ETF Sage
Canadian ETF knowledgebase
The fund seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad U.S. equity index that measures the investment return of large-capitalization U.S. stocks, which Index is hedged to the Canadian dollar.
Currently, this Vanguard ETF seeks to track the S&P 500 Index (CAD Hedged) (or any successor thereto).
It invests directly or indirectly primarily in stocks of U.S.companies and uses derivative instruments to seek to hedge the U.S.dollar exposure of the securities included in the S&P 500 Index back to the Canadian dollar.
The S&P 500 CAD-Hedged Index is a leading barometer for the U.S. equity market. It consists of 500 of the largest (measured by market capitalization) and most liquid (heavily traded) stocks listed in the U.S, CAD-hedged.
S&P 500 Currency Hedged Indices are designed to represent the returns of index strategies that involve hedging currency risk while accepting underlying equity market risk. By employing such a strategy, the index seeks to reduce the risk of downward currency fluctuations while also sacrificing potential currency gains.
Fundamentals | |
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Category (main) | American Equity - Large & Mid-Cap |
Underlying Index | S&P 500 CAD-Hedged Index |
ETF Structure | Passive type. Endeavours to return the Index return before fees/costs |
Asset Class | Equity - USA Large & Mid-Cap |
Region | USA |
Issuer | Vanguard Investments Canada |
ETF Home Page | Available here |
Fund Facts | |
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Inception Date | Nov 29, 2011 |
Total Holdings | 503 |
Distribution Frequency | Quarterly |
Leverage | None |
Significant Currency Exposure | Yes |
Currency Hedging | Yes |
Fees | |
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Management Fee | 0.15% |
Management Expense Ratio (MER) | 0.18% * |
* 2012
Trading Information | |
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Ticker | VSP |
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: