iShares Core Canadian Long Term Bond Index ETF

iShares Core Canadian Long Term Bond Index ETF is a type of exchange-traded fund (ETF) that offers investors exposure to a broad range of Canadian government and corporate bonds with extended maturities. Primarily designed to track the performance of the FTSE Canada Long Term Bond Index, it aims to provide a cost-effective way for investors to gain access to the long-term fixed income market segment. This ETF is heavily utilized by institutions and individual investors seeking to preserve capital, generate income, or serve as a hedge against market volatility. The longer duration of the bonds it holds makes it sensitive to interest rate changes, thus affecting its price movements. The fund plays a critical role in diversified portfolios, especially for those focusing on interest income and long-term stability, providing a mechanism to balance out equities and other asset types in a comprehensive investment strategy.