Key stats
About INVESCO 1-5 YR LDR INV GR CO BD IDX CAD UNITS
Expense ratio
0.27%
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Inception date
Jun 6, 2011
The fund tracks an index that primarily invests in investment grade securities rated BBB or higher and that have a maturity of 1 to 5 years. Only securities issued by Canadian corporations are eligible for inclusion, as long as they meet credit rating and maturity requirements. Selected securities are then placed into five maturity buckets of 1-1.99 years, 2-2.99 years, 3-3.99 years 4-4.99 years, and 5-5.99 years, and are equally weighted within their buckets. On each annual rebalancing, the bonds from each maturity roll out to the next lower bucket. Bonds with a remaining maturity of less than one year are sold, with the proceeds being used to invest in the longest maturity bucket.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.88%
Cash0.12%
Top 10 holdings
Dividends
Dividend payout history