Toronto-based Vanguard Investments Canada Inc. has added a low-cost pooled fund for institutional investors to its lineup.
Vanguard Global All-Cap ex Canada Equity Index Pooled Fund will focus on emerging and developed markets outside of Canada, tracking the performance of a “broad global equity fund index” and investing either directly or indirectly in large-, mid- and small-capitalization stocks.
“This new pooled fund builds on the recent launch of our 10 target retirement funds and complements our existing suite of Vanguard Pooled Funds as we continue to grow our footprint in the institutional investor marketplace,” says Atul Tiwari, managing director of Vanguard, in a statement.
With this addition, Vanguard now has eight pooled investment vehicles in Canada.