Key stats
About RBC CANADIAN DISCOUNT BOND ETF
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Inception date
Jun 13, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
RBC Global Asset Management, Inc.
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate63.00%
Government36.79%
Cash0.21%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RCDB invests in bonds. The fund's major sectors are Corporate, with 63.00% stocks, and Government, with 36.79% of the basket. The assets are mostly located in the North America region.
RCDB top holdings are Canada Treasury Bonds 1.0% 01-JUN-2027 and Canada Treasury Bonds 2.0% 01-JUN-2028, occupying 7.44% and 4.45% of the portfolio correspondingly.
RCDB assets under management is 1.20 B CAD. It's risen 0.81% over the last month.
RCDB fund flows account for 43.68 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, RCDB doesn't pay dividends to its holders.
RCDB shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Jun 13, 2019, and its management style is Active.
RCDB expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
RCDB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RCDB invests in bonds.
RCDB price has risen by 0.05% over the last month, and its yearly performance shows a 3.69% increase. See more dynamics on RCDB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.09% over the last month, showed a 0.88% increase in three-month performance and has increased by 5.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.09% over the last month, showed a 0.88% increase in three-month performance and has increased by 5.74% in a year.
RCDB trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.