Instrument NameCI 1 To 5 Yr Lad Gov Stp Bd ETFInstrument Symbol(BXF-T)

Instrument ExchangeTSX

The CI First Asset 1-5 Year Laddered Government Strip Bond Index ETF tracks the performance of a FTSE TMX Canada 1-5 Year Laddered Government Strip Bond Index, net of expenses. This ETF invests in strip bonds derived from Canadian federal and provincial government issues with duration ranging from 1-5 years, making it an ideal solution for those looking to mitigate both interest rate risk and credit risk. Another important feature of strip bonds is that they're priced at discounts to their par values, offering up attractive tax-efficiency relative to other bonds trading at premiums.