iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)

iShares U.S. Aggregate Bond Index ETF (CAD-Hedged) is a Canadian-listed exchange-traded fund designed to provide investors with exposure to the performance of the U.S. investment-grade bond market while hedging against currency fluctuations between the U.S. dollar and the Canadian dollar. This ETF is comprised of a diverse mix of U.S. government, corporate, and mortgage-backed securities, reflecting the composition of the U.S. Aggregate Bond Index, which is a broad-based benchmark widely used to track the U.S. bond market performance. The CAD-Hedged feature makes it particularly appealing to Canadian investors who seek to mitigate currency risk. Managed by iShares, a leading provider of ETFs, it plays a crucial role in diversifying portfolios with a stable income stream and serves as a tool for reducing portfolio volatility by providing a degree of protection against interest rate changes.