Description

This exchange-traded fund aims to mirror the performance of the CRSP US Total Market Index, adjusted for currency fluctuations back to Canadian dollars, before accounting for any charges or costs. Its main investments are directed towards the U.S.-based Vanguard Total Stock Market ETF. A core feature is the systematic hedging of U.S. dollar currency risk into Canadian dollars. The fund operates using a passive, index-sampling approach, providing broad market access to U.S. public companies of all sizes – from large to micro-cap – and encompassing both growth and value investment philosophies. This is achieved through highly efficient and economical index replication methods.