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XSC seeks to generate income for Unitholders by investing primarily in securities of one or more iShares ETFs that provide exposure to Canadian and international fixed income securities, including government bonds, investment grade corporate bonds, high yield securities, emerging market debt and other types of fixed income investments, while adhering to certain portfolio constraints upon rebalancing. In seeking to generate income, XSC will, upon rebalancing, generally: (i) limit its total exposure to high yield securities to 25% of its portfolio; and, (ii) limit its exposure to interest rate risk by maintaining a portfolio duration of less than five years. Exposure to these types of fixed income investments may also be obtained by investing directly in them and/or through the use of derivatives. XSC seeks to hedge any resulting U.S. dollar or other foreign currency exposure, as applicable, back to Canadian dollars.