What Is XIGS?
One ticker, 4,713 companies
The ETF seeks to provide income by replicating, to the extent possible, the performance of an index composed of U.S. dollar-denominated, investment grade corporate bonds with remaining maturities between one and five years, net of expenses, and to the extent possible, hedge any resulting U.S. dollar currency exposure back to Canadian dollars. The current index for the ETF is the ICE BofA 1-5 Year US Corporate Index (CAD-Hedged).
IssuerBMO Global Asset Management
Inception dateJuly 6, 2021
ExchangeToronto Stock Exchange
CurrencyCAD
Risk ratingLow
Management fee0.15%
Set it, forget it, let compounding do the heavy lifting. 💪