Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP.NE)

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This investment vehicle offers access to a portfolio tracking inflation-indexed debt instruments issued by the United States Treasury. To be included, bonds must be denominated in U.S. dollars, possess a minimum remaining maturity of eighteen months for new offerings, and have an issued face value of at least $750 million USD. The components are weighted by their market capitalization and undergo monthly adjustments. Currency derivatives are utilized to mitigate the impact of fluctuations between the U.S. dollar and the Canadian dollar on the underlying securities. It is tailored for risk-averse investors seeking an economical way to gain diversified access to U.S. government debt that is protected against inflation.