Key stats
About RBC 1-5 YEAR LADDERED CND BOND ETF UNIT ETF
Home page
Inception date
Jan 25, 2016
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 combines active management with a laddered strategy to provide diversified exposure to the Canadian bond market. The fund invests equally in five sub-portfolios that gain at least 30% exposure to government bonds and at most 70% to corporate bonds. The fund adviser selects government bonds based on term to maturity, credit quality, yield to maturity, and issuer diversification. Meanwhile, the fund gets its corporate bond exposure by investing in RBC Target Maturity Corporate Bond ETFs. Each sub-portfolio has one to five years remaining term to maturity. To maintain the one-to-five-year ladder structure, the fund rolls each nearest-term sub-portfolio into a new five-year sub-portfolio at the end of each year. The portfolio is rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
ETF
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.
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.
RLB trades at 18.82 CAD today, its price has fallen −0.16% in the past 24 hours. Track more dynamics on RLB price chart.
RLB net asset value is 18.79 today — it's risen 0.41% 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.
RLB assets under management is 121.45 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.
RLB price has risen by 0.11% over the last month, and its yearly performance shows a 3.24% increase. See more dynamics on RLB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.41% over the last month, showed a 0.72% increase in three-month performance and has increased by 6.79% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.41% over the last month, showed a 0.72% increase in three-month performance and has increased by 6.79% in a year.
RLB fund flows account for −645.68 K 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.
RLB invests in funds. See more details in our Analysis section.
RLB expense ratio is 0.27%. 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, RLB 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, RLB technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RLB shows the buy signal. See more of RLB technicals for a more comprehensive analysis.
Today, RLB technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RLB shows the buy signal. See more of RLB technicals for a more comprehensive analysis.
Yes, RLB pays dividends to its holders with the dividend yield of 3.20%.
RLB trades at a premium (0.14%).
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.
RLB shares are issued by Royal Bank of Canada
RLB 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 Jan 25, 2016.
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.