RBC Target 2019 Corporate Bond Index ETF

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Investment Objective

Provide income, for a limited period of time ending on the RBC Target 2019 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 2019 Corporate Bond Index ETF’s fees and expenses, of the FTSE TMX Canada 2019 Maturity Corporate Bond Index™.

Fund Information

Ticker Symbol: RQG
Exchange: TSX
Assets ($mm): 138.38
Units Outstanding: 7,250,000
Mgmt. Fee**: 0.25
2017 MER*: 0.28
CUSIP: 74931G103
Income Distribution: Monthly
Capital Gains Distribution: Annually
Index: FTSE TMX Canada 2019 Maturity Corporate Bond Index™
Inception Date: Sep, 2011
Maturity Date: Nov, 2019
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Prices

Fund Market Price
(as of June 19, 2018)
Closing Price 19.09
Change ($) 0.02
Change (%) 0.10
Market 52 Week High 19.77
Market 52 Week Low 19.02
Volume 3,700
Fund Net Asset Value
(as of June 19, 2018)
NAV Price 19.09
Change ($) 0.01
Change (%) 0.03
NAV per Share 52 Week High 19.75
NAV per Share 52 Week Low 19.03
   


Performance Analysis

(as of May 31, 2018)
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV 0.63% 0.16% 0.38% 0.42% 0.23% 1.35% 2.57% 3.46%


Portfolio Analysis

 (as of June 19, 2018)
Yield to Maturity
Yield to Maturity

 Portfolio Characteristics (as of June 19, 2018)
Weighted Average Credit Rating A
Weighted Average Yield to Maturity (%)* 2.37
Weighted Average Current Yield (%)* 4.21
Weighted Average Coupon (%)* 4.38
Par Value per Unit 18.34
Weighted Average Duration 1.12
*Gross Of MER

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


Sector Breakdown
(as of May 31, 2018)


Underlying Holdings  (as of June 19, 2018) % Assets
NATIONAL BANK OF CANADA 2.404% 2019/10/28 10.1
BANK OF NOVA SCOTIA 3.036% 2019/10/18 9.8
WELLS FARGO CANADA CORP 2.944% 2019/07/25 9.8
SHAW COMMUNICATIONS INC 5.65% 2019/10/01 8.7
BROOKFIELD ASSET MANAGEMENT INC 3.95% 2019/04/09 8.2
ENBRIDGE INC 4.77% 2019/09/02 5.5
IGM FINANCIAL INC 7.35% 2019/04/08 5.1
ROYAL BANK OF CANADA 2.98% 2019/05/07 5.0
ROYAL BANK OF CANADA 2.99% 2019/12/06 4.7
CU INC 6.8% 2019/08/13 4.2
 
Top Holdings (% of Portfolio) 71.1%
Total Number of Holdings 21
The bonds held in this portfolio all have an effective maturity date of 2019 as determined in accordance with a rules-based methodology developed by PC-Bond.


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 0.063 0.063
Feb, 2018 02/21/2018 02/22/2018 02/28/2018 0.057 0.057
Mar, 2018 03/22/2018 03/23/2018 03/29/2018 0.056 0.056
Apr, 2018 04/22/2018 04/23/2018 04/30/2018 0.053 0.053
May, 2018 05/23/2018 05/24/2018 05/31/2018 0.050 0.050
Jun, 2018 06/22/2018 06/25/2018 06/29/2018 0.060 0.060
Year to Date   0.339 0.339

Notes:

** The RBC Target 2018 Corporate Bond Index ETF had its management fee reduced to 0.20% effective Jan. 1, 2018 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.

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.