Desjardins RI Canada - Net-Zero Emissions Pathway ETF (DRMC.TO)

ETF profile

Desjardins RI Canada - Net-Zero Emissions Pathway ETF (DRMC.TO)

Country: CanadaSector: Financial ServicesIndustry: Asset ManagementExchange: TSX

Company overview

The fund aims to create an ESG portfolio having significantly reduced weighted average carbon intensity relative to its reference equity universe Scientific Beta Canada Universe. It initially selects large- and mid-cap stocks from its reference universe according to market capitalization and liquidity. Eligible securities are then narrowed down through Carbon Filteringa process of removing the most carbon intensive stocks within each sector as well as the companies that fail to meet the funds pre-determined ESG standards. Holdings are market-cap-weighted and are rebalanced on a quarterly basis.

WebsiteN/A
SectorFinancial Services
IndustryAsset Management
CountryCanada
Trades inCAD
Current price
47.11-0.02%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Desjardins RI Canada - Net-Zero Emissions Pathway ETF (DRMC.TO)

DRMC.TO · TSX · Financial Services
47.11-0.02%
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No price history available.

About

The fund aims to create an ESG portfolio having significantly reduced weighted average carbon intensity relative to its reference equity universe Scientific Beta Canada Universe. It initially selects large- and mid-cap stocks from its reference universe according to market capitalization and liquidity. Eligible securities are then narrowed down through Carbon Filteringa process of removing the most carbon intensive stocks within each sector as well as the companies that fail to meet the funds pre-determined ESG standards. Holdings are market-cap-weighted and are rebalanced on a quarterly basis.

SectorFinancial Services
IndustryAsset Management
CountryCanada
Trades inCAD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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