Tag Archives: factor-based ETFs

Vanguard unveils four single-factor actively managed ETFs

MM30087LOGOVanguard Investments Canada Inc. has launched four new actively managed ETFs that began trading on the TSX on June 22. In a press release, the company said they are the first actively managed Exchange Traded Funds it provides in Canada.

In the U.S., and despite its strong image as a provider of low-cost “passive” index-tracking strategies, The Vanguard Group Inc. has had a long track record with actively managed strategies and, with almost US$1 trillion in global actively managed assets, is one of the world’s largest active managers.

The new “active” products are managed by Vanguard’s Quantitative Equity Group (QEG), which has existed since 1991. Each of the new ETFs will have a management fee of 0.35%. (Final MER may be slightly higher after fees and expenses).

The four new ETFs are:

Vanguard Global Minimum Volatility ETF, ticker VVO.

Vanguard Global Value Factor ETF, ticker VVL.

Vanguard Global Momentum Factor ETF, ticker VMO.

Vanguard Global Liquidity Factor ETF, ticker VLQ.

For more on the development, see this link on the company’s website.