Mr. Matt Gierasimczuk of Vanguard Investments Canada reports

VANGUARD CANADA EXPANDS DIVIDEND ETF LINEUP WITH THE LAUNCH OF A U.S. HIGH DIVIDEND YIELD INDEX ETF (TSX: VUDV)

Vanguard Investments Canada Inc. has launched Vanguard U.S. High Dividend Yield Index ETF, offering investors and advisers a low-cost way to access U.S. companies with above average dividend yields. This Canada-domiciled ETF (exchange-traded fund) will begin trading this morning on the Toronto Stock Exchange under the ticker VUDV.

"Canadian investors and financial advisers continue to demand well-diversified income solutions," said Sal D'Angelo, head of product and marketing, Vanguard Canada. "We are pleased to meet that demand by adding a low-cost U.S. high-dividend option designed for sustainable income, to complement our existing dividend ETF lineup."

Introducing the Vanguard U.S. High Dividend Yield ETF (symbol VUDV)

Vanguard U.S. High Dividend Yield Index ETF seeks to track the FTSE High Dividend Yield Index, a U.S. equity index that tracks companies with above average dividend yields. This ETF invests in over 560 stocks of U.S. companies with a low-cost management fee of 0.28 per cent and expects to issue dividends on a quarterly basis. This brings the total number of Vanguard ETFs in Canada to 39.

"This new ETF provides clients with sustainable income, while also diversifying U.S. equity exposure towards more value-oriented sectors, an area of the U.S. equity market that we see as attractive in the medium term. Importantly, this ETF leverages a 20-year history and performance track record in the U.S. with the backing and expertise of our global investment teams," said Mr. D'Angelo.

Canadians own $192-billion (Canadian) in Vanguard assets, including Canadian- and United States-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada manages $145-billion (Canadian) in assets (as of Feb. 28, 2026) with 39 Canadian ETFs and 10 mutual funds currently available. The Vanguard Group Inc. is one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services. Vanguard manages $12.3-trillion (U.S.) ($16.7-trillion (Canadian)) in global assets, including over $4.3-trillion (U.S.) ($5.8-trillion (Canadian)) in global ETF assets (as of Jan. 31, 2026). Vanguard has offices in the United States, Canada, Mexico, Europe and Australia. The firm offers 465 funds, including ETFs, to its more than 50 million investors worldwide.

Vanguard operates under a unique operating structure. Unlike firms that are publicly held or owned by a small group of individuals, Vanguard Group is owned by Vanguard's U.S.-domiciled funds and ETFs. Those funds, in turn, are owned by Vanguard clients. This unique mutual structure aligns Vanguard interests with those of its investors and drives the culture, philosophy and policies throughout the Vanguard organization worldwide. As a result, Canadian investors benefit from Vanguard's stability and experience, low-cost investing, and client focus.