Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (QHY.TO) TSX
81.03
+0.18(+0.22%)
Currency In CAD
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Mackenzie US High Yield Bond Index ETF (CAD-Hedged)
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
Key Executives
N/ADescription
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%.
