About this fund

Fund objectives

Vanguard Conservative Income ETF Portfolio seeks to provide a combination of income and some long-term capital growth by investing in equity and fixed income securities.

Why this fund

  • Seeks to achieve its investment objective by primarily investing in equity and fixed-income securities. The Vanguard ETF may do so either directly or indirectly through investment in one or more exchange-traded funds managed by the manager or an affiliate or certain other investment funds (Underlying Funds).
  • In seeking to achieve the Vanguard ETF’s investment objective (under normal market conditions), the sub-advisor will strive to maintain a long-term strategic asset allocation of equity (approximately 20%) and fixed income (approximately 80%) securities. The portfolio asset mix may be reconstituted and rebalanced from time to time at the discretion of the sub-advisor.
  • The portfolios of the Underlying Funds are expected to consist of index funds that provide exposure to broad based equity and fixed income markets.

Fund facts

Inception date
Jan 29 2019
Total assets
Management Fee
Asset class
Multi-Asset
Investment manager
Vanguard Global Equity Index Management
Management Expense Ratio (MER)
Distribution Per Unit
$0.19
Distribution frequency
Quarterly
Trading Expense Ratio (TER)
Benchmark
Internal Composite
Fund Expense Ratio (FER)

Performance

Risk and Volatility

As at Sep 30 2026

Beta
—
R²
—
Alpha
—
Standard Deviation
Sharpe Ratio

Portfolio data

Allocation to underlying Vanguard funds

As at Sep 30 2026

Percentage
Canadian Aggregate Bond Index ETF 46.39%
Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) 16.41%
U.S. Aggregate Bond Index ETF (CAD-hedged) 15.32%
Morningstar U.S. Total Market Index ETF 9.69%
FTSE Canada All Cap Index ETF 6.36%
FTSE Developed All Cap ex North America Index ETF 3.96%
FTSE Emerging Markets All Cap Index ETF 1.85%

Total allocation percentages shown may not equal 100% due to rounding

Asset allocation

As at Sep 30 2026

Percentage
Bond 78.12%
Short-term reserves 0.02%
Stock 21.86%
Characteristics
StocksFundAs at
Number of stocks 13,936 Sep 30 2026
Median market capital 142.3 B Sep 30 2026
Price earning / ratio (P/E) 19.9 x Sep 30 2026
Price / book ratio (P/B) 3.1 x Sep 30 2026
Return on equity (ROE) 14.9% Sep 30 2026
Earnings growth rate 17.2% Sep 30 2026
FundamentalsFundAs at
Number of bonds 17,347 Sep 30 2026
YTM (Yield to Maturity) effective 4.4% Sep 30 2026
Average Duration 6.5 Years Sep 30 2026
Average maturity 9.8 Years Sep 30 2026
Average quality AA- Sep 30 2026
Cash Investment 0.0% Sep 30 2026
Market allocation

As at Sep 30 2026

CountryRegionFundBenchmarkVariance +/-
United States of AmericaNorth America 44.54% — —
CanadaNorth America 29.24% — —
JapanPacific 4.43% — —
TaiwanEmerging Markets 2.85% — —
United KingdomEurope 2.27% — —
ChinaEmerging Markets 2.11% — —
Republic Of KoreaPacific 1.87% — —
SwitzerlandEurope 1.33% — —
FranceEurope 1.33% — —
IndiaEmerging Markets 1.30% — —
GermanyEurope 1.26% — —
AustraliaPacific 1.14% — —
NetherlandsEurope 0.82% — —
SpainEurope 0.59% — —
ItalyEurope 0.54% — —
Top 10 Holdings

As at Sep 30 2026

Holding name% of market valueSectorRegionMarket valueShares
NVIDIA Corp 0.68990% Technology US $1,775,560.02 5,476.022
Apple Inc 0.64127% Technology US $1,650,393.11 3,490.639
Microsoft Corp 0.50251% Technology US $1,293,285.77 1,776.028
Royal Bank of Canada 0.50172% Financials CA $1,291,237.55 4,612.551
Toronto-Dominion Bank/The 0.35279% Financials CA $907,965.04 5,426.194
Shopify Inc 0.33103% Technology CA $851,957.10 4,039.243
Amazon.com Inc 0.31913% Consumer Discretionary US $821,326.83 2,321.897
Taiwan Semiconductor Manufacturing Co Ltd 0.28901% Technology TW $743,811.92 6,691.162
Alphabet Inc 0.26694% Technology US $686,997.70 1,406.319
Broadcom Inc 0.22045% Technology US $567,367.88 1,137.917

Prices and distribution

Prices

Nav Price (CAD)
$26.92
CAD
Change
+$0.080.29%
As at Oct 20 2026
NAV 52-week high
$27.78
As at Oct 21 2026
NAV 52-week low
$26.59
As at Oct 21 2026
NAV 52-week difference
$1.19
Change
+4.28%
As at Oct 21 2026
Historical Prices

-

Inception date

Jan 29 2019

Listing date

Feb 05 2019

Date NAV (CAD) Market price (CAD)
Oct 20 2026 $26.9227 $26.9300
Oct 19 2026 $26.8449 $26.8500
Oct 16 2026 $26.9709 $26.9500
Oct 15 2026 $27.0280 $27.0100
Oct 14 2026 $26.9358 $26.9400
Oct 13 2026 $26.9842 $26.9850
Oct 09 2026 $26.9781 $26.9700
Oct 08 2026 $26.8554 $26.8550
Oct 07 2026 $26.8494 $26.8500
Oct 06 2026 $26.9152 $26.9250
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How to buy

Distribution history

Distribution frequency

Quarterly

12 month trailing yield

3.00%

(Sep 30 2026)

Distribution yield

2.85%

(Sep 30 2026)

TypeEx-dividend dateRecord datePayment dateCash distribution per unitReinvestment distribution per unitTotal distribution per unit
Income Oct 01 2026 Oct 01 2026 Oct 08 2026 $0.18500 — $0.18500
Income Jul 02 2026 Jul 02 2026 Jul 09 2026 $0.19214 — $0.19214
Income Apr 01 2026 Apr 01 2026 Apr 09 2026 $0.20483 — $0.20483
Income Dec 30 2025 Dec 30 2025 Jan 07 2026 $0.23655 — $0.23655
CGCA Dec 30 2025 Dec 30 2025 Jan 07 2026 — $0.13721 $0.13721
Income Oct 01 2025 Oct 01 2025 Oct 08 2025 $0.17382 — $0.17382
Income Jul 02 2025 Jul 02 2025 Jul 09 2025 $0.17595 — $0.17595
Income Apr 01 2025 Apr 01 2025 Apr 08 2025 $0.20335 — $0.20335
CGCA Dec 30 2024 Dec 30 2024 Jan 07 2025 — — —
Income Dec 30 2024 Dec 30 2024 Jan 07 2025 $0.22376 — $0.22376
Annual distributions

-

YearEligible dividendsNon eligible dividendsOther incomeCapital gainsReturn of capitalForeign incomeForeign tax paidTotal distribution per unit
2019 $0.04088 $0.00000 $0.23301 $0.00000 $0.00095 $0.31403 $0.04047 $0.54841
2020 $0.04667 $0.00000 $0.28404 $0.15648 $0.00000 $0.21022 $0.01726 $0.68015
2021 $0.04395 $0.00000 $0.28768 $0.18997 $0.00062 $0.32920 $0.04047 $0.81095
2022 $0.04455 $0.00000 $0.30152 $0.00000 $0.00000 $0.22014 $0.01725 $0.54896
2023 $0.04729 $0.00000 $0.32536 $0.00000 $0.00089 $0.35767 $0.03323 $0.69798
2024 $0.04613 $0.00000 $0.35896 $0.00000 $0.00659 $0.39012 $0.04218 $0.75962
2025 $0.04190 $0.00000 $0.37645 $0.13721 $0.00000 $0.41248 $0.04116 $0.92688

Purchase information

Currencies and stock exchanges

Listed currencies: CAD

Base currency:CAD

Exchanges: Toronto Stock Exchange

Fund codes

The management expense ratio (MER) is the MER as of the most recent fund year end, including waivers and absorptions, and is expressed as an annualized percentage of the daily average net asset value. Vanguard Investments Canada Inc. expects to continue absorbing or waiving certain fees indefinitely but may, in its discretion, discontinue this practice at any time. For recently launched funds, MER information is not yet available.