XHY.CA Profile & Description — iShares US High Yield Bond Index ETF (CAD-Hedged)
iShares U.S. High Yield Bond Index ETF (CAD-Hedged) is an open-end mutual fund. The Fund's investment objective is to provide income by replicating, to the extent possible, the performance of an index which is a diversified representation of the U.S. dollar-denominated high yield corporate bond market, net of expenses, and, to the extent possible, hedge any resulting U.S. dollar currency exposure back to Canadian dollars. Under normal market conditions, the Fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock or an affiliate and/or U.S. fixed income securities.