Overview
Description
The iShares Core Canadian Corporate Bond Index ETF is an exchange-traded fund designed to provide investment results that track the performance of the Canadian corporate bond market. Primarily, this ETF invests in a diversified portfolio of investment-grade corporate bonds issued by Canadian companies. Its objective is to offer stable income streams and potential for modest capital appreciation while maintaining a focus on creditworthiness and liquidity.
Key features of the iShares Core Canadian Corporate Bond Index ETF include exposure to multiple sectors within the corporate bond market, such as financials, industrials, and utilities, giving investors access to the broad credit landscape of corporate Canada. It offers monthly distributions, appealing to those seeking regular income.
In the financial market, this ETF serves as a crucial tool for investors aiming to diversify their fixed income portfolio, particularly those with a focus on Canadian issuers. Its market significance lies in its ability to balance risk through diversification, providing a lower default risk compared to equity investments and potentially offering a hedge against equity market volatility.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE