.jpg)
57 minutes ago
2
Article content
TORONTO, July 14, 2026 (GLOBE NEWSWIRE) — Vanguard Investments Canada Inc. (“Vanguard”) announced today that, subject to unitholder approval, it proposes to change the investment objective of Vanguard Global Credit Bond Fund.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Vanguard proposes to change the investment objective of Vanguard Global Credit Bond Fund to provide unitholders with total return while generating a moderate to high level of current income. If this change to the investment objective of the fund is approved by unitholders, it is anticipated that:
Article content
Article content
Article content
- The management fee for the Series F units and Series M units will be reduced from 0.40% and 0.38%, respectively, to 0.25% and 0.23%, respectively;
- The name of Vanguard Global Credit Bond Fund will change from “Vanguard Global Credit Bond Fund” to “Vanguard Global Core-Plus Bond Fund”;
- The fund type will change from “Global Fixed Income” to “Global Core Plus Fixed Income”;
- The investment strategies of Vanguard Global Credit Bond Fund will be adjusted to implement the new investment objective; and
- The reference index used to calculate the risk rating of Vanguard Global Credit Bond Fund will change from Bloomberg Global Aggregate Credit Index (CAD Hedged) to Bloomberg U.S. Universal Bond CAD-Hedged Index.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Vanguard will seek the approval of the unitholders of Vanguard Global Credit Bond Fund in respect of the investment objective change at a special meeting to be held on or about September 3, 2026 (the “Meeting”). Details of the investment objective change will be sent to unitholders of record in Vanguard Global Credit Bond Fund as at the close of business on July 20, 2026 who will be entitled to vote at the Meeting. Subject to the receipt of the requisite unitholder approval, it is expected that the investment objective change will be implemented on or about September 15, 2026.
Article content
Article content
To learn more about the Vanguard mutual funds, please visit www.vanguard.ca.
Article content
About Vanguard
Article content
Canadians own CAD $196 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada Inc. manages CAD $155 billion in assets (as of April 30, 2026) with 41 Canadian ETFs and ten 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 $12.8 trillion (CAD $17.7 trillion) in global assets, including over USD $4.6 trillion (CAD $6.3 trillion) in global ETF assets (as of April 30, 2026). Vanguard has offices in the United States, Canada, Mexico, Europe and Australia. The firm offers 482 funds, including ETFs, to its more than 50 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.
English (US)