Desjardins Launches a New Multifactor-Controlled Volatility Exchange Traded Funds

MONTREAL, May 3, 2017 /CNW Telbec/ - Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), announces the launch of a new exchange traded funds to complement the multifactor-controlled volatility category. The Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF has closed the initial offering of units, and those units will begin trading on the Toronto Stock Exchange (TSX) today.

"In combination with existing equity ETFs, this logical next step allows our investors to access global developed equity markets through our innovative and value-adding approach," says Nicolas Richard, Chief Executive Officer of DGAM.

Here are the ticker symbol and management fees of the Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF that will commence trading on the TSX today:

Exchange Traded Funds (ETF)	Ticker Symbols (TSX)	Management Fees^1
Desjardins Multifactor-Controlled Volatility ETFs
Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF	DFD	0,60 %

¹The annual management fees are based on a percentage of the net asset value of the corresponding Desjardins ETF, and are calculated daily and payable monthly in arrears, plus applicable taxes.

Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF (TickerTSX: DFD) The Fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a developed markets (ex-USA ex-Canada) multifactor-controlled volatility equity index. Currently, the Fund seeks to replicate the performance of the Scientific Beta Developed ex-USA ex-Canada Multifactor-Controlled Volatility Index, net of fees and expenses. Under normal market conditions, the Fund will primarily invest in international (ex-USA ex-Canada) equity securities.

To obtain additional information about the Desjardins ETFs, visit the manager's website at www.desjardinsETF.com.

About Desjardins Group
Desjardins Group is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets close to $260 billion. It has been rated one of the Best Employers in Canada by Aon Hewitt. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Counted among the world's strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and credit ratings in the industry.

The Desjardins Exchange Traded Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, management fees and expenses all may be associated with an investment in exchange traded funds. Please read the prospectus before investing. Desjardins Global Asset Management Inc. is the manager and portfolio manager of the Desjardins Exchange Traded Funds. The Desjardins Exchange Traded Funds are offered by registered dealers.

Index Disclaimers

The Scientific Beta Multifactor-Controlled Volatility Indices are the intellectual property (including registered trademarks) of EDHEC Risk Institute Asia Ltd and/or its licensors, which is used under license within the framework of ERI Scientific Beta activity. The Desjardins Multifactor-Controlled Volatility ETFs that replicate fully or partially the Scientific Beta Multifactor-Controlled Volatility Indices are not sponsored, endorsed, sold or promoted by EDHEC Risk Institute Asia Ltd and its licensors and neither EDHEC Risk Institute ASIA Ltd nor its licensors shall have any liability with respect thereto.

SOURCE Desjardins Group

(media inquiries only): Jacques Bouchard, Public relations, Desjardins Group, 514-281-0844, or 1-866-866-7000, ext. 5557940, [email protected]