RBC CANADIAN DISCOUNT BOND ETFRBC CANADIAN DISCOUNT BOND ETFRBC CANADIAN DISCOUNT BOND ETF

RBC CANADIAN DISCOUNT BOND ETF

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Key stats


Assets under management (AUM)
‪1.20 B‬CAD
Fund flows (1Y)
‪132.06 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.2%

About RBC CANADIAN DISCOUNT BOND ETF


Issuer
Royal Bank of Canada
Brand
RBC
Expense ratio
0.17%
Home page
Inception date
Jun 13, 2019
Index tracked
No Underlying Index
Management style
Active
The fund seeks to provide regular income while preserving capital by holding short-term Canadian government and corporate bonds. The fund primarily invests in bonds trading below the weighted average price of the Canadian short-term bond universe, with a preference for discount bonds.The fund may hold USD-denominated loans and may invest in short-term, Canadian- or US-listed debt issued by the US government and foreign corporations. To select securities, the fund adviser uses a rules-based, proprietary process that considers key factors such as term to maturity, credit quality, yield to maturity, duration, and issuer diversification. The fund adviser also considers environmental, social, and governance (ESG) factors in the selection process.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
Bonds, Cash & Other
Corporate
Government
Bonds, Cash & Other100.00%
Corporate67.21%
Government32.71%
Cash0.08%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows