Desjardins has expanded its global equity offering with the launch of a new exchange-traded fund (ETF) that tracks the Solactive GBS United States 400 CAD Index.

The Desjardins American Mid Cap Equity Index ETF is designed to track the performance of large- and mid-sized companies from 24 emerging market countries. It includes stocks from 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. Together with the existing emerging markets ETF, Desjardins now provides a powerful toolkit for investors seeking c