What Is FCUB?
The ETF invests primarily in U.S. fixed income securities, with an emphasis on investment grade fixed income securities. It can invest in these securities either directly or indirectly through investments in underlying investment funds. The ETF uses a proprietary quantitative model based on advanced research capabilities in the construction of its portfolio. The ETF uses derivatives to try to achieve a desired risk exposure and/or minimize the exposure to currency fluctuations between developed market foreign currencies (such as the U.S. dollar) and the Canadian dollar.
Set it, forget it, let compounding do the heavy lifting. 💪