TSX:CHB (iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged))

The investment objective of the Fund is to replicate, to the extent possible, the performance of the Bloomberg US High Yield Very Liquid Index CAD hedged the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.Areplicating strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a portfolio of index securities in substantially the same proportions as they are represented in the Index.