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Desjardins Global Macro ETF
DGLM (Desjardins Global Macro ETF) is an active Canadian Fixed Income ETF by Desjardins. With a 0.90% MER, it provides diversified exposure. Quarterly distribution with a 1.59% yield.
DGLM is actively managed by Desjardins's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.90% MER reflects the costs of a more specialized management approach.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.