Desjardins launches responsible investment ETF

A new responsible investment ETF from Desjardins Global Asset Management Inc. (DGAM) began trading on the Toronto Stock Exchange on Friday.

The Desjardins RI Developed ex-USA ex-Canada – Low CO2 Index ETF seeks to replicate the performance of the Scientific Beta Desjardins Developed ex-US ex-CA RI Low Carbon Index, net of fees and expenses, according to a release.

The fund invests in small- and mid-cap companies outside of Canada and the U.S. that meet pre-determined environmental, social and governance standards.

“We are pleased to offer our investors attractive growth potential while supporting the transition to a greener economy,” DGAM CEO Nicolas Richard said in the release.

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