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
Vanguard Global All-Cap ex Canada Equity Index Pooled Fund will focus on emerging and developed markets outside of Canada
There may be less clarity about when to access pension plans or how much is needed upon retirement among many recent and pre-retirees, Vanguard study suggests