TORONTO, Dec. 17, 2021 /CNW/ - Vanguard Investments Canada Inc. today announced estimated annual capital gains distributions for the Vanguard ETFs listed below for the 2021 tax year.  This is an update to the estimated annual capital gains distributions announced on November 16, 2021.  Please note that these are estimated amounts only as of December 15, 2021 and could change if the Vanguard ETFs experience subscriptions or redemptions prior to the ex-dividend date.

These amounts are for the year-end capital gains distributions only, which will be re-invested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. The annual capital gains distributions do not include the ongoing monthly or quarterly cash distribution amounts, which are reported in a separate press release. 

Vanguard Investments Canada Inc. expects to announce the final annual reinvested distribution amounts for VGAB, VBG and VBU on or about December 23, 2021 for all Vanguard ETFs.

The ex-dividend date for the 2021 annual distributions will be December 23, 2021.  The record date for the 2021 annual distributions will be December 24, 2021 and payable on January 5, 2022.  The actual taxable amounts of reinvested capital gains distributions for 2021, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early-2022.

Vanguard ETF

TSX
Ticker Symbol

Annual capital gain per unit as of
December 15, 2021 ($)

Vanguard Global Aggregate Bond Index ETF (CAD-hedged)

VGAB

0.000000

Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged)

VBG

0.000000

Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged)

VBU

0.015086

 

Forward-looking information

This notice contains forward-looking statements with respect to the estimated December 2021 capital gains distributions for the Vanguard ETFs.  By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements.  Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the Vanguard ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.

To learn more about TSX-listed Vanguard ETFs, please visit www.vanguard.ca

About Vanguard
Canadians own CAD $63 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada Inc. manages CAD $44 billion in assets (as of September 30, 2021) with 37 Canadian ETFs and six 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 USD $8 trillion (CAD $10 trillion) in global assets, including over USD $2 trillion (CAD $2.4 trillion) in global ETF assets (as of September 30, 2021). Vanguard has offices in the United States, Canada, Mexico, Europe, Australia and Asia. The firm offers 417 funds, including ETFs, to its more than 30 million investors worldwide.

Vanguard operates under a unique operating structure. Unlike firms that are publicly held or owned by a small group of individuals, The Vanguard Group, Inc. 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. For more information, please visit vanguardcanada.ca.

Commissions, management fees, and expenses all may be associated with investment funds. Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers.

SOURCE Vanguard Investments Canada Inc.

Copyright 2021 Canada NewsWire

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