BlackRock Asset Management Canada, an indirect, wholly owned subsidiary of BlackRock, has launched two new IShares exchange-traded funds (ETFs). The new funds are IShares DEX Short Term Corporate Universe + Maple Bond Index Fund (XSH) and the IShares S&P/TSX Venture Index Fund (XVX). The XSH seeks to offer investors with a regular stream of income. The XVX is the first ETF in Canada to offer exposure exclusively to securities listed on the TSX Venture Exchange. The products will start trading on the Toronto Stock Exchange.
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