Desjardins launches 6 new ETF portfolios

Desjardins Group has expanded its product offering with the addition of six ETF portfolios. 

The new Wise ETF Portfolios, managed by Desjardins Investment Inc., offer a balance between passive and strategic beta management, the financial group said in a release on Wednesday.

The funds include the Wise Income ETF Portfolio, Wise Conservative ETF Portfolio, Wise Balanced ETF Portfolio, Wise Growth ETF Portfolio, Wise Maximum Growth ETF portfolio and Wise 100% Equity ETF Portfolio.

Management fees will range between 0.50 and 0.65% for F class units and 1.00 to 1.65% for C class units.