RBC Target 2017 Corporate Bond Index ETF

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Investment Objective

Provide income, for a limited period of time ending on the RBC Target 2017 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 2017 Corporate Bond Index ETF’s fees and expenses, of the FTSE TMX Canada 2017 Maturity Corporate Bond Index™.

Fund Information

Ticker Symbol: RQE
Exchange: TSX
Assets ($mm): 24.48
Units Outstanding: 1,300,000
Mgmt. Fee**: 0.20
2016 MER*: 0.28
CUSIP: 74931E108
Income Distribution: Monthly
Capital Gains Distribution: Annually
Index: FTSE TMX Canada 2017 Maturity Corporate Bond Index™
Inception Date: Sep, 2011
Maturity Date: Nov, 2017
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Prices

Fund Market Price
(as of October 19, 2017)
Closing Price 18.82
Change ($) 0.00
Change (%) 0.00
Market 52 Week High 19.24
Market 52 Week Low 18.80
Volume 3,700
Fund Net Asset Value
(as of October 19, 2017)
NAV Price 18.83
Change ($) 0.00
Change (%) 0.01
NAV per Share 52 Week High 19.22
NAV per Share 52 Week Low 18.82
   


Performance Analysis

(as of September 29, 2017)
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV 0.53% 0.04% 0.17% 0.30% 0.83% 1.58% 2.02% 2.74%


Portfolio Analysis

 (as of October 19, 2017)
Yield to Maturity
Yield to Maturity

 Portfolio Characteristics (as of October 19, 2017)
Weighted Average Credit Rating AA+
Weighted Average Yield to Maturity (%)* 0.95
Weighted Average Current Yield (%)* 0.71
Weighted Average Coupon (%)* 0.72
Par Value per Unit 18.77
Weighted Average Duration 0.09
*Gross Of MER

Credit Ratings Distribution/Breakdown
(as of September 29, 2017)


Sector Breakdown
(as of September 29, 2017)


Underlying Holdings  (as of October 19, 2017) % Assets
CANADA GOVT T-BILL NOV 16 17 81.9
TD BANK 5.763 DEC 18 2017 7.2
BANK MONTREAL 2.240 DEC 11 17 5.0
VW CR CDA INC 2.450 NOV 14 17 2.6
ALIMENTATION COUCHE 2.861 NOV 01 17 1.9
TORONTO HYDRO 5.150 NOV 14 17 1.4
CANADIAN DOLLAR
Top Holdings (% of Portfolio) 100.0%
Total Number of Holdings 6
The bonds held in this portfolio all have an effective maturity date of 2017 as determined in accordance with a rules-based methodology developed by PC-Bond.


Distributions & Tax Information

Distributions for Year: 2017
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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, 2017 01/23/2017 01/25/2017 01/31/2017 0.055 0.055
Feb, 2017 02/22/2017 02/24/2017 02/28/2017 0.047 0.047
Mar, 2017 03/22/2017 03/24/2017 03/31/2017 0.046 0.046
Apr, 2017 04/21/2017 04/25/2017 04/28/2017 0.040 0.040
May, 2017 05/24/2017 05/26/2017 05/31/2017 0.040 0.040
Jun, 2017 06/22/2017 06/26/2017 06/30/2017 0.030 0.030
Jul, 2017 07/21/2017 07/25/2017 07/31/2017 0.028 0.028
Aug, 2017 08/22/2017 08/24/2017 08/31/2017 0.019 0.019
Sep, 2017 09/25/2017 09/26/2017 09/29/2017 0.029 0.029
Oct, 2017 10/24/2017 10/25/2017 10/31/2017 0.025 0.025
Year to Date   0.359 0.359

Notes:

Management fees for RBC Target Maturity Corporate Bond ETFs were reduced from 0.30% to 0.25% on Jan. 15, 2014. The RBC Target 2017 Corporate Bond Index ETF had its management fee reduced to 0.20% effective Jan. 1, 2017 in accordance with its prospectus.

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.