Mr. Jean-Francois Girard reports

LAUNCH OF THE DESJARDINS GLOBAL GOVERNMENT BOND INDEX ETF

Desjardins Investments Inc. (DI), acting as manager for the Desjardins exchange-traded funds (ETFs), has launched a new ETF: the Desjardins Global Government Bond Index ETF. DI has closed the initial public offering of units, and those units will begin trading on the Toronto Stock Exchange today.

"The expansion of our lineup of competitively priced index ETFs reflects our commitment to providing our clients with simple and effective solutions for building diversified portfolios at a low cost," said Jean-Francois Girard, vice-president and head of investment fund development and management at Desjardins Wealth Management.

The fund, managed by Desjardins Global Asset Management Inc. as portfolio manager, begins trading on the TSX today. The ETF's ticker symbol and applicable management fees are indicated below:

Exchange-traded fund (ETF)                     Ticker symbol (TSX)      Management fees

Desjardins Global Government Bond Index ETF                  DGGB                 0.20%         

Desjardins Global Government Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a global government bond index. Currently, the fund seeks to replicate the performance of the Solactive G7 Government Bond CAD Hedged TR Index. Under normal market conditions, the fund will primarily invest in government bonds issued by G7 countries, namely Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.