Key stats
About INVESCO CANADIAN CORE PLUS BOND ETF UNITS CAD
Home page
Inception date
Aug 15, 2024
Structure
Canadian Mutual Fund Corporation (ON)
Tax on distributions
Ordinary income
Primary advisor
Invesco Canada Ltd.
The fund is an actively managed fund that primarily holds investment grade debt securities from both government and corporate issuers in Canada that have favorable fundamental characteristics. The adviser uses an analytical approach that considers the fundamental characteristics of the issuer and the macroeconomic outlook in order to enhance interest income and/or capital growth. This also aims to anticipate interest rates and may utilize risk management techniques to mitigate investment risks. The funds portfolio is constantly monitored, ensuring the initial investment thesis remains intact and that it continues to provide attractive risk-adjusted return. This fund may invest up to 25% of net assets in below investment grade securities, and up to 30% in foreign securities. Foreign currency exposure will be hedged.
Classification
Displays a symbol's price movements over previous years to identify recurring trends.