iShares Canadian HYBrid Corporate Bond Index ETF (XHB.TO) TSX

20.21

+0.01(+0.05%)

Updated at October 24 03:59PM

Currency In CAD

iShares Canadian HYBrid Corporate Bond Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

November 11, 2010

Key Executives

N/A

Description

The fund is passively managed to track an index of CAD-denominated corporate bonds with a credit rating of BBB or below. Using a sampling methodology in tracking the index, the fund invests in a sample of securities that collectively have a similar investment profile to the underlying index. Using a rules-based methodology that changes over time to reflect market developments, the market-value-weighted index is rebalanced daily to add and remove securities that no longer qualify.