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iShares Core Canadian Short Term Bond Index ETF T.XSB

Alternate Symbol(s):  INITF

The investment objective of the Fund is to provide income by replicating, to the extent possible, the performance of the FTSE Canada Short Term Overall Bond Index ,net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian fixed income securities. The Index is a market capitalization-weighted index consisting of a broadly diversified range of bonds which may include any or all of federal, provincial, corporate including certain qualifying asset-backed securities and municipal bonds.. To achieve its investment objective the Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more exchange-traded funds managed by BlackRock Canada or an affiliate and or through the use of derivatives, a replicating strategy or sampling strategy.


TSX:XSB - Post by User

Post by MrTanneron Sep 16, 2007 9:16am
836 Views
Post# 13405896

Been using XSB for parking....what about you?

Been using XSB for parking....what about you?I have been using XSB as a safe harbour. I have been rewarded since my initial investment by a slow and steady price increase. What are others hoping to do with this investment and why are you in it?
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