Key stats
About IA Wealth Enhanced Bond Pool Series ETF Trust Units
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Inception date
Oct 31, 2023
Structure
Canadian Commodity Pool (ON)
Dividend treatment
Distributes
Primary advisor
IA Clarington Investments, Inc.
ISIN
CA44934M1005
The fund-of-funds seeks to provide diversified fixed income exposure. It primarily invests directly or indirectly in Canadian fixed income securities, including investment grade and high-yield bonds of any maturity. The portfolio may include senior loans, asset- and mortgage-backed securities, floating-rate debts, and other income-producing securities. The fund may invest up to 100% of its assets in reference funds using a strategic asset allocation approach. The sub-advisor monitors and tactically makes changes to the reference funds, which includes adjusting the percentage invested in each asset class or reference funds based on market outlook. The fund may invest up to 40% of its assets in junk bonds, up to 40% in foreign fixed income securities, and a portion in cash, government bonds, short-term debts, or money market securities for defensive purposes. Additionally, the fund may enter into securities lending and use derivatives for hedging and non-hedging purposes.
Related funds
Classification
What's in the fund
Exposure type
Mutual fund
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IWEB trades at 10.82 CAD today, its price has risen 0.09% in the past 24 hours. Track more dynamics on IWEB price chart.
IWEB net asset value is 10.83 today — it's risen 1.58% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IWEB assets under management is 1.14 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IWEB invests in funds. See more details in our Analysis section.
No, IWEB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, IWEB pays dividends to its holders with the dividend yield of 3.94%.
IWEB trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IWEB shares are issued by iA Financial Corp., Inc.
IWEB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 31, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.