Description

This Exchange Traded Fund (ETF) is designed to passively replicate the overall performance of the high-quality Canadian fixed-income market. It achieves this by investing in a broad spectrum of debt instruments, including those issued by government bodies, international organizations, and corporations, all denominated in Canadian dollars. To be eligible for inclusion in the underlying index, these bonds must maintain a minimum credit rating of BBB- and possess an outstanding principal amount of at least CAD 150 million. Additionally, each security must have a remaining term to maturity of one year or more. The portfolio's weighting is determined by the market value of its individual holdings.