Key stats
About RBC TARGET 2029 CANADIAN GOVERNMENT CAD UNIT
Home page
Inception date
May 10, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
RBC Global Asset Management, Inc.
The fund is a held-to-maturity portfolio that aims to provide income by actively investing in investment grade, Canadian government bonds with effective maturities in 2029. It is designed for investors with low-risk appetites who can accept fluctuations in the value of their investment. Each bond is assessed and selected for its term and yield to maturity, credit quality, issue size, liquidity, and overall emphasis on issuer diversification. The funds maturity date will be on or about September 30, 2029. RGQR will voluntarily delist from the TSX in advance of its termination date, and upon maturity, it will dissolve and return all capital to investors.
Classification
What's in the fund
Exposure type
Government
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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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.
RGQR trades at 20.26 CAD today, its price has fallen −0.15% in the past 24 hours. Track more dynamics on RGQR price chart.
RGQR net asset value is 20.25 today — it's fallen 0.06% 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.
RGQR assets under management is 72.98 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.
RGQR price has fallen by −0.69% over the last month, and its yearly performance shows a 4.06% increase. See more dynamics on RGQR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 0.45% increase in three-month performance and has increased by 7.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 0.45% increase in three-month performance and has increased by 7.23% in a year.
RGQR fund flows account for 20.25 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.
RGQR invests in bonds. See more details in our Analysis section.
RGQR expense ratio is 0.19%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RGQR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RGQR technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RGQR shows the neutral signal. See more of RGQR technicals for a more comprehensive analysis.
Today, RGQR technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RGQR shows the neutral signal. See more of RGQR technicals for a more comprehensive analysis.
Yes, RGQR pays dividends to its holders with the dividend yield of 2.97%.
RGQR trades at a premium (0.06%).
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.
RGQR shares are issued by Royal Bank of Canada
RGQR 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 May 10, 2023.
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.