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Learning, Sharing, and Teaching => Investor Alley => Topic started by: Goldielocks on December 04, 2015, 11:18:43 AM

Title: Vanguard VCN or TDB900? Exchange rate risk Difference? HELP!
Post by: Goldielocks on December 04, 2015, 11:18:43 AM

Hi!

I am trying to decide between investing in Vanguard VCN with its 0.27 MER, or TDB900 with its 0.33 MER.
I am investing in CDN $, and already have sufficient exposure to US$ currency fluctuations with other holdings.

But - Is there a difference between the two in terms of CDN to US$ currency risk? 
There must be but I am having a blank moment figuring out exactly what that is.

Can someone explain for me?

(BTW, I already own some of both of these funds, but VCN is already in the account I am buying in, and except for potential currency risk, I would buy that one.)

Title: Re: Vanguard VCN or TDB900? Exchange rate risk Difference? HELP!
Post by: FrugalFan on December 04, 2015, 11:22:39 AM

VCN is an all-Canada ETF with 0.06 MER. You must mean a different fund?

Title: Re: Vanguard VCN or TDB900? Exchange rate risk Difference? HELP!
Post by: Goldielocks on December 04, 2015, 11:55:29 AM

Quote from: Travelling Biologist on December 04, 2015, 11:22:39 AM

VCN is an all-Canada ETF with 0.06 MER. You must mean a different fund?

My Bad,  I read the wrong line, you are right.  It shows an actual management fee of 0.05%, and a MER of 0.11%. Ticker:  TSX:VCN Canada

Title: Re: Vanguard VCN or TDB900? Exchange rate risk Difference? HELP!
Post by: Heckler on December 05, 2015, 01:56:34 PM

https://www.vanguardcanada.ca/individual/resources/fundcompare.htm#/selectedFund0=F00000QA9G&target=fct&selectedFund1=F0CAN05NJO


Interesting how similar, yet different they are.