Vanguard All-World, Developed Europe and Asia Pacific Equity ETFs Transition to New FTSE Indexes Français
TORONTO, Sept. 30, 2015 /CNW/ -- Vanguard Investments Canada Inc. announced three of its TSX-listed exchange-traded funds (ETFs) will seek to track more broadly diversified FTSE indexes beginning October 1, 2015. The ETFs will transition from FTSE benchmarks containing large- and mid-cap stocks to broader FTSE benchmarks that include large-, mid-, and small-cap stocks.
The ETFs will be renamed, but their ticker symbols will remain unchanged. The following table summarizes the changes.
Vanguard ETF® |
New ETF name |
TSX ticker |
Former FTSE benchmark |
New FTSE benchmark |
Vanguard FTSE All-World ex Canada Index ETF |
Vanguard FTSE Global All Cap ex Canada Index ETF |
VXC |
FTSE All-World ex Canada Index |
FTSE Global All Cap ex Canada China A Inclusion Index |
Vanguard FTSE Developed Europe Index ETF |
Vanguard FTSE Developed Europe All Cap Index ETF |
VE |
FTSE Developed Europe Index |
FTSE Developed Europe All Cap Index |
Vanguard FTSE Developed Asia Pacific Index ETF |
Vanguard FTSE Developed Asia Pacific All Cap Index ETF |
VA |
FTSE Developed Asia Pacific Index |
FTSE Developed Asia Pacific All Cap Index |
Vanguard FTSE All-World ex Canada Index ETF will also gain exposure to China A-Shares when the U.S.-listed Vanguard FTSE Emerging Markets ETF (NYSE: VWO) in which it invests transitions to a new index. This transition will take place over several months.
These transitions are part of the changes to six international TSX-listed equity index funds announced by Vanguard in June 2015.
About Vanguard
Vanguard Investments Canada Inc. is a wholly owned indirect subsidiary of The Vanguard Group, Inc. and manages about $5.5 billion (CAD) in assets. The Vanguard Group, Inc. is one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services. Vanguard manages more than $3.2 trillion (USD) in global assets, including nearly $500 billion (USD) in global ETF assets. Vanguard has offices in the United States, Canada, Europe, Australia and Asia. The firm offers 300 funds, including ETFs, to its more than 20 million investors worldwide.
Vanguard operates under a unique operating structure. Unlike firms that are publicly held or owned by a small group of individuals, The Vanguard Group, Inc. is owned by Vanguard's U.S.- domiciled funds and ETFs. Those funds, in turn, are owned by Vanguard clients. This unique mutual structure aligns Vanguard interests with those of its investors and drives the culture, philosophy, and policies throughout the Vanguard organization worldwide. As a result, Canadian investors benefit from Vanguard's stability and experience, low-cost investing, and client focus. For more information, please visit vanguardcanada.ca.
All asset figures are as of August 31, 2015, unless otherwise noted.
Commissions, management fees, and expenses all may be associated with investments in a Vanguard ETF®. Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. Vanguard ETFs® are managed by Vanguard Investments Canada Inc., an indirect wholly-owned subsidiary of The Vanguard Group, Inc., and are available across Canada through registered dealers.
London Stock Exchange Group companies include FTSE International Limited ("FTSE"), Frank Russell Company ("Russell"), MTS Next Limited ("MTS"), and FTSE TMX Global Debt Capital Markets Inc. ("FTSE TMX"). All rights reserved. "FTSE®", "Russell®", "MTS®", "FTSE TMX®" and "FTSE Russell" and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence. All information is provided for information purposes only. No responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors for any errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies nor any of its licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Global All Cap ex Canada China A Inclusion Index, FTSE Developed Europe All Cap Index and the FTSE Developed Asia Pacific All Cap Index or the fitness or suitability of the Indexes for any particular purpose to which they might be put.
All investments, including those that seek to track indexes, are subject to risk, including the possible loss of principal. Diversification does not ensure a profit or protect against a loss in a declining market. While ETFs are designed to be as diversified as the original indexes they seek to track and can provide greater diversification than an individual investor may achieve independently, any given ETF may not be a diversified investment.
SOURCE Vanguard Investments Canada Inc.
Vanguard PR at 610-669-5002, [email protected]
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