CI 1-5 Year Laddered Government Strip Bond Index ETF (BXF.TO)

Qué hace este fondo

This Fund aims to mirror, as closely as feasible, the returns of a Canadian government strip bond index with a 1-5 year laddered maturity structure, after accounting for its operating expenses. Its benchmark is currently the FTSE Canada 1-5 Year Laddered Government Strip Bond IndexTM. The Fund primarily allocates its capital to strip bonds—encompassing both their coupon and residual components—which originate from Canadian federal and provincial government debt instruments issued within Canada and denominated exclusively in Canadian dollars. To achieve its objective, the Fund's investment approach involves acquiring and maintaining the underlying securities of the aforementioned Index, striving to match their respective weightings as closely as possible.