Vanguard launches International High Dividend Yield ETFBy The IJ Staff | August 28 2018 09:45AM
Vanguard Investments Canada Inc. has introduced the Vanguard FTSE Developed ex North America High Dividend Yield Index ETF. The exchange traded fund began trading on the TSX Aug. 28 with a management fee of 0.28 per cent.
"Canadian investors and advisors are increasingly looking for global income-oriented solutions," said Atul Tiwari, managing director of Vanguard Investments Canada Inc. "This ETF helps meet that need with an easy-to-understand investment process featuring strong equity yield potential with low-costs and a disciplined risk management framework."
High dividend-paying companies
"We have seen that Canadian investors value equity income options that are low-cost, global and well-diversified," said Tim Huver, head of product, Vanguard Investments Canada Inc. "This ETF provides exposure to the largest high dividend-paying companies across a diversified mix of 23 developed international markets outside of North America."