Key stats
About RBC TARGET 2030 CANADIAN CORPORATE UNITS CAD ETF
Home page
Inception date
Apr 24, 2024
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 is a held-to-maturity portfolio that aims to provide income by replicating the performance of the FTSE Canada 2030 Maturity Corporate Bond Index. The index is primarily composed of Canadian dollar-denominated, corporate bonds with effective maturities in 2030. Each bond must be rated BBB or higher, and must not exceed 10% weight in the index. The funds' maturity date will be on or about September 30, 2030. The fund will voluntarily delist from the TSX in advance of its termination date, and upon maturity, it will dissolve and return all capital to investors. The index is rebalanced semi-annually, except in the maturity year.
Classification
What's in the fund
Exposure type
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.
RQS trades at 21.31 CAD today, its price has fallen −0.09% in the past 24 hours. Track more dynamics on RQS price chart.
RQS net asset value is 21.26 today — it's risen 0.72% 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.
RQS assets under management is 199.17 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.
RQS price has risen by 0.14% over the last month, and its yearly performance shows a 4.92% increase. See more dynamics on RQS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.72% over the last month, showed a 0.70% increase in three-month performance and has increased by 1.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.72% over the last month, showed a 0.70% increase in three-month performance and has increased by 1.87% in a year.
RQS fund flows account for 188.78 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.
RQS invests in bonds. See more details in our Analysis section.
No, RQS 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, RQS 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 RQS shows the neutral signal. See more of RQS technicals for a more comprehensive analysis.
Today, RQS 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 RQS shows the neutral signal. See more of RQS technicals for a more comprehensive analysis.
Yes, RQS pays dividends to its holders with the dividend yield of 3.40%.
RQS trades at a premium (0.22%).
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.
RQS shares are issued by Royal Bank of Canada
RQS follows the FTSE Canada 2030 Maturity Corporate Bond Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 24, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.