This ETF seeks to replicate the performance of the FTSE TMX Canada Universe Bond Index, net of expenses. The index consists of a broadly diversified selection of investment-grade Government of Canada, provincial, corporate, and municipal bonds issued domestically in Canada and denominated in Canadian dollars.
Wealth Builder
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Income Investor
This ETF is in recovery mode after down years in 2021-22. The credit quality is very high, with all the holdings rated investment grade. Federal bonds make up 40.22% of the total assets with provincials accounting for 33.16%. High-rated corporate issues make up most of the rest of the portfolio.- Gordon Pape
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Interactive Performance Chart
XBB was first recommended here on December 15, 2004