iShares 1-5 Year U.S. Corporate Bond Index ETF (CAD-Hedged)

iShares 1-5 Year U.S. Corporate Bond Index ETF (CAD-Hedged) is an exchange-traded fund designed to provide a diverse and efficient way to invest in short-term U.S. corporate bonds with a Canadian dollar hedge. The primary purpose of this ETF is to track the performance of the Bloomberg Barclays U.S. 1-5 Year Corporate Bond Index, by investing in a broad array of investment-grade U.S. corporate bonds. By hedging the currency exposure, this ETF caters specifically to Canadian investors looking to neutralize foreign exchange risk while accessing American debt markets. It impacts sectors such as finance, utilities, industrials, and telecommunications. In the financial market, the iShares 1-5 Year U.S. Corporate Bond Index ETF (CAD-Hedged) serves as a vital tool for portfolio diversification, offering stability and income potential. Its CAD-hedged feature makes it an attractive option for Canadian investors seeking exposure to U.S. corporate bonds without the added volatility of currency fluctuations.