ISHARES CONVERTIBLE BOND INDEX CONVERTIBLE BOND INDEX ETF CADISHARES CONVERTIBLE BOND INDEX CONVERTIBLE BOND INDEX ETF CADISHARES CONVERTIBLE BOND INDEX CONVERTIBLE BOND INDEX ETF CAD

ISHARES CONVERTIBLE BOND INDEX CONVERTIBLE BOND INDEX ETF CAD

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Key stats


Assets under management (AUM)
‪97.44 M‬CAD
Fund flows (1Y)
‪883.86 K‬CAD
Dividend yield (indicated)
4.96%
Discount/Premium to NAV
0.9%
Shares outstanding
‪5.55 M‬
Expense ratio
0.59%

About ISHARES CONVERTIBLE BOND INDEX CONVERTIBLE BOND INDEX ETF CAD


Brand
iShares
Home page
Inception date
Jun 14, 2011
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
FTSE Canada Convertible Bond Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund is passively managed to provide exposure to convertible bonds listed in a Canadian exchange with a minimum of three months to maturity. Once included in the index, a convertible bond can be removed if the bond has been called within the last 30 days, has matured within the last 30 days, or it no longer meets other eligibility criteria. Holdings are weighted by market value, capped at 10% and the weight of any industry sector capped at 50%. The index is rebalanced quarterly.

Broaden your horizons with more funds linked to CVD via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, convertible
Focus
Broad credit
Niche
Broad maturities
Strategy
Vanilla
Geography
Canada
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CVD trades at 17.62 CAD today, its price has fallen −0.73% in the past 24 hours. Track more dynamics on CVD price chart.
CVD net asset value is 17.60 today — it's risen 0.91% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CVD assets under management is ‪97.44 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CVD price has risen by 0.40% over the last month, and its yearly performance shows a 5.89% increase. See more dynamics on CVD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.91% over the last month, showed a 2.60% increase in three-month performance and has increased by 12.04% in a year.
CVD fund flows account for ‪883.86 K‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CVD invests in bonds. See more details in our Analysis section.
CVD expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CVD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CVD technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CVD shows the buy signal. See more of CVD technicals for a more comprehensive analysis.
Yes, CVD pays dividends to its holders with the dividend yield of 4.96%.
CVD trades at a premium (0.86%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CVD shares are issued by BlackRock, Inc.
CVD follows the FTSE Canada Convertible Bond Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 14, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.