benchmark Index | |
| FTSE Canada 91D TBill TR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Jérôme Lacombe | 5.28 yrs |
| Tommy Nguyen | 5.28 yrs |