VANGUARD INVESTMENTS CANADA INC FTSE DEV EX NA HIGH DIV YIELD INDEX ETF(OTC:VEXNF)

The fund seeks to track the performance of the FTSE Developed ex North America High Dividend Yield Index which focuses on issuers of any cap that are economically-tied to the developed market excluding US and Canada. Eligible securities are derived from the FTSE Developed ex North America Index, the index universe, and are ranked based on their annual dividend yields. Components are chosen and included in the target index based on their yields until their combined market-cap totals 50% of the overall index universe capitalization. The fund is also market-cap-weighted and holds the constituents securities in the same ratio as they are seen in the index. It is designed for investors seeking a high level of income and long-term capital growth from a diversified portfolio delivering efficient exposure to the potential of companies located in international developed markets (not including the U.S. and Canada). Additionally, the index is reviewed annually and rebalanced quarterly.