Mr. Matt Gierasimczuk of Vanguard Canada reports

VANGUARD CANADA EXPANDS DIVIDEND ETF LINEUP WITH THE LAUNCH OF TWO NEW ETFS

Vanguard Investments Canada Inc. has expanded its dividend exchange-traded fund lineup, offering investors and advisers two new income-focused ETFs designed for high-dividend yield and dividend growth strategies. Vanguard Developed ex-North America Dividend Appreciation Index ETF and Vanguard U.S. High Dividend Yield Index ETF (CAD-Hedged) will begin trading this morning on the Toronto Stock Exchange.

"We have a long track record in providing Canadians with robust dividend ETF solutions backed by our experienced global investment teams," said Sal D'Angelo, head of product and marketing, Vanguard Canada. "By offering these two new ETFs, focused on high-dividend yield and dividend growth, respectively, investors have access to a full range of high-quality and low-cost dividend ETF strategies."

Vanguard Developed ex-North America Dividend Appreciation ETF

This ETF tracks a market-capitalization-weighted index that is focused on companies located in developed markets excluding Canada and the United States, with a history of increasing dividends over time with a management fee of 0.28 per cent.

Vanguard U.S. High Dividend Yield Index ETF (CAD-Hedged)

This ETF tracks a market-cap-weighted index that is focused on common stocks of U.S. companies that are characterized by higher-than-average dividend yields, hedged to Canadian dollars, with a management fee of 0.28 per cent.

"These ETFs can serve different portfolio objectives whether it's higher current income, longer-term dividend growth or reduced currency volatility. Our goal is to provide financial advisers and investors with a full breadth of tools to build resilient and low-cost portfolios that can help their clients achieve long-term investment success," Mr. D'Angelo added.

This complements the recent launch of the Vanguard U.S. High Dividend Yield Index ETF earlier this year, providing a full suite of dividend ETF options across its lineup totalling 41 Vanguard ETFs in Canada.