RBC Target 2020 Corporate Bond Index ETF

You are on: FUND INDIVIDUAL page

Select Another Fund:
Go

 

Investment Objective

Provide income, for a limited period of time ending on the RBC Target 2020 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 2020 Corporate Bond Index ETF’s fees and expenses, of the FTSE TMX Canada 2020 Maturity Corporate Bond Index™.

Fund Information

Ticker Symbol: RQH
Exchange: TSX
Assets ($mm): 127.04
Units Outstanding: 6,300,000
Mgmt. Fee**: 0.25
2017 MER*: 0.28
CUSIP: 74931H101
Income Distribution: Monthly
Capital Gains Distribution: Annually
Index: FTSE TMX Canada 2020 Maturity Corporate Bond Index™
Inception Date: Sep, 2011
Maturity Date: Nov, 2020
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Prices

Fund Market Price
(as of December 11, 2017)
Closing Price 20.18
Change ($) 0.00
Change (%) 0.00
Market 52 Week High 20.68
Market 52 Week Low 20.07
Volume 1,500
Fund Net Asset Value
(as of December 11, 2017)
NAV Price 20.17
Change ($) 0.00
Change (%) -0.02
NAV per Share 52 Week High 20.65
NAV per Share 52 Week Low 20.09
   


Performance Analysis

(as of November 30, 2017)
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV 1.10% 0.09% 0.32% -0.54% 0.99% 2.38% 2.82% 3.83%


Portfolio Analysis

 (as of December 11, 2017)
Yield to Maturity
Yield to Maturity

 Portfolio Characteristics (as of December 11, 2017)
Weighted Average Credit Rating A
Weighted Average Yield to Maturity (%)* 2.16
Weighted Average Current Yield (%)* 2.87
Weighted Average Coupon (%)* 2.95
Par Value per Unit 19.61
Weighted Average Duration 2.33
*Gross Of MER

Credit Ratings Distribution/Breakdown
(as of November 30, 2017)


Sector Breakdown
(as of November 30, 2017)


Underlying Holdings  (as of December 11, 2017) % Assets
ROYAL BANK CDA 1.920 JUL 17 20 7.6
CIBC 1.660 JAN 20 20 7.6
CAISSE CENTRALE DESJ 1.748 MAR 02 20 6.9
BANK NOVA SCOTIA 2.270 JAN 13 20 6.2
TD BANK 2.563 JUN 24 20 5.9
BANK MONTREAL 2.840 JUN 04 20 5.7
HSBC BANK CDA 2.938 JAN 14 20 5.5
NATIONAL BANK CDA 1.742 MAR 03 20 5.1
CAPITAL DESJARDINS 5.187 MAY 05 20 4.9
CANADIAN NAT RES LTD 2.050 JUN 01 20 4.6
 
Top Holdings (% of Portfolio) 59.9%
Total Number of Holdings 33
The bonds held in this portfolio all have an effective maturity date of 2020 as determined in accordance with a rules-based methodology developed by PC-Bond.


Distributions & Tax Information

Distributions for Year: 2017
Choose distribution year:
Go
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 0.046 0.046
Feb, 2017 02/22/2017 02/24/2017 02/28/2017 0.046 0.046
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 0.046 0.046
May, 2017 05/24/2017 05/26/2017 05/31/2017 0.046 0.046
Jun, 2017 06/22/2017 06/26/2017 06/30/2017 0.045 0.045
Jul, 2017 07/21/2017 07/25/2017 07/31/2017 0.045 0.045
Aug, 2017 08/22/2017 08/24/2017 08/31/2017 0.047 0.047
Sep, 2017 09/25/2017 09/26/2017 09/29/2017 0.045 0.045
Oct, 2017 10/24/2017 10/25/2017 10/31/2017 0.046 0.046
Nov, 2017 11/23/2017 11/24/2017 11/30/2017 0.046 0.046
Year to Date   0.504 0.504

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.