Staff
Vanguard Investments Canada Inc. has lowered the management fees on more than half of its 21 Canadian ETFs. This lowers the firm’s asset-weighted average management fee to 0.14% from 0.19%.
“Low costs are a critical element in the investing equation,” says Atul Tiwari, managing director of Vanguard Investments Canada Inc. “We are lowering the cost and complexity of investing worldwide and are pleased to further reduce investment costs for Canadian investors.”
Here’s a list of the new fees.
| Vanguard ETF™ | TSX ticker symbol | New annual management fee (% of NAV) | Old annual management fee (% of NAV) |
| Vanguard FTSE Canada Index ETF | VCE | 0.05% | 0.09% |
| Vanguard FTSE Canada All Cap Index ETF | VCN | 0.05% | 0.12% |
| Vanguard FTSE Canadian High Dividend Yield Index ETF | VDY | 0.20% | 0.30% |
| Vanguard S&P 500 Index ETF | VFV | 0.08% | 0.15% |
| Vanguard S&P 500 Index ETF (CAD-hedged) | VSP | 0.08% | 0.15% |
| Vanguard FTSE Developed ex North America Index ETF | VDU | 0.20% | 0.28% |
| Vanguard FTSE Developed ex North America Index ETF
(CAD-hedged) |
VEF | 0.20% | 0.28% |
| Vanguard FTSE Emerging Markets Index ETF | VEE | 0.23% | 0.33% |
| Vanguard Canadian Aggregate Bond Index ETF | VAB | 0.12% | 0.20% |
| Vanguard Canadian Short-Term Bond Index ETF | VSB | 0.10% | 0.15% |
| Vanguard Canadian Short-Term Corporate Bond Index ETF | VSC | 0.10% | 0.15% |