The Vanguard MSCI EAFE Index ETF (CAD-hedged) (VEF) will seek to track the FTSE Developed ex North America Hedged CAD Index, effective 29 May 2013.
As a result, the name of the exchange-traded fund (ETF) will change to Vanguard FTSE Developed ex North America Index ETF (CAD-hedged). The ticker will stay the same.
The FTSE Developed ex North America Hedged CAD Index is a market capitalisation-weighted index representing the performance of large- and mid-capitalisation stocks in developed markets outside of the US and Canada, hedged to the Canadian dollar. It provides similar exposure to the ETF’s previous index and will not impact the ETF’s primary investment objectives and strategies.
Vanguard has used FTSE indexes since 2003 and now employs the firm’s benchmarks for more than 20 index portfolios around the world.
