The ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a broadly diversified Canadian fixed income market index that tracks the investment returns of Canadian dollar-denominated investment grade bonds.
$126.77MM
Net Assets
as of Sep 20
Net Assets
as of Sep 20
6,550,000
Units Outstanding
as of Sep 20
Units Outstanding
as of Sep 20
2020
Oct 20
Inception
Oct 20
Inception
0.05%
Management Fee
Why invest in Scotia Canadian Bond Index Tracker ETF
- Low cost, passive exposure to a liquid universe of Canadian investment grade bonds
- Bond core holding in a diversified portfolio
- Monthly income distribution
Overview
Ticker
SITB
Inception
Oct 20, 2020
Asset Class
Canadian Fixed Income
Eligibility
RRSP/RRIF/RESP/TFSA/RDSP/DPSP
DRIP Eligibility
Distribution Frequency
Monthly
Fiscal Year End
December 31
Risk Rating
Management Fee
0.05%
MER1
–
Exchange
NEO Exchange
Currency
CAD
CUSIP
809254105
Benchmark Index
Solactive Broad Canadian Bond Universe Liquid ex MPL TR Index
Portfolio Management
Portfolio Manager
1832 Asset Management L.P.
Sub Advisor
SSGA Canada
Portfolio Analysis
Distribution Yield1
–
12 Month Trailing Yield1
–
Performance
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Portfolio Breakdown
Maturity Exposure (%)
| 1-5 years | 42.7 |
| 5-10 years | 27.1 |
| More than 20 years | 20.8 |
| 10-20 years | 9.4 |
Top Holdings (%)
| Gov. of Canada, 2.00%, 2051/12/1 | 2.5 |
| Gov. of Canada, 0.50%, 9/1/2025 | 2.0 |
| Gov. of Canada, 1.25%, 6/1/2030 | 2.0 |
| Gov. of Canada, 0.50%, 12/1/2030 | 1.8 |
| Gov. of Canada, 0%, 4/1/2024 | 1.6 |
| Gov. of Canada, 2.00%, 9/1/2023 | 1.6 |
| Gov. of Canada, 0.25%, 2022/08/01 | 1.5 |
| Gov. of Canada, 0%, 3/1/2026 | 1.4 |
| Gov. of Canada, 0%, 2/1/2023 | 1.4 |
| Gov. of Canada, 0%, 11/1/2022 | 1.4 |
Historical Distributions2
Historical Periodical Distributions ($/unit)
| Distr.Period | Ex-Dividend Date | Record Date | Pay Date | Cash Distr. Per Unit |
Re-invested Distr. Per Unit |
Total Distr. Per Unit |
|---|---|---|---|---|---|---|
| Nov 2020 | Nov 27, 2020 | Nov 30, 2020 | Dec 07, 2020 | 0.02 | - | 0.02 |
| Dec 2020 | Dec 30, 2020 | Dec 31, 2020 | Jan 08, 2021 | - | 0.08 | 0.08 |
| Jan 2021 | Jan 28, 2021 | Jan 29, 2021 | Feb 05, 2021 | 0.02 | - | 0.02 |
| Feb 2021 | Feb 25, 2021 | Feb 26, 2021 | Mar 05, 2021 | 0.03 | - | 0.03 |
| Mar 2021 | Mar 30, 2021 | Mar 31, 2021 | Apr 08, 2021 | 0.02 | - | 0.02 |
| Apr 2021 | Apr 30, 2021 | Apr 30, 2021 | May 07, 2021 | 0.02 | - | 0.02 |
| May 2021 | May 28, 2021 | May 31, 2021 | Jun 07, 2021 | 0.03 | - | 0.03 |
| Jun 2021 | Jun 29, 2021 | Jun 30, 2021 | Jul 08, 2021 | 0.03 | - | 0.03 |
| Jul 2021 | Jul 29, 2021 | Jun 30, 2021 | Aug 09, 2021 | 0.02 | - | 0.02 |
| Aug 2021 | Aug 30, 2021 | Aug 31, 2021 | Sep 10, 2021 | 0.02 | - | 0.02 |
| Year to date | 0.29 |
Historical Calendar Year Distributions ($/unit)
| Distr.Period | Eligible Div. | Non-eligible Div. | Other Income | Capital Gains | Return of Capital | Foreign Income | Foreign Tax Paid | Total Distr. Per unit for Tax Purpose |
|---|---|---|---|---|---|---|---|---|
| 2020 | – | – | 0.11 | – | – | – | – | 0.11 |