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Vanguard migrates three ETFS to NEO Exchange

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TORONTO—The NEO Exchange (“NEO”) is proud to announce that Vanguard Investments Canada Inc. (“Avant-garde”) 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 US Aggregate Bond Index ETF (hedged to CAD) – NEO: VBU
  2. Vanguard Global ex-US Aggregate Bond Index ETF (hedged to CAD) – NEO:VBG
  3. Vanguard Global Aggregate Bond Index ETF (CAD hedged) – NEO: VGAB

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The existing tickers for 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 back to the Canadian dollar.

Vanguard is now 22n/a fund maker to list products on the NEO Exchange, and the fifth to migrate funds to NEO.

“Vanguard’s investment mission and philosophy is based on providing investors with leading investment products and services,” commented Kathleen Bock, head of Vanguard Investments Canada Inc. “We are excited to work with NEO to provide greater service diversification across our ETF suite and help us make a difference for investors and financial advisors..”

Investors can trade shares of Vanguard three bond index ETFs through their usual investment channels, including discount brokerage platforms and full service brokers. Click here for a full view of all securities listed at NEO.

“As one of the largest fund makers in the world, with a strong ETF lineup, we are proud to welcome Vanguard as the first issuer on the NEO Exchange,” added Jos Schmitt, President of NEO. “At NEO, we are committed to pursuing innovation as we drive change and serve as a champion of the dynamic Canadian ETF industry. We look forward to continuing our partnership with Vanguard in the years to come. »

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 routinely facilitates approximately 20% of all Canadian ETF trades and 10%-15% of all volume traded on Canadian marketplaces.

About the NEO Scholarship

The NEO Exchange is Canada’s Tier 1 exchange for the innovation economy, bringing together investors and capital raisers in 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 all Canadian-listed securities on an equal footing. NEO lists companies and investment products looking for an internationally recognized exchange that enables investor confidence, quality liquidity and broad awareness, including unfettered access to market data.

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NEO recently launched Canadian ETF Market, a user-friendly platform offering investors and advisors 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 over 1,200 Canadian ETFs, free of charge.

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

About Vanguard

Canadians own C$68 billion in Vanguard assets, including Canadian- and US-domiciled ETFs and Canadian mutual funds. Vanguard manages C$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 US$8.1 trillion (C$10.4 trillion) in global assets, including more than US$2.2 trillion (C$2.8 trillion) in global ETF assets (at April 30, 2022). Vanguard has offices in the United States, Canada, Mexico, Europe, Australia and Asia. The company offers 410 funds, including ETFs, to its more than 30 million investors worldwide.

Vanguard operates under a single operating structure. Unlike companies 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. These funds, in turn, belong to Vanguard customers. This unique mutual structure aligns Vanguard’s interests with those of its investors and guides the culture, philosophy and policies of the Vanguard organization worldwide. Therefore, Canadian investors benefit from Vanguard’s stability and experience, low cost investments and customer focus. For more information, please visit vanguard.ca.

Connect with Vanguard: Website | LinkedIn

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220622005385/en/

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NEO Media:
Aimee Morita
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