Vanguard Retirement Income ETF Portfolio
(VRIF) Vanguard Retirement Income ETF Portfolio
About this fund
Fund objectives
Vanguard Retirement Income ETF Portfolio seeks to provide a combination of consistent income with the possibility of some capital appreciation 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 exchange-traded funds (“ETFs”) managed by the Manager, sponsored by The Vanguard Group, Inc. (the “Sub-advisor”) or certain other investment funds (collectively, “Underlying Funds”).
- In seeking to achieve the Vanguard ETF’s investment objective, the Sub-advisor will make asset allocation decisions based on the attractiveness of the underlying asset classes and their ability to provide consistent returns. Considerations may include, but are not limited to, economic and market conditions, total return characteristics and risk profiles. The portfolio asset allocation will be reconstituted and rebalanced from time to time. The monthly distribution is reviewed periodically.
- 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
Sep 09 2020
Total assets
Management Fee
Asset class
Multi-Asset
Investment manager
Vanguard Quantitative Equity
Management Expense Ratio (MER)
Distribution Per Unit
$0.09
Distribution frequency
Monthly
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 Corporate Bond Index ETF | 34.69% |
| Canadian Aggregate Bond Index ETF | 24.08% |
| FTSE Developed All Cap ex North America Index ETF | 13.77% |
| FTSE Canada All Cap Index ETF | 9.04% |
| Morningstar U.S. Total Market Index ETF | 7.82% |
| Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) | 6.28% |
| U.S. Aggregate Bond Index ETF (CAD-hedged) | 4.13% |
| FTSE Emerging Markets All Cap Index ETF | 0.08% |
Total allocation percentages shown may not equal 100% due to rounding
Asset allocation
As at Sep 30 2026
| Percentage | |
|---|---|
| Bond | 69.18% |
| Short-term reserves | 0.11% |
| Stock | 30.71% |
Characteristics
| Stocks | Fund | As at |
|---|---|---|
| Number of stocks | 13,936 | Sep 30 2026 |
| Median market capital | 138.5 B | Sep 30 2026 |
| Price earning / ratio (P/E) | 16.9 x | Sep 30 2026 |
| Price / book ratio (P/B) | 2.3 x | Sep 30 2026 |
| Return on equity (ROE) | 12.2% | Sep 30 2026 |
| Earnings growth rate | 12.3% | Sep 30 2026 |
| Fundamentals | Fund | As at |
|---|---|---|
| Number of bonds | 17,391 | Sep 30 2026 |
| YTM (Yield to Maturity) effective | 4.4% | Sep 30 2026 |
| Average Duration | 5.5 Years | Sep 30 2026 |
| Average maturity | 8.4 Years | Sep 30 2026 |
| Average quality | A+ | Sep 30 2026 |
| Cash Investment | 0.1% | Sep 30 2026 |
Market allocation
As at Sep 30 2026
| Country | Region | Fund | Benchmark | Variance +/- |
|---|---|---|---|---|
| Canada | North America | 29.50% | — | — |
| United States of America | North America | 25.53% | — | — |
| Japan | Pacific | 10.96% | — | — |
| United Kingdom | Europe | 5.56% | — | — |
| Republic Of Korea | Pacific | 4.62% | — | — |
| Switzerland | Europe | 3.30% | — | — |
| France | Europe | 3.29% | — | — |
| Germany | Europe | 3.12% | — | — |
| Australia | Pacific | 2.82% | — | — |
| Netherlands | Europe | 2.02% | — | — |
| Spain | Europe | 1.46% | — | — |
| Italy | Europe | 1.35% | — | — |
| Sweden | Europe | 1.32% | — | — |
| Hong Kong | Pacific | 0.83% | — | — |
| Singapore | Pacific | 0.66% | — | — |
Top 10 Holdings
As at Sep 30 2026
| Holding name | % of market value | Sector | Region | Market value | Shares |
|---|---|---|---|---|---|
| Royal Bank of Canada | 0.71265% | Financials | CA | $2,647,987.31 | 9,459.124 |
| NVIDIA Corp | 0.55635% | Technology | US | $2,067,214.03 | 6,375.515 |
| Apple Inc | 0.51713% | Technology | US | $1,921,487.17 | 4,064.013 |
| Toronto-Dominion Bank/The | 0.50112% | Financials | CA | $1,861,996.58 | 11,127.691 |
| Shopify Inc | 0.47021% | Technology | CA | $1,747,139.08 | 8,283.421 |
| Samsung Electronics Co Ltd | 0.43499% | Telecommunications | KR | $1,616,282.32 | 5,738.777 |
| Microsoft Corp | 0.40523% | Technology | US | $1,505,721.27 | 2,067.758 |
| SK hynix Inc | 0.35757% | Technology | KR | $1,328,604.17 | 713.18 |
| ASML Holding NV | 0.33245% | Technology | NL | $1,235,267.02 | 479.709 |
| Bank of Montreal | 0.30606% | Financials | CA | $1,137,224.73 | 4,778.858 |
Prices and distribution
Prices
Nav Price (CAD)
$26.76
CADChange
+$0.050.19% As at Oct 21 2026
NAV 52-week high
$27.47
As at Oct 22 2026
NAV 52-week low
$25.95
As at Oct 22 2026
NAV 52-week difference
$1.52
Change
+5.53% As at Oct 22 2026
Historical Prices
-
Inception date
Sep 09 2020
Listing date
Sep 16 2020
| Date | NAV (CAD) | Market price (CAD) |
|---|---|---|
| Oct 21 2026 | $26.7570 | $26.7800 |
| Oct 20 2026 | $26.7054 | $26.7100 |
| Oct 19 2026 | $26.6397 | $26.6400 |
| Oct 16 2026 | $26.7767 | $26.7900 |
| Oct 15 2026 | $26.8333 | $26.8400 |
| Oct 14 2026 | $26.7589 | $26.7600 |
| Oct 13 2026 | $26.8448 | $26.8500 |
| Oct 09 2026 | $26.8517 | $26.8400 |
| Oct 08 2026 | $26.7048 | $26.7100 |
| Oct 07 2026 | $26.7355 | $26.7400 |
With an online brokerage | With a financial advisor
There are two ways to buy Vanguard's funds in Canada
How to buyDistribution history
Distribution frequency
Monthly
12 month trailing yield
3.85%
(Sep 30 2026)
Distribution yield
3.91%
(Sep 30 2026)
| Type | Ex-dividend date | Record date | Payment date | Cash distribution per unit | Reinvestment distribution per unit | Total distribution per unit |
|---|---|---|---|---|---|---|
| Income | Oct 01 2026 | Oct 01 2026 | Oct 08 2026 | $0.08715 | — | $0.08715 |
| Income | Sep 01 2026 | Sep 01 2026 | Sep 09 2026 | $0.08715 | — | $0.08715 |
| Income | Aug 04 2026 | Aug 04 2026 | Aug 11 2026 | $0.08715 | — | $0.08715 |
| Income | Jul 02 2026 | Jul 02 2026 | Jul 09 2026 | $0.08715 | — | $0.08715 |
| Income | Jun 01 2026 | Jun 01 2026 | Jun 08 2026 | $0.08715 | — | $0.08715 |
| Income | May 01 2026 | May 01 2026 | May 08 2026 | $0.08715 | — | $0.08715 |
| Income | Apr 01 2026 | Apr 01 2026 | Apr 09 2026 | $0.08715 | — | $0.08715 |
| Income | Mar 02 2026 | Mar 02 2026 | Mar 09 2026 | $0.08715 | — | $0.08715 |
| Income | Feb 02 2026 | Feb 02 2026 | Feb 09 2026 | $0.08715 | — | $0.08715 |
| CGCA | Dec 30 2025 | Dec 30 2025 | Jan 07 2026 | — | — | — |
Annual distributions
-
| Year | Eligible dividends | Non eligible dividends | Other income | Capital gains | Return of capital | Foreign income | Foreign tax paid | Total distribution per unit |
|---|---|---|---|---|---|---|---|---|
| 2020 | $0.02926 | $0.00000 | $0.04137 | $0.16539 | $0.00912 | $0.13423 | $0.01452 | $0.36486 |
| 2021 | $0.05554 | $0.00000 | $0.13656 | $0.49327 | $0.11359 | $0.41602 | $0.04123 | $1.17374 |
| 2022 | $0.03275 | $0.00000 | $0.17686 | $0.00000 | $0.53243 | $0.37050 | $0.02785 | $1.08468 |
| 2023 | $0.05940 | $0.00000 | $0.21760 | $0.00000 | $0.37740 | $0.40377 | $0.02772 | $1.03045 |
| 2024 | $0.05784 | $0.00000 | $0.26184 | $0.19800 | $0.05544 | $0.43116 | $0.02532 | $0.97896 |
| 2025 | $0.05124 | $0.00000 | $0.28812 | $0.00000 | $0.20280 | $0.49176 | $0.03792 | $0.99600 |
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.