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BMO Real Return Bond Index ETF (ZRR)
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iShares Canadian Real Return Bond Index ETF (XRB)
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Mackenzie Financial Corporation (QTIP)
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BMO Short-Term US TIPS Index ETF (ZTIP.F)
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iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (XSTH)
Q: Hello 5i Team
I currently hold a Canada Real Return Bond (Canada Dec-21) in a RRSP account which matures December 01, 2021.
I would like to maintain my current exposure to Real Return Bonds, however from experience I find it very difficult to purchase Real Return Bonds from my discount broker.
I am looking at the following current Real Return Bond ETF:
XRB – MER = 0.39 % – Effective Duration 15.26 year – YTM 1.83 %
ZRR – MER = 0.28 % – Effective Duration 15.91 year – YTM 1.65 %
Three newer ETFs based on the US short term TIPS are as follows:
BMO Short-Term US TIPS Index ETF (Hedged Units) [ZTIP.F] – MER = 0.17 % – Effective Duration 2.65 year – YTM 0.24 %
iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) [XSTH] – MER = 0.15 % – Effective Duration 2.60 years – YTM 0.23 %
Mackenzie US TIPS Index ETF (CAD-Hedged) [QTIP] – MER = 0.17 % – Effective Duration 8.05 year – YTM 1.13 %
Which ETF would be a suitable replacement for my Canadian $ Real Return Bond maturing on December 01, 2021?
Thank you
I currently hold a Canada Real Return Bond (Canada Dec-21) in a RRSP account which matures December 01, 2021.
I would like to maintain my current exposure to Real Return Bonds, however from experience I find it very difficult to purchase Real Return Bonds from my discount broker.
I am looking at the following current Real Return Bond ETF:
XRB – MER = 0.39 % – Effective Duration 15.26 year – YTM 1.83 %
ZRR – MER = 0.28 % – Effective Duration 15.91 year – YTM 1.65 %
Three newer ETFs based on the US short term TIPS are as follows:
BMO Short-Term US TIPS Index ETF (Hedged Units) [ZTIP.F] – MER = 0.17 % – Effective Duration 2.65 year – YTM 0.24 %
iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) [XSTH] – MER = 0.15 % – Effective Duration 2.60 years – YTM 0.23 %
Mackenzie US TIPS Index ETF (CAD-Hedged) [QTIP] – MER = 0.17 % – Effective Duration 8.05 year – YTM 1.13 %
Which ETF would be a suitable replacement for my Canadian $ Real Return Bond maturing on December 01, 2021?
Thank you
