Vanguard Investments Canada Inc. has announced that two new Canada-domiciled ETFs (see chart below) will begin trading this morning on the TSX. The two developed markets ETFs bring to 23 the number of ETFs offered by the firm.
The 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.
The 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.
|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 America Index ETF (CAD-hedged)||FTSE Developed All Cap ex North America Hedged to CAD Index||0.20%||VI|