Montreal-based Desjardins Global Asset Management Inc. on Tuesday announced management fee reductions for two Desjardins exchange-traded funds, effective Aug. 23.
The management fee for Desjardins Canadian Short Term Bond Index ETF (DCS) will fall to 0.09% from 0.15%, and the fee for Desjardins 1-5 year Laddered Canadian Government Bond Index ETF (DSG) will drop to 0.15% from 0.20%.
The changes are subject to approval by regulatory authorities.
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