(November 3 – 13:50 ET) – Barclays Global Investors Canada has filed a final prospectus for its exchange-traded bond funds. The new ETFs should commence trading November 9.

The iUnits Government of Canada 5-year Bond Fund and the iUnits Government of Canada 10-Year Bond Fund will be known as the iG5s and iG10s respectively.

The idea behind the iG5 Fund is to replicate the return of a bond issued by the Government of Canada with a five year term to maturity. The fund’s managers will invest in government bonds and in bond futures contracts in order to provide market exposure for cash held by the iG5 Fund. Similarly, the iG10 Fund will replicate the return 10-year bonds. BGI charges a 25 basis point trustee fee on the funds.

Barclays has a slew of sector-based ETFs in the hopper too. The i60Cs, which will track the new S&P/TSE 60 Capped Index, thereby, limiting Nortel exposure, as well as ETFs based on the new S&P/TSE indexes tracking mid-cap stocks, energy, information technology, gold and financials.

These funds will be known variously as the i60Cs, iMidCaps, iEnergys, iITs, iGolds, and iFins.
-IE Staff