Description

This ETF aims to provide income for a fixed duration, concluding on its predetermined termination date. It seeks to achieve this by closely mirroring, as far as practicable, the investment outcomes of the FTSE Canada 2026 Maturity Corporate Bond Index, prior to any fees and expenses. This benchmark index represents the performance of a portfolio primarily composed of Canadian dollar-denominated, investment-grade corporate bonds with effective maturities in 2026, which are held until maturity. The fund is expected to cease operations on or around September 30, 2026.