RBC Canadian Bank Yield Index ETF

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Investment Objective

RBC Canadian Bank Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a portfolio of Canadian bank stocks. Currently, the RBC Canadian Bank Yield Index ETF seeks to track the Solactive Canada Bank Yield Index (or any successor thereto). The investment strategy of the RBC Canadian Bank Yield Index ETF is to invest in and hold the Constituent Securities (as defined herein) of the Solactive Canada Bank Yield Index in substantially the same proportion as they are reflected in the Solactive Canada Bank Yield Index.

Fund Information

Ticker Symbol: RBNK
Exchange: TSX
Assets ($mm): 36.67
Units Outstanding: 1,800,000
Mgmt. Fee: 0.29
2017 MER: 0.34
CUSIP: 75525D109
Income Distribution: Monthly
Capital Gains Distribution: Annually
Index: Solactive Canada Bank Yield Index
Inception Date: Oct, 2017
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Prices

Fund Market Price
(as of July 19, 2018)
Closing Price 20.38
Change ($) 0.01
Change (%) 0.05
Market 52 Week High 21.40
Market 52 Week Low 19.40
Volume 5,041
Fund Net Asset Value
(as of July 19, 2018)
NAV Price 20.37
Change ($) 0.01
Change (%) 0.06
NAV per Share 52 Week High 21.31
NAV per Share 52 Week Low 19.41
   


Performance Analysis

(as of June 30, 2018) 1
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV 2.06%


Portfolio Analysis

 (as of July 19, 2018)
Number of Securities 6
Weighted Average Dividend Yield (%)
Weighted Average Price to Earnings 11.45
Weighted Average Price to Book 1.79
Weighted Average Market Cap ($MM) 80,782
Weighted Average Beta 0.92

Sector Breakdown
(as of June 30, 2018)


Industry Breakdown
(as of June 30, 2018)


Underlying Holdings  (as of July 19, 2018) % Assets
CANADIAN IMPERIAL BANK OF COMMERCE 25.3
BANK OF NOVA SCOTIA/THE 23.6
ROYAL BANK OF CANADA 16.9
NATIONAL BANK OF CANADA 16.9
BANK OF MONTREAL 8.7
TORONTO-DOMINION BANK/THE 8.6
CANADIAN DOLLAR
Top Holdings (% of Portfolio) 100.0%
Total Number of Holdings 6


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 0.060 0.060
Feb, 2018 02/21/2018 02/22/2018 02/28/2018 0.064 0.064
Mar, 2018 03/22/2018 03/23/2018 03/29/2018 0.068 0.068
Apr, 2018 04/22/2018 04/23/2018 04/30/2018 0.064 0.064
May, 2018 05/23/2018 05/24/2018 05/31/2018 0.069 0.069
Jun, 2018 06/22/2018 06/25/2018 06/29/2018 0.063 0.063
Year to Date   0.388 0.388

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.

Securities regulations do not allow us to report performance, including yield, for an exchange-traded fund that has been available for less than one year.

† 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.