TORONTO, Dec. 8, 2015 /CNW/ -- Vanguard Investments Canada Inc. announced today that two new Canada-domiciled exchange-traded funds (Vanguard ETFs®) will begin trading this morning on Toronto Stock Exchange (TSX). The two developed markets ETFs bring to 23 the number of ETFs offered by the firm.
| Vanguard ETF® |
Benchmark |
Annual management fee* (% of NAV) |
TSX ticker symbol |
| Vanguard FTSE Developed All Cap ex North America Index ETF |
FTSE Developed All Cap ex North America Index |
0.20% |
VIU |
| Vanguard FTSE Developed All Cap ex North |
FTSE Developed All Cap ex North America Hedged to CAD Index. |
0.20% |
VI |
The new ETFs provide investors with exposure to developed markets (excluding both Canada and the U.S.), and follow all-capitalization benchmarks that include large-, mid-, and small-capitalization stocks.
"We believe an all-cap approach moves investors closer to complete global market-cap weightings and fuller diversification benefits," said Atul Tiwari, managing director of Vanguard Investments Canada Inc. "Such diversified exposure, at a low-cost, can help investors manage investment risk, enabling them to better weather market swings."
The new ETFs will join six international TSX-listed ETFs that have transitioned, are in the process of transitioning, or will transition to all-cap indexes as part of changes first announced by Vanguard in June 2015. Once the transitions are complete, Vanguard will offer 13 ETFs with all-cap exposure.
About Vanguard
Vanguard Investments Canada Inc. is a wholly owned indirect subsidiary of The Vanguard Group, Inc., and manages more than $6 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. As of October 31, 2015, Vanguard managed $3.4 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 October 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 Developed All Cap ex North America Index or the FTSE Developed All Cap ex North America Hedged to CAD 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.
For more information, contact Vanguard PR at 610-669-5002, www.vanguard.com
Share this article