Key stats
About ISHARES 1-10 YR LADDERD CORP BD ETF COMMON UNIT
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Inception date
Oct 20, 2011
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund is a passively managed ETF that tracks an index, which is a composite of the FTSE Canada Short Term Corporate Bond Index (50%) and the FTSE Canada Mid Term Corporate Bond Index (50%). Using a sampling methodology in tracking the index, the fund invests in a sample of securities that collectively have a similar investment profile to the underlying index. The fund consists of semi-annual pay fixed-rate corporate bonds that include certain qualifying asset-backed Canadian securities. Securities must have an investment grade rating of A or above with remaining maturity of 0-10 years. The index allocates its holdings equally across 10 distinct effective maturity groups. Each effective maturity group covers a one-year period and together the groups cover a contiguous 10-year period. The index is rebalanced annually.
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
Corporate
Bonds, Cash & Other100.00%
Corporate99.76%
Cash0.24%
Top 10 holdings
Dividends
Dividend payout history