Vanguard FTSE Developed Europe All Cap Index ETF (CAD-hedged) seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad European equity index that focuses on developed European markets, which Index is hedged to the Canadian dollar. Currently, this Vanguard ETF seeks to track the FTSE Developed Europe All Cap Hedged to CAD Index (or any successor thereto). It invests directly or indirectly primarily in large-, midand small-capitalization stocks of companies located in developed European markets, and uses derivative instruments to seek to hedge the foreign currency exposure of the securities included in the FTSE Developed Europe All Cap Index to the Canadian dollar.