What Is PSB?
PSB invests in Canadian corporate fixed-income securities in order to replicate the FTSE Canada Investment Grade 1-5 Year Laddered Corporate Bond Index. The index is comprised of investment-grade Canadian corporate bonds rated BBB or higher. The index is divided into five maturity buckets with staggered maturity levels from one to five years.
Set it, forget it, let compounding do the heavy lifting. 💪