Fund Description
The investment seeks investment results that track the performance of the BNP Paribas Diversified USD Covered Bond Index™ (the "index"). The fund invests substantially all of its assets in "Covered Bonds." Covered Bonds are debt instruments, issued by a financial institution and secured by a segregated pool of financial assets (the "cover pool"), typically comprised of mortgages or, in certain cases, public-sector loans. The index, published by BNP Paribas, seeks to track the performance of U.S. dollar-denominated Covered Bonds that are generally rated AAA (or its equivalent). The fund is non-diversified.
Fund Snapshot Updated 05.21.2013
| Previous Close | $102.02 | Expense Ratio | 0.35% |
| YTD Return | 0.1% | Avg. 30-Day Volume | 1,047 |
| 1-Year Return | 0.0% | Market Cap | Loading... |
| Bid | $101.41 | Shares Outstanding | 65,000 |
| Ask | $101.91 | Dividends | $1.05 |
| Top 10 Holdings | |
|---|---|
| Toronto Dominion Bk Ont (—) | 5.03% |
| Bank Nova Scotia (—) | 5.02% |
| Toronto Dominion Bk Ont (—) | 4.97% |
| Bank Of Montreal (—) | 4.26% |
| Bank Of Montreal (—) | 4.21% |
| Caisse Centrale Desjardins (—) | 4.15% |
| Australia & New Zeala Bkg 144A (—) | 4.08% |
| Commonwealth Bk Australia 144A (—) | 4.05% |
| National Australia Bk Ltd144A (—) | 4.05% |
| Dnb Nor Boligkreditt As (—) | 3.43% |
| % of Total Holdings | 43.20% |
