
TSE:XCB
This summary was created by AI, based on 3 opinions in the last 12 months.
The iShares Cdn Corp Bond ETF (XCB-T) offers exposure to a diversified basket of corporate bonds within the Canadian market. However, experts highlight concerns regarding the current state of bonds as an asset class, especially considering the prevailing government debt and deficits in Canada and the US. Many believe that bonds may struggle to keep pace with inflation, particularly in this phase of the economic cycle. For a 68-year-old retired individual with a well-diversified portfolio, investing in XCB-T can provide additional yield compared to government bonds, but it comes with heightened credit and interest rate risks due to tight credit spreads. Alternative options, like ZST, may be more appropriate for those seeking greater safety.