Toronto-based Vanguard Investments Canada Inc. has launched two currency-hedged exchange-traded funds (ETFs). Vanguard FTSE Developed Asia Pacific All Cap Index ETF tracks the performance of the Asia-Pacific equity index, which is focused on developed Asia-Pacific markets. Vanguard FTSE Developed Europe All Cap Index ETF focuses on a broad European equity index that’s composed of developed European markets. Both ETFs are hedged to the Canadian dollar. Vanguard also offers two non-hedged ETFs that follow the same indices. Management fees for both currency-hedged ETFs are 0.2% of net asset value (NAV).
(fcollie@investmentexecutive.com).
© 2016 Investment Executive. All rights reserved.