Vanguard MSCI Canada Index ETF is to track a new index, the FTSE Canada Index.
As a result, the name of this exchange-traded fund (ETF) will change to Vanguard FTSE Canada Index ETF. The ticker will stay the same.
The FTSE Canada Index is a market capitalisation-weighted index that provides coverage of the Canadian equities market. The Vanguard Group has entered into long-term agreements with FTSE that are expected to provide cost certainty and savings over time for this and other Vanguard ETFs.
The index offers comprehensive and diversified exposure to Canadian large- and mid-cap stocks. It is comparable to the fund’s prior benchmark, and as a result, will not change the primary investment strategies, investment limitations or policies of the fund.
