The Vanguard FTSE Developed Asia Pacific All Cap Index ETF (CAD-hedged) aims to replicate, before fees and expenses, the returns of a broad equity index concentrating on developed markets within the Asia Pacific region. This index's foreign currency exposure is systematically hedged against the Canadian dollar. Specifically, this Vanguard fund currently follows the FTSE Developed Asia Pacific All Cap Hedged to CAD Index. Its investment strategy involves holding, directly or indirectly, a diversified portfolio of large, mid, and small-capitalization companies based in these developed Asia Pacific countries, employing derivative instruments to mitigate the foreign exchange fluctuations of its underlying securities relative to the Canadian dollar.