We have qualitatively reviewed this strategy and reaffirmed its Above Average Process and People ratings. IShares Core Canadian Corporate Bond Index ETF XCB provides broad exposure to investment-grade Canadian corporate bonds. The fund has actively slashed its management expense ratio in recent years, improving its low fee advantage. The following text is from May 11, 2023.
iShares Core Canadian Corporate Bd ETF XCB
Morningstar’s Analysis XCB
Will XCB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
The Toronto-Dominion Bank 2.67% | 0.67 | 10.5 Mil | Corporate |
Bank NS Halifax 2.95% | 0.64 | 10.1 Mil | Corporate |
Royal Bank of Canada 3.37% | 0.54 | 8.5 Mil | Corporate |
The Toronto-Dominion Bank 4.21% | 0.54 | 8.5 Mil | Corporate |
Bank of Montreal 4.31% | 0.52 | 8.2 Mil | Corporate |
Bank of Montreal 4.71% | 0.52 | 8.1 Mil | Corporate |
The Toronto-Dominion Bank 4.68% | 0.51 | 8.0 Mil | Corporate |
Royal Bank of Canada 4.63% | 0.49 | 7.7 Mil | Corporate |
Bank of Montreal 3.19% | 0.43 | 6.8 Mil | Corporate |
The Toronto-Dominion Bank 2.26% | 0.42 | 6.6 Mil | Corporate |