Desjardins Market Neutral ETF US$ Hedged DANC.U Strategy

DANC seeks to achieve positive returns in both positive or negative equity market conditions. DANC is diversified in a number of pairs of correlated issuers generally within the same industry sector that neutralize the net market value of long and short positions, thereby reducing sector biases and market exposure. DANC primarily invests, directly or indirectly, in long and short positions of equity securities of issuers located in Canada and throughout the world, treasury bills, money market instruments or other equivalent short term debt securities. DANC may employ leverage created through the use of cash borrowings, short sales and derivatives, with aggregate exposure to those sources of leverage generally expected to be less than 100% of its NAV and will not exceed 300% of its NAV.