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Vanguard FTSE Canadian High Dividend Yield Index ETF - VDY

ETF Overview

The fund seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian equity index that measures the investment return of common stocks of Canadian companies that are characterized by high dividend yield.

Currently, this Vanguard ETF seeks to track the FTSE Canada High Dividend Yield Index (or any successor thereto).

It invests primarily in common stocks of Canadian companies that pay dividends.

Additional Index Information

The FTSE Canada High Dividend Yield Index comprises stocks that are characterized by higher than- average dividend yields.

The index universe is based on the large, mid and small cap constituents of the Canada country component of the FTSE Global Equity Index Series (GEIS).

The Ground Rules for GEIS also form the basis for the management of the FTSE Canada High Dividend Yield Index.

Real estate investment trusts (REITS), whose income may not qualify for favorable tax treatment are removed from the index universe, as are stocks that are not forecast to pay a dividend during the next 12 months.

The remaining stocks are ranked by annual dividend yield and included in the target index until the cumulative market capitalization reaches 50% of the total market cap of this universe of stocks.

Key ETF Data

Fundamentals
Category (main) Canadian Equity Income - High-yield stocks
Underlying Index FTSE Canada High Dividend Yield Index
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity Income - High-yield stocks
Region Canada
Issuer Vanguard Investments Canada
ETF Home Page Available here
Fund Facts
Inception Date Nov 1, 2012
Total Holdings 81
Distribution Frequency Monthly
Leverage None
Significant Currency Exposure No
Currency Hedging Not applicable
Fees
Management Fee 0.30%
Management Expense Ratio (MER) 0.35% *

* 2012

Trading Information
Ticker VDY
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Yes
PACC Plan available ** No
SWP available ** No

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

ETF Analysis

Canada ETFs's analysis of this ETF will be available soon.