CAB - High Quality Canadian Bond Index ETF

The fund has been designed to replicate, to the extent possible, the performance (before fees and expenses) of the DLUX Capped Bond Index. The fund gives investors exposure to a well-diversified, investment-grade, Canadian bond portfolio comprised of 60% government bonds and 40% corporate bonds.

The Fund previously used a forward agreement structure which was terminated on November 12, 2013. In connection with the termination of the forward agreement, the Fund changed its investment strategy such that it will invest directly in, and hold the constituent securities of, the Fund’s index in substantially the same proportion as they are reflected in the index or invest directly in a manner that causes the Fund to replicate the performance of the index.

On March 24, 2014, BlackRock Canada announced changes to the annual management fee for the fund. Please refer to the press release for more information.
CAB CAD

Quote

Historical Prices

 

Market Price

as of 17-Apr-2014

NAV

as of 17-Apr-2014

Close $20.30 $20.28
Change -$0.02   -0.10% -$0.05   -0.22%
52-week Range 19.61 - 20.91 19.73 - 20.92

Top Daily Holdings* as of 17-Apr-2014
View all holdings

Holding % of Fund Coupon Maturity Ratings
CANADA (GOVERNMENT OF) 1.24% 3.75 01-Jun-2019 AAA
CANADA (GOVERNMENT OF) 1.23% 4.00 01-Jun-2041 AAA
CANADA (GOVERNMENT OF) 1.14% 5.00 01-Jun-2037 AAA
CANADA (GOVERNMENT OF) 1.09% 5.75 01-Jun-2033 AAA
ONTARIO (PROVINCE OF) 1.07% 3.15 02-Jun-2022 AA
CANADA (GOVERNMENT OF) 0.98% 3.50 01-Jun-2020 AAA
CANADA (GOVERNMENT OF) 0.94% 3.00 01-Dec-2015 AAA
CANADA HOUSING TRUST NO.1 0.92% 2.75 15-Jun-2016 AAA
CANADA (GOVERNMENT OF) 0.91% 3.50 01-Dec-2045 AAA
ROYAL BANK OF CANADA 0.91% 2.26 12-Mar-2018 AA
Total: 10.42%      
*Holdings are subject to change.

Sector Breakdown as of 17-Apr-2014
View all holdings

 

Sector

% of Fund

Sector

% of Fund

 
Federal
32.87%
 
Energy
1.61%
 
Financial
30.89%
 
Industrial
0.57%
 
Provincial
24.69%
 
Municipal
0.38%
 
Infrastructure
3.43%
 
Real Estate
0.14%
 
Securitization
1.95%
 
Other/Undefined
3.47%

Maturity as of 17-Apr-2014
View all holdings

Timeframe % of Maturity
0 - 1 Year 0.00%
1 - 5 Years 47.76%
5 - 10 Years 24.91%
10 - 15 Years 4.93%
15 - 20 Years 4.13%
20 - 25 Years 4.33%
25+ Years 12.67%
Average: 8.27  Years

Yield as of 16-Apr-2014
View all distributions

  % of Yield
Distribution Yield Distribution Yield

The annual yield an investor would receive if the most recent fund distribution stayed the same going forward. The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses.

3.41%
12-Month Trailing Yield 12-Month Trailing Yield

The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-month trailing yield is calculated by summing any income distributions over the past twelve months and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses.

2.79%
Weighted Average Yield to Maturity (%) Weighted Average Yield to Maturity (%)

The average YTM is the interest rate that will make the present value of the cash flows from a bond equal to its market price plus accrued interest. The average yield to maturity considers not only the coupon income, but any capital gain or loss that the investor will realize by holding the bonds to maturity. It also considers the reinvestment of the coupons.

2.27%

Fundamentals & Risk as of 16-Apr-2014

 
Weighted Average Term Weighted Average Term

The average number of years that each dollar of unpaid principal due on the mortgage remains outstanding.

8.27
Weighted Average Coupon (%) Weighted Average Coupon (%)

The mean of the coupon rate of the underlying bonds in a portfolio.

3.46%
Weighted Average Duration (yrs) Weighted Average Duration (yrs)

The mean duration of the underlying bonds in the portfolio of the fund.

Duration is a measure of the responsiveness of a bond's price to small changes in interest rates. Bond prices generally move inversely to interest rates.

5.99

Profile

as of 17-Apr-2014

 
Assets Under Management $64,896,308
Assets Under Management (Common and Advisor) $71,988,806
Fiscal Year End 31-Dec-2014
Units Outstanding 3,200,000
Number of Holdings 298
Inception Date 19-Nov-2009
Index Provider FTSE TMX Global Debt Capital Markets Inc.
Underlying Index FTSE TMX Canada Liquid Universe Capped Bond Index™

Fees & Expenses

 
Management Fee Management Fee

The annual fee payable by the fund to BlackRock Canada for acting as trustee and manager of the fund.

  0.12%

Distribution Information as of  16-Apr-2014

 
Program Eligibility* DRIP / PACC / SWP
Eligible for Registered Plans Yes**
Distribution Frequency Monthly
Last Distribution per Share $0.04949
Distribution Yield 3.41%
Last Date Paid 30-Apr-2014
*BlackRock Canada offers these programs through the fund's transfer agent. Participation by individual brokerage can vary.
**Investors should consult their plan operator to verify whether their specific account supports investments in iShares ETFs.

Trading Information

 
Ticker CAB
Underlying Index FTSE TMX Canada Liquid Universe Capped Bond Index™
Exchange Toronto Stock Exchange
CUSIP 46432H103
Listed Options N

Ratings

as of 17-Apr-2014

Ratings % of Fund
AAA 38.70%
AA 31.23%
A 27.54%
BBB 0.00%
BB 0.00%
B 0.00%
CCC 0.00%
CC 0.00%
C 0.00%
D 0.00%
Other 2.53%
Cash 0.00%