Low-fee global equity ETFs can track thousands of names
The strategy can work in bull and bear markets
Changes are effective immediately
The portfolios are made up of various underlying Vanguard ETFs
Kathy Bock will replace Atul Tiwari, who built the company into the third-largest ETF provider in Canada
New fund provides exposure to the largest high dividend-paying companies across 23 developed international markets
The actively managed mutual funds will be the first time advisors with a mutual fund licence will have access to Vanguard’s products in Canada
Mutual funds launch could make Vanguard a formidable competitor
The actively managed funds are expected to have a management fee of no greater than 0.50% for F-class units
Management fee reduced to 0.08% from 0.12%