iShares Core Canadian Universe Bond Index ETF

The iShares Core Canadian Universe Bond Index ETF is an exchange-traded fund designed to provide investors with broad exposure to the Canadian fixed-income market. Its primary purpose is to track the investment results of the FTSE Canada Universe Bond Index, which comprises a wide array of Canadian government and corporate bonds. The ETF offers a diversified blend of long, medium, and short-term bonds, offering stability through interest payments and potential capital preservation. This ETF plays a vital role in investment portfolios by providing a low-cost and efficient method to gain exposure to the Canadian bond market. It's particularly beneficial for investors seeking income generation and diversification to lessen the volatility of equity investments. Institutions, as well as individual investors, may use the iShares Core Canadian Universe Bond Index ETF as part of a strategic asset allocation to bolster the fixed-income portion of their portfolios.