This ETF aims to replicate the performance of the FTSE TMX Canada Short Term Bond Index, net of expenses. It invests in a portfolio of federal, provincial, municipal, and corporate bonds with maturities of one to five years.
Income Investor
Short-term bond funds are less exposed to interest rate movements, either up or down. That means we should expect a better performance from this fund than from XBB in a time of rising rates. That’s exactly what we’re seeing. The fund is down a mere fraction (-0.05%) year-to-date and actually shows a one-year gain of 0.45% to Aug. 31. - Gordon Pape
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Interactive Performance Chart
XSB was first recommended here on September 24, 2003