Vanguard Announces 2012 Estimated Capital Gains Distributions
Vanguard Investments Canada Inc. today announced the estimated capital gains distributions for the Vanguard ETFs™ listed on Toronto Stock Exchange (TSX).
- Vanguard MSCI U.S. Broad Market Index ETF (CAD-hedged) (VUS) is expected to distribute capital gains this year of $0.2020 per unit, or 0.71% of net asset value per unit.
- Vanguard MSCI EAFE Index ETF (CAD-hedged) (VEF) is expected to distribute capital gains this year of $0.0806 per unit, or 0.30% of net asset value per unit.
- Vanguard Canadian Aggregate Bond Index ETF (VAB) is expected to distribute capital gains this year of $0.0499 per unit, or 0.20% of net asset value per unit.
Vanguard's eight other TSX-listed ETFs are not expected to make capital gains distributions.
Unitholders of record on 31 December 2012 will receive these distributions, which will consist generally of capital gains only. The ex-dividend date will be 27 December 2012. The distributions will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their investment. Monthly and quarterly cash distributions for December 2012 will be reported separately. The tax characteristics for all distributions declared in 2012 will be reported in early 2013.
Vanguard Investments Canada Inc. is a wholly owned indirect subsidiary of The Vanguard Group, Inc. Vanguard is one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services. Vanguard manages more than $2 trillion in global assets. Vanguard offers more than 170 funds to U.S. investors and more than 70 additional funds in non-U.S. markets. For more information, please visit vanguardcanada.ca.
All asset figures are as of November 30, 2012, unless otherwise noted.
Commissions, management fees and expenses all may be associated with the Vanguard ETFs. This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies are available from Vanguard Investments Canada Inc. at vanguardcanada.ca. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
This notice contains forward-looking statements with respect to the estimated capital gains distributions for the Vanguard ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the Vanguard ETFs, portfolio transactions, and subscription and redemption activity.
For more information, contact Vanguard Public Relations at 610-669-5002.