Vanguard Investments Canada Inc. has announced that four new domestic fixed-income ETFs began trading on the TSX today, doubling a lineup that previously included a couple of short-term bond index ETFs, an aggregate bond index ETF and two currency-hedged foreign bond ETFs.
The new funds add coverage to government and corporate bonds, long-term bonds, and to domestic short-term government bonds. The full release is here on Canada Newswire. Here are the names, ticker symbols and Management fees of the four new ETFs:
ETF |
TSX Symbol |
Management Fee1 |
Vanguard Canadian Corporate Bond Index ETF |
VCB |
0.23% |
Vanguard Canadian Long-Term Bond Index ETF |
VLB |
0.17% |
Vanguard Canadian Short-Term Government Bond Index ETF |
VSG |
0.18% |
Vanguard Canadian Government Bond Index ETF |
VGV |
0.25% |
These four new ETFs round out a list of domestic fixed-income ETFs that also include the Canadian Aggregate Bond Index ETF (VAB), the Canadian Short-term Bond Index ETF (VSB), the Canadian Short-term Corporate Bond Index ETF (VSC) and two foreign (US and global) bond index ETFs hedged back into the Canadian dollar (VBU and VBG respectively). You can find the full list, including the four new products, here. (Select Fixed Income as the asset class to zero in on the full list of nine bond ETFs.)
In the press release, Vanguard Canada head of product Tim Huver said “These ETFs provide the flexibility to position portfolios along the yield curve and take advantage of targeted exposure to corporate and government bonds.”