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) is a well-established option in the bond ETF space, often regarded as the 'grandaddy' of its kind in Canada. It boasts a duration of 7 years, which is typical for bond ETFs in the region, providing a good balance between risk and return. The ETF is diversified across various types of bonds, including federal, corporate, and provincial bonds, catering to a broad range of investors seeking fixed-income exposure. Its robust structure and comprehensive holdings make it an attractive choice for both novice and experienced investors looking to enhance their bond portfolios. Overall, XBB-T is a staple for those looking to invest in Canadian bonds through an ETF format, offering reliable performance and broad market representation.
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.
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.
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, 3 stock analysts published opinions about XBB-T. 1 analyst recommended to BUY the stock. 1 analyst 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.
3 stock analysts on Stockchase covered iShares Core Canadian Universe Bond Index ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-02, iShares Core Canadian Universe Bond Index ETF (XBB-T) stock closed at a price of $28.81.
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.