RBC BlueBay Global Diversified Income (CAD Hedged) ETF

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Investment Objective

RBC BlueBay Global Diversified Income (CAD Hedged) ETF seeks to provide unitholders with exposure to the performance of a diversified portfolio of global bonds that provide regular monthly income and total returns comprised of interest income and modest capital appreciation, while seeking to minimize the exposure to currency fluctuations between foreign currencies and the Canadian dollar.

Fund Information

Ticker Symbol: RBDI
Exchange: TSX
Assets ($mm): 14.68
Units Outstanding: 800,000
Mgmt. Fee**: 0.60
MER*: 0.71
CUSIP: 74933Y102
Income Distribution: Monthly
Capital Gains Distribution: Annually
Inception Date: Oct, 2017
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Prices

Fund Market Price
(as of January 21, 2019)
Closing Price 18.37
Change ($) 0.00
Change (%) 0.00
Market 52 Week High 19.72
Market 52 Week Low 17.92
Volume 0
Fund Net Asset Value
(as of January 21, 2019)
NAV Price 18.35
Change ($) 0.00
Change (%) 0.03
NAV per Share 52 Week High 19.67
NAV per Share 52 Week Low 17.94
   


Performance Analysis

(as of December 31, 2018)
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV -3.56% 0.09% -2.60% -1.06% -3.56% -2.17%


Portfolio Analysis

 (as of January 21, 2019)
Number of Securities 60
Weighted Average Yield to Maturity (%)* 5.2
Weighted Average Current Yield (%)* 4.87
Weighted Average Coupon (%)* 5.25
Weighted Average Duration 3.99
Weighted Average Credit Rating A
*Gross Of MER

Credit Ratings Distribution/Breakdown
(as of December 31, 2018)


Sector Breakdown
(as of December 31, 2018)


Underlying Holdings  (as of January 21, 2019) % Assets
CANADIAN GOVERNMENT BOND 0.75% SEP 01, 2021 8.5
CANADIAN DOLLAR
CREDIT AGRICOLE SA 7.5% JUN 23, 2167 2.7
BARCLAYS PLC 7.25% JUN 15, 2167 2.6
UNICREDIT SPA 9.25% JUN 03, 2167 2.4
VIRIDIAN GROUP FINANCECO PLC / VIRIDIAN POWER & ENERGY 4.75% SEP 15, 2024 2.4
INTESA SANPAOLO SPA 7.75% JUL 11, 2167 2.3
TOTAL SA 2.708% MAY 05, 2167 2.3
ALGECO GLOBAL FINANCE PLC 6.5% FEB 15, 2023 2.2
COOPERATIEVE RABOBANK UA 4.625% DEC 29, 2167 2.2
 
Top Holdings (% of Portfolio) 27.7%
Total Number of Holdings 60


Distributions & Tax Information

Distributions for Year: 2019
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Distr. Period Ex-Dividend Date Record Date Pay Date Cash Distr. Per Unit Re-invested Distr. Per Unit Total Distr. Per Unit††
Jan, 2019 01-23-2019 01-24-2019 01-31-2019 0.052 0.052
Year to Date   0.052 0.052

Notes:

Securities regulations do not allow us to report performance for an exchange-traded fund that has been available for less than one year. This fund was launched October 19, 2017.

† Distributions by the RBC ETF that are not paid in cash but result in additional units of the RBC ETF. These distributions should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

†† The exact tax treatment of the distributions for a calendar year is calculated after the RBC ETF's tax year-end. As a result, investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus or Fund Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns. RBC ETFs are managed by RBC Global Asset Management Inc., an indirect wholly-owned subsidiary of Royal Bank of Canada. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, commission charges or income taxes payable by any unitholder that would have reduced returns.