RBC TARGET 2030 CANADIAN GOVERNMENT UNITS CAD ETFRBC TARGET 2030 CANADIAN GOVERNMENT UNITS CAD ETFRBC TARGET 2030 CANADIAN GOVERNMENT UNITS CAD ETF

RBC TARGET 2030 CANADIAN GOVERNMENT UNITS CAD ETF

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Key stats

Assets under management (AUM)
‪7.09 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
2.38%
Discount/Premium to NAV
−0.3%

About RBC TARGET 2030 CANADIAN GOVERNMENT UNITS CAD ETF

Issuer
Royal Bank of Canada
Brand
RBC
Home page
Inception date
Apr 24, 2024
Index tracked
No Underlying Index
Management style
Active
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 2030. 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, 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.

Classification

Asset Class
Fixed income
Category
Government, treasury
Focus
Investment grade
Niche
Intermediate
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Bonds, Cash & Other100.00%
Government86.53%
Corporate13.38%
Cash0.09%