Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (QHY.TO) TSX
81.67
-0.04(-0.05%)
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
81.67
-0.04(-0.05%)
Currency In CAD
Address
180 Queen Street West
Toronto, ON M5V 3K1
Canada
Phone
1-800-387-0614
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
January 31, 2018
The fund is passively managed to provide exposure to the high yield segment of the corporate bond market. The index only includes USD-denominated corporate debt that have composite ratings between BB+ and C based on credit scores given by S&P, Moody, and Fitch. Eligible bonds should have a minimum amount outstanding of $400 million and at least 20 months remaining to maturity at the time of inclusion. The resulting portfolio is weighted by market value, with single issuer weights capped at 3%.