CLG - 1-10 Year Laddered Government Bond Index Fund

Commencement Date: 20-Oct-2011
iShares 1-10 Year Laddered Government Bond Index Fund seeks to track the DEX 1-10 Year Laddered Government Bond Index – net expenses, with minimal tracking. CLG holds the Canadian government bonds included in the index (secure and rated AAA) offering investors exposure to a well-diversified, government bond portfolio with laddered maturity levels from 1-10 years.
CLG CAD

Quote

Historical Prices

 

Market Price

as of 17-Jun-2013

NAV

as of 17-Jun-2013

Close $19.67 $19.65
Change $0.08   0.41% -$0.01   -0.04%
52-week Range 19.56 - 20.21 19.57 - 20.20

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Top Daily Holdings* as of 17-Jun-2013
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Holding % of Fund Coupon Maturity Ratings
ONTARIO (PROVINCE OF) 2.87% 4.20 08-Mar-2018 AA
QUEBEC (PROVINCE OF) 2.87% 4.50 01-Dec-2017 A
BRITISH COLUMBIA (PROVINCE OF) 2.80% 4.70 01-Dec-2017 AAA
CANADA (GOVERNMENT OF) 2.79% 4.25 01-Jun-2018 AAA
ONTARIO CANADA (PROVINCE OF) 2.40% 4.20 02-Jun-2020 AA
QUEBEC (PROVINCE OF) 2.37% 4.50 01-Dec-2019 A
CANADA HOUSING TRUST NO.1 2.36% 3.75 15-Mar-2020 AAA
ONTARIO CANADA (PROVINCE OF) 2.35% 4.40 02-Jun-2019 AA
QUEBEC (PROVINCE OF) 2.34% 4.50 01-Dec-2018 A
BRITISH COLUMBIA PROV OF 2.34% 4.10 18-Dec-2019 AAA
Total: 25.47%      
*Holdings are subject to change.

Sector Breakdown as of 17-Jun-2013
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Sector

% of Fund

Sector

% of Fund

 
Provincial
64.44%
 
Municipal
2.68%
 
Federal
32.36%  

Maturity as of --
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Timeframe % of Maturity
Average: 4.75  Years

Yield as of 14-Jun-2013
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  % 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.

 		3.79%
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 yield is calculated by summing any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. This figure does not take into account management fees or other fund expenses.

 		3.76%
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.

 		1.85%

Fundamentals & Risk as of 14-Jun-2013

 
Weighted Average Term Weighted Average Term

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

 		4.75
Weighted Average Coupon (%) Weighted Average Coupon (%)

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

 		4.19%
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.

 		4.24

Profile

as of 17-Jun-2013

 
Assets Under Management $31,432,324
Fiscal Year End 31-Dec-2013
Units Outstanding 1,600,000
Number of Holdings 51
Inception Date 20-Oct-2011
Index Provider PC Bond
Underlying Index DEX 1-10 Year Laddred Government 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.

 		  0.15%
Management Expense Ratio (MER) Management Expense Ratio(MER)

As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs.

 		  0.17%

Distribution Information as of  14-Jun-2013

 
Program Eligibility* DRIP / PACC / SWP
Eligible for Registered Plans Yes**
Distribution Frequency Monthly
Last Distribution per Share $0.06200
Distribution Yield 3.79%
Last Date Paid 28-Jun-2013
*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 CLG
Underlying Index DEX 1-10 Year Laddred Government Bond Index
Exchange Toronto Stock Exchange
CUSIP 46431U105
Listed Options N

Ratings

as of 17-Jun-2013

Ratings % of Fund
AAA 48.81%
AA 26.02%
A 24.66%
BBB 0.00%
BB 0.00%
B 0.00%
CCC 0.00%
CC 0.00%
C 0.00%
D 0.00%
Other 0.00%