Mackenzie Canadian Aggregate Bond Index ETF (QBB.TO)

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Mackenzie Canadian Aggregate Bond Index ETF (QBB.TO)

Country: CanadaSector: Financial ServicesIndustry: Asset Management - BondsExchange: TSX

Company overview

This Exchange Traded Fund (ETF) is designed to passively replicate the overall performance of the high-quality Canadian fixed-income market. It achieves this by investing in a broad spectrum of debt instruments, including those issued by government bodies, international organizations, and corporations, all denominated in Canadian dollars. To be eligible for inclusion in the underlying index, these bonds must maintain a minimum credit rating of BBB- and possess an outstanding principal amount of at least CAD 150 million. Additionally, each security must have a remaining term to maturity of one year or more. The portfolio's weighting is determined by the market value of its individual holdings.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryCanada
Trades inCAD
Current price
91.54+0.10%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Mackenzie Canadian Aggregate Bond Index ETF (QBB.TO)

QBB.TO · TSX · Financial Services
91.54+0.10%
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No price history available.

About

This Exchange Traded Fund (ETF) is designed to passively replicate the overall performance of the high-quality Canadian fixed-income market. It achieves this by investing in a broad spectrum of debt instruments, including those issued by government bodies, international organizations, and corporations, all denominated in Canadian dollars. To be eligible for inclusion in the underlying index, these bonds must maintain a minimum credit rating of BBB- and possess an outstanding principal amount of at least CAD 150 million. Additionally, each security must have a remaining term to maturity of one year or more. The portfolio's weighting is determined by the market value of its individual holdings.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryCanada
Trades inCAD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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