In response to the increasing popularity of exchange-traded-funds, two firms are about to introduce two variations of the product.

Barclays Global Investors Canada of Toronto has just filed with the Ontario Securities Commission to offer two bond exchange-traded funds based on the five-year and the ten-year benchmark Government of Canada bonds. Borrowing from the name of the 56 iShares of Barclays Global Investors of San Francisco, the Canadian firm is calling the products iUnits.

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