How Successful Investors Get RICH

Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' for FREE from The Successful Investor.

How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.


Topic: How To Invest

ISHARES DEX UNIVERSE BOND INDEX FUND $31.05 – Toronto symbol XBB

ISHARES DEX UNIVERSE BOND INDEX FUND $31.05 (CWA Rating: Income) (Toronto symbol XBB; buy or sell through brokers) mirrors the performance of the DEX Universe Bond Index. The 821 bonds in the portfolio have an average term-to-maturity of 10.13 years. The fund’s MER is 0.33%.

The bonds in the index are 68.2% government and 31.8% corporate.

The fund yields 3.1%, compared to the Short-Term Bond Fund’s 2.6%. Its yield-to-maturity is 2.37%, 0.79% above the Short-Term Fund. That reflects the added risk of holding long-term bonds.

iShares DEX Universe Bond Fund is a buy for safety-conscious investors who can accept that risk.

Comments

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.