Key stats
About ISHARES 1-10 YR LADDERED GOV BD ETF COMMON UNIT
Expense ratio
0.17%
Home page
Inception date
Oct 20, 2011
ISIN
CA46431U1057
The fund is a passively managed ETF that tracks an index of investment-grade Canadian government bonds with maturities between one to five years. Investments are primarily in securities of one or more iShares ETFs and/or Canadian fixed income securities. Using a sampling methodology in tracking the index, the fund invests in a sample of securities that collectively have a similar investment profile to the underlying index. The fund consists of semi-annual pay, fixed-rate government bonds denominated in Canadian dollars with a remaining maturity of up to 10 years. The index allocates its holdings equally across five distinct effective maturity groups. Each effective maturity group covers a one-year period and together the groups cover a contiguous five-year period. The index is rebalanced annually.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government79.74%
Corporate20.16%
Cash0.10%