iShares Canadian HYBrid Corporate Bond Index ETF (XHB.TO)

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The fund is passively managed to track an index of CAD-denominated corporate bonds with a credit rating of BBB or below. 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. Using a rules-based methodology that changes over time to reflect market developments, the market-value-weighted index is rebalanced daily to add and remove securities that no longer qualify.