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Personal Investors > Exchange Traded Funds > Prices and Performance > RBC Target 2015 Corporate Bond Index ETF

RBC Target 2015 Corporate Bond Index ETF

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Investment Objective

Provide income, for a limited period of time ending on the RBC Target 2015 Corporate Bond Index ETF termination date, by replicating, to the extent possible, the investment results that correspond generally to the performance, before the RBC Target 2015 Corporate Bond Index ETF’s fees and expenses, of the DEX 2015 Maturity Canadian Corporate Bond Index

 

Prices

Fund Market Price
(as of June 18, 2013)
Closing Price 19.86
Change ($) 0.01
Change (%) 0.05
Market 52 Week High 20.05
Market 52 Week Low 19.80
Volume 4,500.00
Fund Net Asset Value
(as of June 18, 2013)
NAV Price 19.78
Change ($) 0.00
Change (%) -0.01
NAV per Share 52 Week High 19.98
NAV per Share 52 Week Low 19.77
   

 

Portfolio Analysis

 Yield to Maturity 
Yield to Maturity
The Government of Canada Yield to Maturities are from the following bonds: 2013 - Government of Canada 1 Nov 2013; 2014 - Government of Canada 1 Dec 2014; 2015 - Government of Canada 1 Dec 2015; 2016 - Government of Canada 1 Sept 2016; 2017 - Government of Canada 1 Jun 2017; 2018 - Government of Canada 1 Jun 2018; 2019 - Government of Canada 1 Jun 2019; 2020 - Government of Canada 1 Jun 2020; 2021 - Government of Canada 1 Jun 2021.

 Portfolio Characteristics (as of  June 18, 2013)
Number of Securities 46
Par Value per Unit 18.73
Weighted Average Yield to Maturity (%)* 1.82
Weighted Average Current Yield (%)* 3.96
Weighted Average Coupon (%)* 4.19
Weighted Average Duration 2.04
Weighted Average Credit Rating A
*Gross Of MER

 Credit Ratings Distribution/Breakdown
Credit Ratings Distribution/Breakdown
Category % Assets
 
  AAA		 2.96%
 
  AA		 23.85%
 
  A		 49.23%
 
  BBB		 23.96%
as of  May 31, 2013
Industry Sector
Distribution/Breakdown
Industry Sector Breakdown
Category % Assets
 
  Financial		 73.50%
 
  Communication		 8.78%
 
  Industrial		 6.97%
 
  Infrastructure		 6.34%
 
  Energy		 4.42%
as of  May 31, 2013

Top Holdings % Assets
ROYAL BANK OF CANADA 3.18% 02NOV20 5.1
CANADIAN IMPERIAL BANK OF COMMERCE/CANADA 3.15% 02NOV20 4.6
BANK OF MONTREAL 3.93% 27APR15 4.4
CANADIAN IMPERIAL BANK OF COMMERCE/CANADA 4.11% 30APR20 3.6
WELLS FARGO CANADA CORP 4.38% 30JUN15 3.6
BELL CANADA 3.60% 02DEC15 3.5
BANK OF NOVA SCOTIA 3.34% 25MAR15 3.5
TORONTO-DOMINION BANK 3.37% 02NOV20 3.5
MANULIFE FINANCIAL CORP 4.08% 20AUG15 3.2
NATIONAL BANK OF CANADA 4.03% 26MAY15 3.2
ExpandSee all holdings
Top Holdings (% of Portfolio) 38.1%
Total Number of Holdings 46
The bonds held in this portfolio all have an effective maturity date of 2015 as determined in accordance with a rules-based methodology developed by PC-Bond.

 

Performance Analysis as of May 31, 2013


  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since
Incep
Market Price 1.49% -0.18% 0.07% 0.96% 3.07% – – 3.30%
NAV 1.20% -0.12% 0.32% 1.28% 3.34% – – 3.48%

 

Distributions & Tax Information

Distributions for Year: 2013
Choose distribution year: Go
Distr.
Period		 Ex-Dividend Date Record Date Pay Date Cash Distr. Per Unit Reinvested Distr. Per Unit1 Total Distr. Per Unit2
Jan, 2013 01/23/2013 01/25/2013 01/31/2013 0.05500 0.00000 0.05500
Feb, 2013 02/20/2013 02/22/2013 02/28/2013 0.05500 0.00000 0.05500
Mar, 2013 03/20/2013 03/22/2013 03/28/2013 0.05500 0.00000 0.05500
Apr, 2013 04/22/2013 04/24/2013 04/30/2013 0.05500 0.00000 0.05500
May, 2013 05/22/2013 05/24/2013 05/31/2013 0.05500 0.00000 0.05500
Jun, 2013 06/20/2013 06/24/2013 06/28/2013 0.05500 0.00000 0.05500
Year to Date 0.33000 0.00000 0.33000
1 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.  

2 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.
 

Fund Info & Commentaries

 
 

Fund Information

Ticker Symbol: RQC
Exchange: TSX
Net Assets ($mm): 20.60
Units Outstanding: 1,041,179
Mgmt Fee: 0.30
MER* 0.34
CUSIP: 74931C102

 
Income Distribution: Monthly
Capital Gains Distribution: Annually

 
Index: DEX 2015 Maturity Canadian Corporate Bond Index
Inception Date: Sep, 2011
Maturity Date: Nov, 2015

 
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs

 
 

Notes

MER (%) based on actual expenses from January 1 to December 31, 2012.

 
 

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