Overview
Description
The iShares Core Canadian Government Bond Index ETF is a type of exchange-traded fund that primarily focuses on tracking the performance of the FTSE Canada All Government Bond Index. This index is composed of various Canadian bonds issued by the federal government and provincial authorities, making it a pivotal instrument for understanding the broad landscape of government debt securities in Canada. The primary function of this ETF is to provide investors with exposure to high-quality Canadian government bonds, which are generally considered low-risk and stable.
Notable features of the iShares Core Canadian Government Bond Index ETF include its diversification across a spectrum of maturities and government bonds, aiding in mitigating specific credit and interest rate risks. This ETF plays a significant role in the fixed income segment of the financial markets, serving both individual and institutional investors who seek a stable income source and a hedge against equity market volatility. Additionally, it contributes to overall portfolio diversification, helping maintain balance and reduce risk in investment portfolios.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE