Key stats
About Scotia Responsible Investing Canadian Bond Index ETF Trust Units
Home page
Inception date
Jan 4, 2022
Structure
Canadian Mutual Fund Trust (ON)
Solactive Responsible Canadian Bond Universe Liquid ex MPL TR Index - CAD - Benchmark TR Gross
Dividend treatment
Distributes
Primary advisor
1832 Asset Management LP
ISIN
CA80929N1096
The fund tracks an index of Canadian investment-grade bonds of various maturities. The fund offers broad exposure to the fixed income market by investing in liquid corporate and government bonds domiciled in Canada, excluding CAD-denominated securities by foreign issuers (also known as maple bonds). Government securities include provincial and municipal bonds. Bonds must pass the issuer-based screening from ISS-ESG that uses norm-based and controversial weapon research, as well as activity-based screening. Companies considered must include at least one woman in upper management. Remaining securities then are ranked within each sector according to their carbon intensity. The highest ranked securities are selected. The fund uses a sampling methodology, which means it can invest in a sample of securities with a similar investment profile to that of the underlying index. The index is rebalanced monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government63.76%
Corporate35.65%
Cash0.38%
Municipal0.21%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SRIB invests in bonds. The fund's major sectors are Government, with 63.76% stocks, and Corporate, with 35.65% of the basket. The assets are mostly located in the North America region.
SRIB top holdings are Canada Treasury Bonds 1.25% 01-JUN-2030 and Canada Treasury Bonds 1.5% 01-JUN-2031, occupying 1.66% and 1.53% of the portfolio correspondingly.
SRIB assets under management is 81.05 M CAD. It's risen 1.89% over the last month.
SRIB fund flows account for 31.99 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SRIB doesn't pay dividends to its holders.
SRIB shares are issued by The Bank of Nova Scotia under the brand Scotia. The ETF was launched on Jan 4, 2022, and its management style is Passive.
SRIB expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
SRIB follows the Solactive Responsible Canadian Bond Universe Liquid ex MPL TR Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SRIB invests in bonds.
SRIB price has risen by 0.53% over the last month, and its yearly performance shows a 1.98% increase. See more dynamics on SRIB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 3.42% increase in three-month performance and has increased by 4.85% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 3.42% increase in three-month performance and has increased by 4.85% in a year.
SRIB trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.