iShares Core Balanced ETF Portfolio (TSX:XBAL)

iShares Core Balanced ETF Portfolio is an exchange traded fund of fund launched and managed by BlackRock Asset Management Canada Limited. The fund is co-managed by BlackRock Institutional Trust Company, N.A. It invests in funds that invest in the public equity and fixed income markets across the globe. For its equity portion, the fund invests in funds that invest in the stocks of companies operating across diversified sectors. It invests in funds that invest in dividend-paying stocks of companies across all market capitalizations. For its fixed income portion, the fund invests in funds that invest in government and corporate securities, convertible bonds, and preferred shares. It seeks to replicate the performance of the Sabrient Global Balanced Income Index, by investing in the securities as per their weightings in the index. iShares Core Balanced ETF Portfolio was formed on April 5, 2007 and is domiciled in Canada