Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP.NE)

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Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP.NE)

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

Company overview

This investment vehicle offers access to a portfolio tracking inflation-indexed debt instruments issued by the United States Treasury. To be included, bonds must be denominated in U.S. dollars, possess a minimum remaining maturity of eighteen months for new offerings, and have an issued face value of at least $750 million USD. The components are weighted by their market capitalization and undergo monthly adjustments. Currency derivatives are utilized to mitigate the impact of fluctuations between the U.S. dollar and the Canadian dollar on the underlying securities. It is tailored for risk-averse investors seeking an economical way to gain diversified access to U.S. government debt that is protected against inflation.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryCanada
Trades inCAD
Current price
79.62-0.23%
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 US TIPS Index ETF (CAD-Hedged) (QTIP.NE)

QTIP.NE · NEO · Financial Services
79.62-0.23%
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No price history available.

About

This investment vehicle offers access to a portfolio tracking inflation-indexed debt instruments issued by the United States Treasury. To be included, bonds must be denominated in U.S. dollars, possess a minimum remaining maturity of eighteen months for new offerings, and have an issued face value of at least $750 million USD. The components are weighted by their market capitalization and undergo monthly adjustments. Currency derivatives are utilized to mitigate the impact of fluctuations between the U.S. dollar and the Canadian dollar on the underlying securities. It is tailored for risk-averse investors seeking an economical way to gain diversified access to U.S. government debt that is protected against inflation.

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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