Mackenzie Canadian Short-Term Bond Index ETF (QSB.TO) TSX

100.61

+0.06(+0.06%)

Updated at February 20 03:47PM

Currency In CAD

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Profile
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Mackenzie Canadian Short-Term Bond Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

February 20, 2018

Key Executives

N/A

Description

The fund is passively managed to provide exposure to the short-term segment of the Canadian investment-grade bond market. The index includes CAD-denominated government and corporate bonds that have one to five years remaining to maturity. Eligible bonds must be rated at least BBB- and should have a minimum amount outstanding of CAD 100 million. The resulting portfolio is weighted by market value. The index undergoes monthly reconstitution and rebalancing.