Corporate debt comes in a wide range of flavors for investors with different risk profiles. For longer-term investors who wish to manage risk levels and obtain a reasonably yield, the iShares Intermediate-Term Corporate Bond ETF (IGIB) is an excellent way to do so.
This ETF contains an index of U.S.-denominated bonds which are investment grade and have medium-term maturities (i.e., between five and 10 years).
The fund also happens to be weighted by market capitalization, meaning more bonds from larger companies are included in the ETF (bonds which are, by definition, more liquid and have lower transaction fees involved), lowering the overall MER of IGIB to 0.06% - a steal, given the fact this ETF carries the lowest MER among its peers for a comparable product.
Invest wisely, my friends.