Vanguard Canada to Change Risk Rating of Vanguard Conservative ETF Portfolio

TORONTO, July 28, 2023 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced a change to the risk rating of the Vanguard Conservative ETF Portfolio (the "Vanguard ETF") from "Low" to "Low to Medium". This change was as a result of ongoing review and was not the result of any changes to the investment objectives, investment strategies or management of the Vanguard ETF.

About Vanguard

Canadians own CAD $80 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada Inc. manages CAD $54 billion in assets (as of March 31, 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 $7.5 trillion (CAD $10 trillion) in global assets, including over USD $2.1 trillion (CAD $2.8 trillion) in global ETF assets (as of February 28, 2023). Vanguard has offices in the United States, Canada, Mexico, Europe, Australia and Asia. The firm offers 431 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
[email protected]

Important information

Commissions, management fees, and expenses all may be associated with investment funds. Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers.