Canadian ETF knowledgebase
The fund seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad U.S. equity index that measures the investment returns of large-capitalization U.S. stocks, which Index is hedged to the Canadian dollar.
Currently, this Vanguard ETF seeks to track the MSCI U.S. Broad Market 100% Hedged to CAD Index (or any successor thereto).
It invests directly or indirectly primarily in stocks of U.S. companies and uses derivative instruments to seek to hedge the U.S. dollar exposure of the securities included in the MSCI U.S. Broad Market Index back to the Canadian dollar.
The MSCI USA Broad Market Index captures broad US equity coverage. The index includes 3,209 constituents across large, mid, small and micro capitalizations, representing about 99% of the US equity universe.
|Category (main)||American Equity - Broad Market|
|Underlying Index||MSCI U.S. Broad Market 100% Hedged to CAD Index|
|ETF Structure||Passive type. Endeavours to return the Index return before fees/costs|
|Asset Class||Equity - USA Broad Market|
|Issuer||Vanguard Investments Canada|
|ETF Home Page||Available here|
* USA is an acronym for Europe, Australasia and Far East
|Inception Date||Nov 29, 2011|
|Significant Currency Exposure||Yes|
|Management Expense Ratio (MER)||0.17% *|
|Exchange||TSX (Toronto Stock Exchange)|
|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.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:
Canada ETFs's analysis of this ETF will be available soon.