RBC 1-5 YEAR LADDERED CND BOND ETF UNIT ETFRBC 1-5 YEAR LADDERED CND BOND ETF UNIT ETFRBC 1-5 YEAR LADDERED CND BOND ETF UNIT ETF

RBC 1-5 YEAR LADDERED CND BOND ETF UNIT ETF

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Key stats

Assets under management (AUM)
‪118.30 M‬CAD
Fund flows (1Y)
‪−9.73 M‬CAD
Dividend yield (indicated)
2.64%
Discount/Premium to NAV
0.03%

About RBC 1-5 YEAR LADDERED CND BOND ETF UNIT ETF

Issuer
Royal Bank of Canada
Brand
RBC
Expense ratio
0.27%
Inception date
Jan 25, 2016
Index tracked
No Underlying Index
Management style
Active
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

Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Broad credit
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.99%
Cash0.01%
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