The ETF seeks to provide income by replicating, to the extent possible, the performance of an index composed of inflation-indexed U.S. Treasury bonds with remaining maturities of less than five years, net of expenses, and to the extent possible, hedge any resulting U.S. dollar currency exposure back to Canadian dollars. The current index for the ETF is the Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) (CAD-Hedged).
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.