Guardian Capital launches funds tied to maturities of Canadian IG bonds

Chicago, Jan. 9 – Guardian Capital LP launched a new suite of funds with investment objectives linked to the maturity dates of Canadian-dollar denominated investment-grade bonds, according to a press release.

The five new funds are the GuardBonds 2024 Investment Grade Bond Fund, ETF Units (NEO: GBFA), GuardBonds 2025 Investment Grade Bond Fund, ETF Units (NEO: GBFB), GuardBonds 2026 Investment Grade Bond Fund, ETF Units (NEO: GBFC), GuardBonds 2024 Investment Grade Bond Fund, ETF Units (NEO: GBFD) and GuardBonds 1-3 Year Laddered Investment Grade Bond Fund, ETF Units (NEO: GBLF).

The year in the name of each fund is a reference to the effective maturity dates of the bonds that will be in the portfolio of that fund. The fifth fund, the laddered fund will provide exposure to a portfolio consisting primarily of Canadian-dollar denominated investment-grade bonds, segmented into three groupings with maturities from one to three years that will provide regular income. The termination dates for the first four funds are in November of the relevant year.

Guardian Capital is a wholly owned subsidiary of Guardian Capital Group Ltd., a global investment management company servicing institutional, retail and private clients through its subsidiaries.

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