Vanguard Investments Canada Announces Estimated 2023 Annual Capital Gains Distributions for the Vanguard ETFs®
TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) — Vanguard Investments Canada Inc. today announced the estimated annual capital gains distributions for the Vanguard ETFs listed below for the 2023 tax year. This is an update to the estimated annual capital gains distributions announced on November 15, 2023. Please note that these are estimated amounts only, as of December 15, 2023, and could change if the Vanguard ETFs experience subscriptions or redemptions prior to the ex-dividend date.
These estimates 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. These estimates do not include estimates of ongoing monthly or quarterly cash distribution amounts, which are reported in a separate press release.
Vanguard Investments Canada Inc. expects to announce the final year-end distribution amounts for all ETFs (with the exception of VBU, VBG and VGAB, which were announced on December 18, 2023) on or about December 28, 2023. The ex-dividend date for the 2023 year-end distributions for these ETFs will be December 28, 2023. The record date will be December 29, 2023 and payable on January 8, 2024. The actual taxable amounts of reinvested capital gains distributions for 2023, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early-2024.
| Vanguard ETF | TSX Ticker Symbol | Annual capital gain per unit ($)* | % of Net Asset Value (NAV) |
| Vanguard FTSE Canada Index ETF | VCE | 0.324899 | 0.76% |
| Vanguard FTSE Canada All Cap Index ETF | VCN | 0.179646 | 0.43% |
| Vanguard FTSE Canadian High Dividend Yield Index ETF | VDY | 0.138349 | 0.33% |
| Vanguard FTSE Canadian Capped REIT Index ETF | VRE | 0.330524 | 1.10% |
| Vanguard S&P 500 Index ETF | VFV | – | – |
| Vanguard U.S. Dividend Appreciation Index ETF | VGG | 0.026096 | 0.03% |
| Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) | VGH | – | – |
| Vanguard S&P 500 Index ETF (CAD-hedged) | VSP | – | – |
| Vanguard U.S. Total Market Index ETF | VUN | – | – |
| Vanguard U.S. Total Market Index ETF (CAD-hedged) | VUS | 0.510383 | 0.61% |
| Vanguard FTSE Developed Asia Pacific All Cap Index ETF | VA | – | – |
| Vanguard FTSE Developed All Cap ex U.S. Index ETF | VDU | – | – |
| Vanguard FTSE Developed Europe All Cap Index ETF | VE | – | – |
| Vanguard FTSE Emerging Markets All Cap Index ETF | VEE | – | – |
| Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) | VEF | 0.122063 | 0.24% |
| Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) | VI | – | – |
| Vanguard FTSE Developed ex North America High Dividend Yield Index ETF | VIDY | – | – |
| Vanguard FTSE Developed All Cap ex North America Index ETF | VIU | – | – |
| Vanguard FTSE Global All Cap ex Canada Index ETF | VXC | – | – |
| Vanguard Canadian Aggregate Bond Index ETF | VAB | – | – |
| Vanguard Canadian Corporate Bond Index ETF | VCB | – | – |
| Vanguard Canadian Government Bond Index ETF | VGV | – | – |
| Vanguard Canadian Long-Term Bond Index ETF | VLB | – | – |
| Vanguard Canadian Short-Term Bond Index ETF | VSB | – | – |
| Vanguard Canadian Short-Term Corporate Bond Index ETF | VSC | – | – |
| Vanguard Balanced ETF Portfolio | VBAL | 0.12186 | 0.41% |
| Vanguard Conservative Income ETF Portfolio | VCIP | – | – |
| Vanguard Conservative ETF Portfolio | VCNS | 0.206613 | 0.76% |
| Vanguard All-Equity ETF Portfolio | VEQT | 0.053857 | 0.15% |
| Vanguard Growth ETF Portfolio | VGRO | 0.115103 | 0.36% |
| Vanguard Retirement Income ETF Portfolio | VRIF | – | – |
| Vanguard Global Momentum Factor ETF | VMO | – | – |
| Vanguard Global Value Factor ETF | VVL | – | – |
| Vanguard Global Minimum Volatility ETF | VVO | – | – |
*as of December 15, 2023
Forward-looking information
This notice contains forward-looking statements with respect to the estimated 2023 year-end 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 $87 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada Inc. manages CAD $57 billion in assets (as of September 30, 2023) 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 $7.8 trillion (CAD $10.8 trillion) in global assets, including over USD $2.2 trillion (CAD $3 trillion) in global ETF assets (as of September 30, 2023). Vanguard has offices in the United States, Canada, Mexico, Europe, Australia and Asia. The firm offers 430 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 vanguard.ca.
For more information, please contact:
Matt Gierasimczuk
Vanguard Canada Public Relations
Phone: 416-263-7087
matthew_gierasimczuk@vanguard.com
Important information
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