Vanguard Debuts First Active Fixed Income ETF in Canada

Vanguard has launched the Global Core-Plus Bond ETF (VCOR) on the Toronto Stock Exchange, its first actively managed fixed income ETF in Canada and its first outside the US. With a 0.25% management fee, VCOR invests globally across rates, credit and securitized markets, combining a core allocation to investment-grade bonds with higher-yielding opportunities. The fund hedges US dollar exposure to the Canadian dollar and expects to pay monthly distributions, offering investors a diversified core fixed income solution.