Index roundup: Solactive launches Canada investment grade bond index

German index provider Solactive has launched the Solactive Canadian Bond Universe TR Index that will track the performance of Canadian dollar denominated investment grade government and corporate bonds issued in Canada. The new index can be used to evaluate the performance of portfolios or can serve as a starting universe for smart beta indices and active strategies, while it can also constitute the basis for index-linked financial products such as exchange-traded funds (ETFs) and structured pro