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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 possible, the performance of the Solactive Canadian Select Universe Bond Index (Total Return), net of expenses. The Solactive Canadian Select Universe Bond Index (Total Return) is designed to measure the performance of the Canadian investment-grade fixed income market.
Global X Canadian Select Universe Bond Index Corporate Class ETF · Issued by Global X