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Vanguard Migrates Three ETFS to NEO Exchange

The NEO Exchange (“NEO”) is proud to announce that Vanguard Investments Canada Inc. (“Vanguard”) has migrated the following three passively-managed bond index exchange-traded funds (the “Bond Index ETFs”) from the Toronto Stock Exchange to the NEO Exchange, today:

  1. Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged) – NEO:VBU
  2. Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) – NEO:VBG
  3. Vanguard Global Aggregate Bond Index ETF (CAD-hedged) – NEO:VGAB

The existing tickers for the Bond Index ETFs remain VBU, VBG and VGAB, and all three are now available for trading on NEO. Each of the Bond Index ETFs seeks to track the performance of a broad bond index in its respective market, which index is hedged to the Canadian dollar.

Vanguard is now the 22nd fund manufacturer to list products on the NEO Exchange, and the fifth to migrate funds to NEO.

“Vanguard’s mission and investment philosophy has been built on providing investors with top-tier investment products and services,” commented Kathleen Bock, Head of Vanguard Investments Canada Inc. “We are pleased to work with NEO in providing greater service diversification across our lineup of ETFs and helping us make a difference for investors and financial advisors.”

Investors can trade shares of Vanguard’s three Bond Index ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all NEO-listed securities.

“As one of the largest fund manufacturers in the world, with a robust line-up of ETFs, we are proud to welcome Vanguard as a first-time issuer on the NEO Exchange,” added Jos Schmitt, President of NEO. “At NEO, we are committed to the continued pursuit of innovation as we drive change and serve as a champion for the vibrant Canadian ETF industry. We look forward to furthering our partnership with Vanguard over the years ahead.”

The NEO Exchange is home to over 230 unique listings, including ETFs from Canada’s largest ETF issuers, and some of the most innovative Canadian and international growth companies. NEO consistently facilitates about 20% of all trading in Canadian ETFs and 10% to 15% of all volume traded across Canadian marketplaces.

About the NEO Exchange

The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015 and acquired by Cboe Global Markets in 2022, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

NEO recently introduced Canadian ETF Market, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis, powered by ETF specialist Trackinsight. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.

Connect with NEO: Website | LinkedIn | Twitter | Instagram | Facebook

About Vanguard

Canadians own CAD $68 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard manages CAD $48 billion in assets (as of April 30, 2022) 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 $8.1 trillion (CAD $10.4 trillion) in global assets, including over USD $2.2 trillion (CAD $2.8 trillion) in global ETF assets (as of April 30, 2022). Vanguard has offices in the United States, Canada, Mexico, Europe, Australia and Asia. The firm offers 410 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.

Connect with Vanguard: Website | LinkedIn

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