The iShares Core Canadian Long Term Bond Index ETF (ticker: IOOXF) is a distinguished investment vehicle designed for those seeking to capitalize on the stability and potential of the Canadian bond market. This ETF is strategically positioned within the Broad Market category, offering investors access to a diversified portfolio of investment-grade bonds. By focusing on long-term debt securities, IOOXF provides exposure to bonds with extended maturities, allowing investors to benefit from consistent income streams and potential capital appreciation over time.
As a broad-based fund, IOOXF caters to investors interested in the overarching Canadian bond landscape, yet it carves out a niche by concentrating on high-quality, investment-grade bonds. This focus ensures that the fund maintains a robust credit profile, appealing to risk-averse investors who prioritize preservation of capital and reliable returns.
IOOXF is an ideal choice for those looking to balance their portfolios with a long-term, income-generating asset. Its commitment to investment-grade bonds within the Canadian market makes it a compelling option for individuals aiming to enhance their fixed-income exposure while mitigating risk. Whether you are a seasoned investor seeking diversification or a newcomer eager to explore the bond market's potential, the iShares Core Canadian Long Term Bond Index ETF offers a solid foundation for achieving your financial objectives.
iShares Core Canadian Long Term Bond Index ETF (XLB) Fund Flow Chart
iShares Core Canadian Long Term Bond Index ETF (XLB) 1 year Net Flows: -C$208M
XLB ETF FAQ
What was TSE:XLB’s price range in the past 12 months?
TSE:XLB lowest ETF price was C$18.01 and its highest was C$20.28 in the past 12 months.