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%
The three new products are each composed of seven core Vanguard equity and fixed-income index ETFs and have a management fee of 0.22%
A new risk reading aims to represent how investor risk appetites are trending
The company now offers 12 target-date funds in Canada, ranging in retirement years from 2015 to 2065
Bonds have shown to be the best non-correlated assets and offer better potential offset to stock market losses than other asset classes