What does Global X Canadian Select Universe Bond Index Corporate Class ETF invest in?▾
HBB is designed to measure the performance of the Canadian investment-grade fixed-income market by selecting bonds offering duration, yield and return characteristics representative of the universe of eligible government & corporate bond securities. HBB provides exposure to bonds with a minimum credit rating of BBB-, ensuring a focus on investment-grade securities within the index. This ETF is suitable for an investor looking for total return exposure to the Canadian investment-grade fixed income market but is not looking for regular distributions. HBB seeks to replicate, to the extent...