Key stats
About RBC AAA CLO (CAD HEDGED) ETF
Home page
Inception date
Apr 25, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
RBC Global Asset Management, Inc.
The RBC ETF seeks to provide a high level of current income while preserving capital by investing primarily in a diversified portfolio of high-quality AAA rated collateralized loan obligations (CLOs), while seeking to minimize the exposure to currency fluctuations between foreign currencies and the Canadian dollar
Classification
What's in the fund
Exposure type
Securitized
Cash
Bonds, Cash & Other100.00%
Securitized86.19%
Cash13.81%
Top 10 holdings
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RCLO trades at 20.02 CAD today, its price has risen 0.15% in the past 24 hours. Track more dynamics on RCLO price chart.
RCLO net asset value is 20.03 today — it's risen 0.49% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RCLO assets under management is 37.03 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RCLO fund flows account for 36.00 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RCLO invests in bonds. See more details in our Analysis section.
No, RCLO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, RCLO doesn't pay dividends to its holders.
RCLO trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RCLO shares are issued by Royal Bank of Canada
RCLO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 25, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.