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About Scotia Canadian Bond Index Tracker ETF
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Inception date
Oct 29, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
1832 Asset Management LP
ISIN
CA8092541058
The fund is an index-tracking ETF that holds a broad range of debt securities that are rated investment grade. Securities are primarily issued by government and corporate entities in Canada, selected by their market value. The index also includes global issued bonds as well as private placements whose country of risk/incorporation are in Canada. Canadian-dollar-denominated issues of foreign issuers, which are called maple bonds, are not considered for the selection. The index is market-value weighted and is rebalanced monthly. Prior to February 29, 2012, the fund tracked the FTSE Canada Universe Bond Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government64.95%
Corporate34.33%
Cash0.48%
Municipal0.24%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SITB invests in bonds. The fund's major sectors are Government, with 64.95% stocks, and Corporate, with 34.33% of the basket. The assets are mostly located in the North America region.
SITB top holdings are Canada Treasury Bonds 1.25% 01-JUN-2030 and Canada Treasury Bonds 1.5% 01-JUN-2031, occupying 1.78% and 1.75% of the portfolio correspondingly.
SITB assets under management is 2.43 B CAD. It's risen 95.19% over the last month.
SITB fund flows account for 2.04 B CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SITB doesn't pay dividends to its holders.
SITB shares are issued by The Bank of Nova Scotia under the brand Scotia. The ETF was launched on Oct 29, 2020, and its management style is Passive.
SITB expense ratio is 0.09% meaning you'd have to pay 0.09% of your investment to help manage the fund.
SITB follows the Solactive Broad Canadian Bond Universe Liquid ex MPL Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SITB invests in bonds.
SITB price has risen by 1.76% over the last month, and its yearly performance shows a −0.49% decrease. See more dynamics on SITB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.71% increase in three-month performance and has increased by 2.36% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.71% increase in three-month performance and has increased by 2.36% in a year.
SITB trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.