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): 23.70
Units Outstanding: 1,300,000
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 November 20, 2018)
Closing Price 18.25
Change ($) -0.15
Change (%) -0.82
Market 52 Week High 20.22
Market 52 Week Low 18.35
Volume 700
Fund Net Asset Value
(as of November 20, 2018)
NAV Price 18.23
Change ($) -0.09
Change (%) -0.49
NAV per Share 52 Week High 20.18
NAV per Share 52 Week Low 18.23
   


Performance Analysis

(as of October 31, 2018)
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV -2.24% -1.26% -1.36% -1.74% -1.84% -1.21%


Portfolio Analysis

 (as of November 20, 2018)
Number of Securities 104
Weighted Average Yield to Maturity (%)* 5.99
Weighted Average Current Yield (%)* 5.11
Weighted Average Coupon (%)* 5.36
Weighted Average Duration 5.26
Weighted Average Credit Rating BBB
*Gross Of MER

Credit Ratings Distribution/Breakdown
(as of September 30, 2018)


Sector Breakdown
(as of September 30, 2018)


Underlying Holdings  (as of November 20, 2018) % Assets
EURO
US DOLLAR
CREDIT AGRICOLE SA 7.5% 2099/12/31 1.6
ORSTED A/S 6.25% JUN 26, 3013 1.5
BARCLAYS PLC 7.25% JAN , 1 1.5
SCANIA CV AB 1.875% JUN 28, 2022 1.5
JERROLD FINCO PLC 6.125% JAN 15, 2024 1.5
MILLER HOMES GROUP HOLDINGS PLC 5.5% 2023/10/15 1.5
VIRIDIAN GROUP FINANCECO PLC / VIRIDIAN POWER & ENERGY 4.75% SEP 15, 2024 1.5
VOLVO TREASURY AB 4.85% MAR 10, 2078 1.5
 
Top Holdings (% of Portfolio) 12.1%
Total Number of Holdings 104


Distributions & Tax Information

Distributions for Year: 2018
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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, 2018 01-24-2018 01-25-2018 01-31-2018 0.052 0.052
Feb, 2018 02-21-2018 02-22-2018 02-28-2018 0.052 0.052
Mar, 2018 03-22-2018 03-23-2018 03-29-2018 0.058 0.058
Apr, 2018 04-22-2018 04-23-2018 04-30-2018 0.057 0.057
May, 2018 05-23-2018 05-24-2018 05-31-2018 0.055 0.055
Jun, 2018 06-22-2018 06-25-2018 06-29-2018 0.050 0.050
Jul, 2018 07-24-2018 07-25-2018 07-31-2018 0.053 0.053
Aug, 2018 08-24-2018 08-27-2018 08-31-2018 0.055 0.055
Sep, 2018 09-21-2018 09-24-2018 09-28-2018 0.052 0.052
Oct, 2018 10-24-2018 10-25-2018 10-31-2018 0.057 0.057
Nov, 2018 11-23-2018 11-26-2018 11-30-2018 0.063 0.063
Year to Date   0.604 0.604

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.