Vanguard Investments Canada to broaden low cost ETF line-up
Vanguard Investments Canada plans to broaden its family of low-cost, high-quality exchange-traded funds to 11 with the addition of five new ETFs.
The firm has filed a preliminary prospectus with the Canadian securities regulators for four stock ETFs and one bond ETF. The new ETFs are:
Vanguard FTSE Canadian High Dividend Yield Index ETF
Vanguard FTSE Canadian Capped REIT Index ETF
Vanguard Canadian Short-Term Corporate Bond Index ETF
Vanguard S&P 500 Index ETF
Vanguard S&P 500 Index ETF(CAD-hedged)
Vanguard Investments Canada’s initial line-up of six ETFs was listed on Toronto Stock Exchange on 6 December 2011 and has attracted more than USD300m in total assets.
“We are pleased with the reception of Vanguard’s low-cost, index approach by Canadian advisors and investors to date. These offerings expand the ability of investors to assemble well-diversified, balanced portfolios,” says Atul Tiwari (pictured), managing director of Vanguard Investments Canada.
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