New Dynamic iShares ETF mitigates rate fluctuations

Dynamic Funds and BlackRock Asset Management Canada Limited have launched Dynamic iShares Active Investment Grade Floating Rate ETF. The fund aims to provide a floating rate of interest income while preserving capital by investing primarily in Canadian investment grade corporate bonds, and by using interest rate derivatives that seek to mitigate the effects of interest […]

By Staff | March 28, 2018 | Last updated on March 28, 2018

1 min read

Dynamic Funds and BlackRock Asset Management Canada Limited have launched Dynamic iShares Active Investment Grade Floating Rate ETF.

The fund aims to provide a floating rate of interest income while preserving capital by investing primarily in Canadian investment grade corporate bonds, and by using interest rate derivatives that seek to mitigate the effects of interest rate fluctuations.

The ETF provides exposure to an active investment strategy managed by portfolio manager Marc-André Gaudreau.

Read: Here’s how portfolio managers are investing now

Fund units are listed on the TSX starting today.

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