This fund aims to allocate a minimum of 80% of its capital to replicate the specific securities included in its benchmark index. Furthermore, at least 90% of its total assets will be comprised of fixed-income instruments consistent with the categories found in that index. The underlying index itself consists of corporate bonds that are denominated in U.S. dollars, are subject to taxation, pay a fixed rate of interest, and possess either a high-yield or BBB (or equivalent) credit rating. These bonds are all slated to mature between January 1, 2024, and December 15, 2024.

IBHD Holdings & Sector Breakdown