iShares ESG Aware Canadian Aggregate Bond Index ETF (XSAB.TO) TSX

18.43

+0.02(+0.11%)

Updated at October 24 03:55PM

Currency In CAD

iShares ESG Aware Canadian Aggregate Bond Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

April 04, 2019

Key Executives

N/A

Description

The fund tracks an index of Canadian government and corporate bonds with an investment-grade credit rating, at least one year to maturity, and favorable ESG qualities. Investments are expected to have similar return and risk characteristics as the Bloomberg MSCI Canadian Aggregate ESG Focus Index, the parent index. The underlying index sets itself apart from its parent index by using an optimizer, which is run monthly, to maximize the underlying indexs overall MSCI ESG Score, while minimizing active total risk versus the parent index and minimizing index turnover. The index is rebalanced monthly.