This summary was created by AI, based on 1 opinions in the last 12 months.
The iShares Core Canadian Universe Bond Index ETF (XBB-T) has been praised for its 7-year duration, which is typical for bond ETFs in Canada. It offers a diverse range of federal, corporate, and provincial bonds, making it a reliable option for investors looking for stability and consistent returns. As the pioneer in this category, it has established a strong reputation and is considered a foundational choice for those seeking exposure to the Canadian bond market.
About 75% is government bonds and 25% corporate Canadian bonds. It has a 3.3% yield. Although down over the past three years, there should be upside if bond prices appreciate. In general, for fixed income you can hold some cash but should also have bonds.
Gives you a broad, diversified basket of bonds (federal, provincial, corporate) and charges an MER of 10 basis points. Period of 7.5 years with a yield at maturity of nearly 4%.
The broad Canadian bond market. The interest rate risk on the broader market is at 7 which mean if we see a 100 basis point increase in interest rates, you will lose about 7% in terms of capital. It is not time to step in yet. If interest rates went up 25 basis points then it would be time to move in. Don’t extend duration until interest rates go up a little but.
Continue Exposure to XBB-T? Everyone is disappointed in the return on bonds. The XBB-T is a mid-term bond ETF. The return is low but that does not mean you should be piling into equities. You are adding to risk if you don’t have this exposure. If you sell, then buy some money market.
The entire Canadian bond world. You should not pay active management fees for fixed income because active managers cannot make a big enough difference to make their fee.
Interest Rates. Entire Canadian bond market. There is a scarcity of 10 years bonds and higher in the US market. For the foreseeable future, the long end of the curve should stay well anchored unless we see inflation pressures, which we shouldn’t. The trend is still up, even though we had a high in 2012/13. It is a place to invest and diversify in your portfolio if you are negative on the outlook on stocks.
To buy the Canadian bond market. Government and corporate. Also, likes XHY for high yield, although it is non-investment grade corporate.
iShares Core Canadian Universe Bond Index ETF is a Canadian stock, trading under the symbol XBB-T on the Toronto Stock Exchange (XBB-CT). It is usually referred to as TSX:XBB or XBB-T
In the last year, 1 stock analyst published opinions about XBB-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares Core Canadian Universe Bond Index ETF.
iShares Core Canadian Universe Bond Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Core Canadian Universe Bond Index ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered iShares Core Canadian Universe Bond Index ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-13, iShares Core Canadian Universe Bond Index ETF (XBB-T) stock closed at a price of $28.53.
Has a duration of 7 years, typical of these kinds of bond ETFs in Canada. Includes federal, corporate, and provincial bonds. Is the grandaddy of this kind of ETF.