Solactive is pleased to deepen its collaboration with Desjardins Investments with the launch of Desjardins American Mid Cap Equity Index ETF (DMID) tracking the Solactive GBS United States 400 CAD Index (CA NTR). This launch builds on the successful introduction of the Desjardins Emerging Market Equity Index ETF in February 2025, which tracks the Solactive GBS Emerging Markets Large & Mid Cap Index. It also complements the suite of core equity solutions launched in April 2024, including the Desjardins Canadian Equity Index ETF (DMEC), Desjardins American Equity Index ETF (DMEU) and Desjardins International Equity Index ETF (DMEI). Together, these products object to offer investors diversified and cost-efficient access to various equity segments across Canadian, U.S., international developed, and emerging markets – establishing a comprehensive and regionally balanced offering.
The Solactive GBS Emerging Markets Large & Mid Cap CAD Index (CA NTR) is designed to track the performance of large- and mid-sized companies from 24 emerging market countries. It includes stocks from regions such as Asia, Latin America, Eastern Europe, and the Middle East, covering around 85% of the investable market in those economies. The index is weighted by free-float market capitalization and reviewed quarterly. Calculated in Canadian dollars on a net total return basis, it aims to offer Canadian investors broad and diversified access to the growth potential of emerging markets.
The Solactive GBS United States 400 CAD Index (CA NTR) is the Canadian dollar net total return version of the Solactive GBS United States 400 Index. As a key segment within the broader Solactive GBS United States 1500 Index family, it is designed to reflect the performance of the U.S. mid-cap equity market. The index includes 400 U.S.-listed mid-sized companies selected and weighted by free-float market capitalization from the broader investable universe. By focusing on mid-cap stocks, the index captures the growth potential and entrepreneurial dynamism of U.S. businesses that are typically beyond the early growth phase but not yet mature large caps.
The Desjardins Emerging Market Equity Index ETF was listed on the 27th February on the Toronto Stock Exchange (TSX) with the ticker symbol DMEE.
The Desjardins American Mid Cap Equity Index ETF was listed on 28th August on the Toronto Stock Exchange (TSX) with the ticker DMID.
Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We are delighted to deepen our relationship with Desjardins through the launch of this new ETF tracking the Solactive GBS United States 400 CAD Index. Together with the existing emerging markets ETF, Desjardins now provides a powerful toolkit for investors seeking cost-effective access to global equity exposure. At Solactive, we are proud to support Desjardins’ continued innovation with robust, rules-based indexing solutions.”
