- Analysis
- Barani Krishnan
- 3
iShares ESG Aware Canadian Short Term Bond Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. It is co-managed by BlackRock Institutional Trust Company, N.A. The fund invests in the fixed income markets of Canada. It invests in the investment grade bonds with maturity ranging between 1 and 5 years. The Fund invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the Bloomberg MSCI 1-5 Year Canadian Aggregate ESG Focus Index, by using representation sampling technique. The fund does not invest in the stocks of companies involved with tobacco, entities involved with controversial weapons, producers and retailers of civilian firearms, as well as entities involved in very severe business controversies. iShares ESG Aware Canadian Short Term Bond Index ETF was formed on March 18, 2019 and is domiciled in Canada.