Desjardins 1-5 Year Laddered Canadian Government Bond Index ETF
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The fund provides exposure to an index of government bonds issued in Canada. Eligible securities must be denominated in CAD, have an effective time to maturity of at least a year but not more than 6 years, have an investment-grade rating, and meet a minimum issue size of 300 million CAD. In order to maintain a continuous laddered maturity portfolio, the selected securities are placed into five maturity buckets wherein bonds that have a higher effective time to maturity are given priority during adjustments.
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