Key stats
About ISHARES ESG ADV 1-5 YR CNDN COR BD UNIT CAD
Expense ratio
0.17%
Home page
Inception date
Jul 23, 2021
Bloomberg MSCI 1-5 year Canada Corporate Choice ESG Screened 10% Issuer Capped Index - CAD - Benchmark TR Gross
The fund tracks an ESG-oriented index of investment-grade Canadian corporate bonds with between one and five years to maturity. Using a sector-specific key issue weighting model, companies from the funds parent index that are rated and ranked in comparison to their industry peers. Companies are assigned an overall ESG score between 0 and 10, and those with a minimum ESG score of 4.3 are selected. Companies involved in business controversies or are incompatible to determined ESG standards are excluded. Holdings are weighted by market value with a 10% cap for each issuer. The index is rebalanced monthly.
Classification
What's in the fund
Exposure type
Corporate
Stocks1.35%
Finance0.81%
Technology Services0.54%
Bonds, Cash & Other98.65%
Corporate97.36%
Cash1.30%