Mr. Matt Gierasimczuk reports

VANGUARD LAUNCHES ITS FIRST ACTIVELY MANAGED FIXED INCOME ETF IN CANADA

Vanguard Investments Canada Inc. has launched its first actively managed fixed income ETF (exchange-traded fund), Vanguard Global Core-Plus Bond ETF (symbol VCOR), which will begin trading today on the Toronto Stock Exchange.

"As we strive to make Vanguard's specialized fixed income capabilities accessible to more investors, VCOR combines the resources of our global investment platform, a disciplined active process and broad diversification across fixed income markets in a single ETF," said Sara Devereux, chief information officer, Vanguard Capital Management, global head of Vanguard Fixed Income Group. "VCOR builds on our existing fixed income offer in Canada to deliver a core-plus bond solution that supports long-term investment success."

About Vanguard Global Core-Plus Bond ETF

Vanguard Global Core-Plus Bond aims to provide advisers and investors with an actively managed, single-ticket fixed income solution at a low management fee of 0.25 per cent. It applies Vanguard's strongest convictions across global rates, credit and securitized markets, with a core allocation to investment-grade bonds, along with a plus component that allocates to higher-yielding bonds. It is managed by Vanguard Fixed Income Group, which oversees $1.2-trillion (U.S.) in active fixed income assets and includes over 150 investment professionals worldwide.

The fund is designed to serve as the centrepiece of a fixed income portfolio. The fund seeks to provide unitholders with total return while generating a moderate to high level of current income. The fund seeks to hedge its U.S.-dollar currency exposure back to the Canadian dollar and is expected to pay monthly distributions.

"Active ETFs have experienced significant growth in Canada and now account for approximately one-third of Canadian ETF assets. In particular, we continue to see strong adviser and investor demand for active global fixed income solutions that offer broader diversification and access to a wider opportunity set," said Sal D'Angelo, head of Vanguard Canada. "Our new Global Core-Plus Bond ETF marks Vanguard Canada's first actively managed fixed income ETF. It brings the depth of Vanguard's global active fixed income expertise to Canadian investors at index-like management fees. Its low management fee gives the investment team a greater opportunity to add value through disciplined risk-taking, without needing to overcome a significant fee hurdle."

About Vanguard .

Canadians own $181-billion (Canadian) in Vanguard assets, including Canadian- and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada manages $139-billion (Canadian) in assets (as of July 30, 2026) with 41 Canadian ETFs and 10 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 $13.3-trillion (U.S.) ($18.4-trillion (Canadian)) in global assets, including over $4.9-trillion (U.S.) ($6.8-trillion (Canadian)) in global ETF assets (as of July 30, 2026). Vanguard has offices in the United States, Canada, Mexico, Europe and Australia. The firm offers 492 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, Vanguard Group 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.

Important information

Commissions, management fees and expenses all may be associated with investment funds. Investment objectives, risks, fees, expenses and other important information are contained in the prospectus; please read it before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Vanguard funds are managed by Vanguard Investments Canada and are available across Canada through registered dealers. The prospectus and ETF facts are available on SEDAR+.