ETF Sage
Canadian ETF knowledgebase
EAFE: Europe, Australasia, the Middle East and the Far East.
The fund seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad global equity index that focuses on European, Australian, Asian and Far Eastern stocks, which Index is hedged to the Canadian dollar.
Currently, this Vanguard ETF seeks to track the MSCI EAFE 100% Hedged to CAD Index (or any successor thereto).
It invests directly or indirectly primarily in stocks of companies located in Europe, Australia, Asia and the Far East and uses derivative instruments to seek to hedge the foreign currency exposure of the securities included in the MSCI EAFE Index back to the Canadian dollar.
The MSCI EAFE Index is an equity index which captures large and mid cap representation across Developed Markets countries around the world, excluding the US and Canada.
With 914 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country.
Fundamentals | |
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Category (main) | EAFE Equity - Broad Market |
Underlying Index | MSCI EAFE 100% Hedged to CAD Index |
ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
Asset Class | Equity - EAFE Broad Market |
Region | EAFE (Europe, Australasia, the Middle East and the Far East) |
Issuer | Vanguard Investments Canada |
ETF Home Page | Available here |
* EAFE is an acronym for Europe, Australasia and Far East
Fund Facts | |
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Inception Date | Nov 29, 2011 |
Total Holdings | 871 |
Distribution Frequency | Quarterly |
Leverage | None |
Significant Currency Exposure | Yes |
Currency Hedging | Yes |
Fees | |
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Management Fee | 0.37% |
Management Expense Ratio (MER) | 0.43% * |
* 2012
Trading Information | |
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Ticker | VEF |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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Eligibility * | RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
DRIP available ** | Yes |
PACC Plan available ** | No |
SWP available ** | No |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: