The ETF lineup covers different Canadian government- and corporate-issued bond indices
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Vanguard has announced four new low-cost Canadian fixed-income ETFs, which have been listed on the TSX.
“In an uncertain market, investors and advisors are looking for high-quality fixed income solutions to build broadly diversified portfolios, at a low cost,” said Atul Tiwari, managing director for Vanguard Investments Canada. He said that the fees for the four new ETFs are among the lowest in their respective categories; the management fees range from 0.17% to 0.25%.
The four new ETFs are the Vanguard Canadian Government Bond Index ETF (VGV), Vanguard Canadian Corporate Bond Index ETF (VCB), Vanguard Canadian Short-Term Government Bond Index ETF (VSG), and Vanguard Canadian Long-Term Bond Index ETF (VLB).
The primary investments, tracked indices, and management fees for the four ETFs were also announced:
With the new listings, Vanguard has a total of 9 fixed-income ETFs in Canada, which include domestic, US, and global bonds, according to Vanguard Investments Canada Head of Product Tim Huver. There are currently 33 Vanguard ETFs in the country, with over $9.6 billion in AUM as of Dec. 31.
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“In an uncertain market, investors and advisors are looking for high-quality fixed income solutions to build broadly diversified portfolios, at a low cost,” said Atul Tiwari, managing director for Vanguard Investments Canada. He said that the fees for the four new ETFs are among the lowest in their respective categories; the management fees range from 0.17% to 0.25%.
The four new ETFs are the Vanguard Canadian Government Bond Index ETF (VGV), Vanguard Canadian Corporate Bond Index ETF (VCB), Vanguard Canadian Short-Term Government Bond Index ETF (VSG), and Vanguard Canadian Long-Term Bond Index ETF (VLB).
The primary investments, tracked indices, and management fees for the four ETFs were also announced:
| ETF | Invested Primarily In | Index Tracked | Management Fee |
| VCB | Public, investment-grade non-government fixed-income securities listed in Canada | Bloomberg Barclays Global Aggregate Canadian Credit Float Adjusted Bond Index | 0.23% |
| VLB | Public, investment-grade fixed-income securities issued in Canada | Bloomberg Barclays Global Aggregate Canadian 10+ Year Float Adjusted Bond Index | 0.17% |
| VSG | Public, investment-grade government fixed-income securities issued in Canada | Bloomberg Barclays Global Aggregate Canadian Government 1-5 Year Float Adjusted Bond Index | 0.18% |
| VGV | Public, investment-grade government fixed-income securities issued in Canada | Bloomberg Barclays Global Aggregate Canadian Government Float Adjusted Bond Index | 0.25% |
With the new listings, Vanguard has a total of 9 fixed-income ETFs in Canada, which include domestic, US, and global bonds, according to Vanguard Investments Canada Head of Product Tim Huver. There are currently 33 Vanguard ETFs in the country, with over $9.6 billion in AUM as of Dec. 31.
Related stories:
BMO Investments announces fund changes
Is the growth of ETFs unstoppable?
