Key stats
About ISHARES HIGH QLTY CAD BD IDX ETF COMMON UNITS
Expense ratio
0.13%
Home page
Inception date
Nov 19, 2009
The fund is passively managed to track an index of investment-grade Canadian bonds. The portfolio is comprised of semi-annual pay fixed-coupon bonds issued in Canada. It may include federal, provincial, corporate, and municipal bonds. Securities must have a minimum credit rating of A with remaining term to maturity of at least one year. Government securities represent 60% of the market value weight, with corporate bonds representing 40%. If it is not possible or practical to hold all the constituent securities, the fund may utilize a representative sampling approach in which securities are chosen to provide the same investment characteristics of the index. The index is rebalanced daily.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government49.90%
Corporate46.91%
Miscellaneous1.43%
Cash0.98%
Securitized0.72%
Agency0.05%
Municipal0.02%