Vanguard Investments Canada Announces 2019 Final Annual Capital Gains Distributions for the Vanguard ETFs®

(VAB, VSB, VSC, VLB, VSG, VCB, VGV, VRE, VDY, VCE, VCN, VFV, VSP, VUN, VUS, VGG, VGH, VE, VDU, VEF, VIU, VI, VEE, VA, VXC, VEH, VAH, VLQ, VVO, VMO, VVL, VBU, VBG, VCNS, VBAL, VGRO, VCIP, VEQT AND VIDY)

TORONTO, Dec. 30, 2019  Vanguard Investments Canada Inc. today announced final annual capital gains distributions for the Vanguard ETFs listed below for the 2019 tax year. Please note that this is an update to the estimated annual capital gains distributions announced on November 18, 2019 and December 20, 2019.

These amounts are for the year-end capital gains distributions only, which will be re-invested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. The annual capital gains distributions do not include the ongoing monthly, quarterly or annual cash distribution amounts, which were reported in a separate press release. 

The ex-dividend date for the 2019 annual distributions is December 30, 2019. The record date for the 2019 annual distributions will be December 31, 2019 and payable on January 8, 2020. The actual taxable amounts of reinvested capital gains distributions for 2019 including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early 2020.

Canadian Equity ETFs	Ticker	Distribution per Unit ($)
Vanguard FTSE Canadian Capped REIT Index ETF	VRE	0.000000
Vanguard FTSE Canadian High Dividend Yield Index ETF	VDY	0.000000
Vanguard FTSE Canada Index ETF	VCE	0.000000
Vanguard FTSE Canada All Cap Index ETF	VCN	0.000000
U.S. Equity ETFs	Ticker	Distribution per Unit ($)
Vanguard S&P 500 Index ETF	VFV	0.000000
Vanguard S&P 500 Index ETF (CAD-hedged)	VSP	0.000000
Vanguard U.S. Total Market Index ETF	VUN	0.000000
Vanguard U.S. Total Market Index ETF (CAD-hedged)	VUS	0.000000
Vanguard U.S. Dividend Appreciation Index ETF	VGG	0.000000
Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged)	VGH	0.000000
International Equity ETFs	Ticker	Distribution per Unit ($)
Vanguard FTSE Developed Europe All Cap Index ETF	VE	0.000000
Vanguard FTSE Developed All Cap ex U.S. Index ETF	VDU	0.000000
Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged)	VEF	0.188273
Vanguard FTSE Developed All Cap ex North America Index ETF	VIU	0.007149
Vanguard FTSE Developed All Cap ex North America Index ETF (CAD- hedged)	VI	0.411754
Vanguard FTSE Developed ex North America High Dividend Yield Index ETF	VIDY	0.135648
Vanguard FTSE Emerging Markets All Cap Index ETF	VEE	0.000000
Vanguard FTSE Developed Asia Pacific All Cap Index ETF	VA	0.000000
Vanguard FTSE Developed Europe All Cap Index ETF (CAD-hedged)	VEH	0.000000
Vanguard FTSE Developed Asia Pacific All Cap Index ETF (CAD- hedged)	VAH	0.000000
Global Equity ETFs	Ticker	Distribution per Unit ($)
Vanguard FTSE Global All Cap ex Canada Index ETF	VXC	0.953285
Canadian Fixed Income ETFs	Ticker	Distribution per Unit ($)
Vanguard Canadian Aggregate Bond Index ETF	VAB	0.000000
Vanguard Canadian Short-Term Bond Index ETF	VSB	0.000000
Vanguard Canadian Short-Term Corporate Bond Index ETF	VSC	0.000000
Vanguard Canadian Long-Term Bond Index ETF	VLB	0.091862
Vanguard Canadian Short-Term Government Bond Index ETF	VSG	0.000000
Vanguard Canadian Corporate Bond Index ETF	VCB	0.032576
Vanguard Canadian Government Bond Index ETF	VGV	0.000000
U.S. Fixed Income ETFs	Ticker	Distribution per Unit ($)
Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged)	VBU	0.000000
International Fixed Income ETFs	Ticker	Distribution per Unit ($)
Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged)	VBG	0.000000
Asset Allocation ETFs	Ticker	Distribution per Unit ($)
Vanguard Conservative ETF Portfolio	VCNS	0.000000
Vanguard Balanced ETF Portfolio	VBAL	0.003541
Vanguard Growth ETF Portfolio	VGRO	0.000000
Vanguard Conservative Income ETF Portfolio	VCIP	0.000000
Vanguard All-Equity ETF Portfolio	VEQT	0.000000
Factor ETFs	Ticker	Distribution per Unit ($)
Vanguard Global Liquidity Factor ETF	VLQ	0.000000
Vanguard Global Minimum Volatility ETF	VVO	0.386652
Vanguard Global Momentum Factor ETF	VMO	0.000000
Vanguard Global Value Factor ETF	VVL	0.000000

To learn more about TSX-listed Vanguard ETFs, please visit www.vanguardcanada.ca.

About Vanguard

Canadians own CAD $41 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs, Canadian institutional products and Canadian mutual funds. Vanguard Investments Canada Inc. manages CAD $24 billion in assets (as of November 30, 2019) with 39 Canadian ETFs, four mutual funds, 12 target retirement funds and eight pooled 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 $5.9 trillion (CAD $7.8 trillion) in global assets, including over USD $1.1 trillion (CAD $1.4 trillion) in global ETF assets (as of October 31, 2019). Vanguard has offices in the United States, Canada, Mexico, Europe, Australia and Asia. The firm offers 423 funds, including ETFs, to its more than 30 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 vanguardcanada.ca.

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 Inc. and are available across Canada through registered dealers.

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The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by The Vanguard Group, Inc. (Vanguard). Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Vanguard. Vanguard ETFs are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

SOURCE Vanguard Investments Canada Inc.

please contact: Matt Gierasimczuk, Vanguard Canada Public Relations, Phone: [phone], [email protected]