XGB - iShares Canadian Government Bond Index ETF

The iShares Canadian Government Bond Index ETF seeks to provide income by replicating, to the extent possible, the performance of the FTSE TMX Canada All Government Bond IndexTM, net of expenses. The index is comprised primarily of semi-annual pay fixed rate government and government-guaranteed bonds issued domestically in Canada and denominated in Canadian dollars, with an investment grade rating and a remaining effective term to maturity of at least one year.

During the first quarter of 2014 the name of the fund’s underlying index was changed from DEX All Government Bond Index to FTSE TMX Canada All Government Bond Index™.

Effective March 24, the name of the fund was changed from iShares DEX All Government Bond Index Fund to iShares Canadian Government Bond Index ETF.

XGB CAD

Quote

Historical Prices

 

Market Price

as of 28-Jul-2014

NAV

as of 25-Jul-2014

Close $21.48 $21.50
Change -$0.02   -0.09% $0.07   0.33%
52-week Range 20.50 - 21.55 20.49 - 21.54

Top Daily Holdings* as of 25-Jul-2014
View all holdings

Holding % of Fund Coupon Maturity Ratings
CANADA (GOVERNMENT OF) 1.92% 3.75 01-Jun-2019 AAA
CANADA (GOVERNMENT OF) 1.89% 4.00 01-Jun-2041 AAA
CANADA (GOVERNMENT OF) 1.76% 5.00 01-Jun-2037 AAA
CANADA (GOVERNMENT OF) 1.67% 5.75 01-Jun-2033 AAA
CANADA (GOVERNMENT OF) 1.48% 3.50 01-Dec-2045 AAA
CANADA (GOVERNMENT OF) 1.44% 3.50 01-Jun-2020 AAA
CANADA (GOVERNMENT OF) 1.40% 5.75 01-Jun-2029 AAA
CANADA (GOVERNMENT OF) 1.38% 1.00 01-Aug-2016 --
ONTARIO (PROVINCE OF) 1.33% 2.85 02-Jun-2023 AA
CANADA HOUSING TRUST NO.1 1.30% 2.75 15-Jun-2016 AAA
Total: 15.55%      
*Holdings are subject to change.

Sector Breakdown as of 25-Jul-2014
View all holdings

 

Sector

% of Fund

Sector

% of Fund

 
Federal
51.24%
 
Municipal
2.74%
 
Provincial
43.32%
 
Other/Undefined
2.70%

Maturity as of 25-Jul-2014
View all holdings

Timeframe % of Maturity
0 - 1 Year 0.00%
1 - 5 Years 39.55%
5 - 10 Years 26.94%
10 - 15 Years 6.47%
15 - 20 Years 5.42%
20 - 25 Years 6.54%
25+ Years 14.41%
Average: 10.79  Years

Yield as of 25-Jul-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.

2.81%
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.

2.90%
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.

2.21%

Fundamentals & Risk as of 25-Jul-2014

 
Weighted Average Term Weighted Average Term

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

10.79
Weighted Average Coupon (%) Weighted Average Coupon (%)

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

3.51%
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.

7.66

Profile

as of 25-Jul-2014

 
Assets Under Management $234,334,719
Investment Subadviser FTSE TMX Global Debt Capital Markets Inc.
Fiscal Year End 31-Dec-2014
Units Outstanding 10,900,000
Number of Holdings 283
Inception Date 06-Nov-2006
Index Provider FTSE TMX Global Debt Capital Markets Inc.
Underlying Index FTSE TMX Canada All 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.

  0.35%
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.

  0.38%

Distribution Information as of  25-Jul-2014

 
Program Eligibility* DRIP
Eligible for Registered Plans Yes**
Distribution Frequency Monthly
Last Distribution per Share $0.05027
Distribution Yield 2.81%
Last Date Paid 31-Jul-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 XGB
Underlying Index FTSE TMX Canada All Government Bond Index™
Exchange Toronto Stock Exchange
CUSIP 46430L106
Listed Options N

Ratings

as of 25-Jul-2014

Ratings % of Fund
AAA 58.24%
AA 22.35%
A 16.66%
BBB 0.00%
BB 0.00%
B 0.00%
CCC 0.00%
CC 0.00%
C 0.00%
D 0.00%
Other 2.75%
Cash 0.00%