The fund holds investment-grade Canadian corporate bonds. The index consists of CAD-denominated bonds with a credit rating of A, AA or AAA. Eligible securities are semi-annual pay, fixed rate bonds with 1-10 years until maturity. The index is market-value-weighted and undergoes daily rebalancing. The fund aims to hold fixed income securities in the same proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics.