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VGWD

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Analysis and statistics

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About

VGWD.F refers to the Vanguard FTSE All-World ex Canada Index ETF (CAD-Hedged). It's a Canadian-listed exchange-traded fund (ETF) that aims to track the performance of the FTSE All-World ex Canada Hedged to CAD Index. This index represents large and mid-capitalization stocks from developed and emerging markets worldwide, excluding Canadian companies, while also hedging the currency exposure back to the Canadian dollar.
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Factors

Global Market Performance: VGWD.F tracks global equity markets. Broad market uptrends or downturns significantly influence its price.

Currency Fluctuations: Being priced in EUR, currency exchange rates between EUR and underlying assets' currencies affect returns.

Interest Rate Changes: Interest rate changes can affect investor sentiment toward equities and influence flows into or out of the ETF.

Investor Demand: High demand increases the price; low demand decreases it.

Geopolitical Events: Global events like political instability, trade wars, or economic sanctions impact investor confidence and the ETF price.

Underlying Holdings: Changes in the prices of the stocks held by the underlying index directly affect the ETF's net asset value (NAV).

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