Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Desjardins Market Neutral ETF Fund Class A
Alternative Market Neutrl
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$9.99 |
|---|---|
| Change |
$0.01
(0.05%)
|
As at April 30, 2026
As at April 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (July 13, 2020): 0.55%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.35% | -0.19% | -0.31% | -0.42% | -1.22% | -0.06% | 1.43% | 1.00% | 0.26% | - | - | - | - | - |
| Benchmark | 3.81% | 7.00% | 13.54% | 7.89% | 40.10% | 28.50% | 21.54% | 16.52% | 15.51% | 18.30% | 14.14% | 13.56% | 12.35% | 12.61% |
| Category Average | -0.19% | -0.10% | 0.83% | 0.06% | 4.55% | 5.54% | 5.92% | 4.48% | 2.03% | 2.62% | 1.55% | - | - | - |
| Category Rank | 15 / 39 | 18 / 39 | 26 / 39 | 24 / 39 | 38 / 39 | 33 / 34 | 32 / 33 | 29 / 30 | 24 / 25 | - | - | - | - | - |
| Quartile Ranking | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.22% | 0.00% | -0.58% | -0.54% | -0.23% | 0.22% | -0.32% | 0.43% | -0.23% | -0.40% | -0.14% | 0.35% |
| Benchmark | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% |
Best Monthly Return Since Inception
1.04% (December 2020)
Worst Monthly Return Since Inception
-0.65% (January 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | -0.96% | -0.91% | 1.83% | 4.55% | -1.80% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | -3.57% | -6.24% | -1.79% | 4.02% | 9.41% | 5.55% |
| Quartile Ranking | - | - | - | - | - | 4 | 4 | 4 | 3 | 4 |
| Category Rank | - | - | - | - | - | 17/ 22 | 23/ 30 | 26/ 33 | 23/ 33 | 38/ 39 |
Best Calendar Return (Last 10 years)
4.55% (2024)
Worst Calendar Return (Last 10 years)
-1.80% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 85.86 |
| Canadian Government Bonds | 8.42 |
| Canadian Equity | 5.44 |
| Canadian Bonds - Other | 5.20 |
| Income Trust Units | 0.95 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 85.85 |
| Fixed Income | 13.62 |
| Energy | 1.90 |
| Industrial Services | 1.57 |
| Healthcare | 1.55 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.10 |
| Latin America | 0.38 |
| Africa and Middle East | 0.01 |
| Asia | -0.11 |
| Europe | -0.42 |
| Other | 0.04 |
Top Holdings
| Name | Percent |
|---|---|
| Desjardins Market Neutral ETF (DANC) | 99.80 |
| Cash and Cash Equivalents | 0.20 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Desjardins Market Neutral ETF Fund Class A
Median
Other - Alternative Market Neutrl
3 Yr Annualized
| Standard Deviation | 1.39% | 1.35% | - |
|---|---|---|---|
| Beta | 0.00 | 0.00 | - |
| Alpha | 0.01 | 0.00 | - |
| Rsquared | 0.00% | 0.00% | - |
| Sharpe | -1.58 | -1.92 | - |
| Sortino | -1.25 | -1.90 | - |
| Treynor | -8.88 | 16.02 | - |
| Tax Efficiency | 63.70% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.19% | 1.39% | 1.35% | - |
| Beta | -0.02 | 0.00 | 0.00 | - |
| Alpha | -0.01 | 0.01 | 0.00 | - |
| Rsquared | 0.03% | 0.00% | 0.00% | - |
| Sharpe | -3.03 | -1.58 | -1.92 | - |
| Sortino | -2.55 | -1.25 | -1.90 | - |
| Treynor | 1.98 | -8.88 | 16.02 | - |
| Tax Efficiency | - | 63.70% | - | - |
Fund Details
| Start Date | July 13, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $11 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00178 |
Investment Objectives
The objective of this Fund is to replicate the return of the Desjardins Alt Long/Short Equity Market Neutral ETF (the “Desjardins Alternative ETF”) by investing its assets primarily, directly or indirectly, in the units of the Desjardins Alternative ETF. The Desjardins Alternative ETF seeks to achieve positive returns in both positive or negative equity market conditions.
Investment Strategy
In order to achieve its investment objectives, the Fund intends to invest its assets, directly or indirectly, in units of the Desjardins Alternative ETF. The investment strategies described below are those of the Desjardins Alternative ETF. The Desjardins Alternative ETF’s investments strategy has been designed to limit the volatility of returns and to provide a low correlation to traditional asset classes.
Portfolio Management
| Portfolio Manager |
Desjardins Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Desjardins Investments Inc. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Desjardins Investments Inc. |
| Distributor |
Desjardins Investments Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 100 |
| SWP Min Withdrawal | 1,000 |
Fees
| MER | 2.26% |
|---|---|
| Management Fee | 1.85% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
