RBC U.S. Banks Yield Index ETF

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Investment Objective

RBC U.S. Banks Yield Index ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a U.S. bank stocks index. Currently, the ETF seeks to track the Solactive U.S. Banks Yield Index.

Fund Information

Ticker Symbol: RUBY
Exchange: TSX
Assets ($mm): 18.34
Units Outstanding: 900,000
Mgmt. Fee: 0.29

CUSIP: 75528P109
Income Distribution: Monthly
Capital Gains Distribution: Annually
Index: Solactive U.S. Banks Yield Index
Inception Date: May, 2018
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Prices

Fund Market Price
(as of September 19, 2018)
Closing Price 20.37
Change ($) 0.29
Change (%) 1.44
Market 52 Week High 20.92
Market 52 Week Low 18.41
Volume 6,600
Fund Net Asset Value
(as of September 19, 2018)
NAV Price 20.38
Change ($) 0.31
Change (%) 1.53
NAV per Share 52 Week High 20.95
NAV per Share 52 Week Low 19.36
   


Performance Analysis

(as of August 31, 2018) 1
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV


Portfolio Analysis

 (as of September 19, 2018)
Number of Securities 21
Weighted Average Dividend Yield (%)
Weighted Average Price to Earnings 12.81
Weighted Average Price to Book 1.40
Weighted Average Market Cap ($MM) 94,355
Weighted Average Beta 1.31

Industry Breakdown
(as of August 31, 2018)


Underlying Holdings  (as of September 19, 2018) % Assets
SYNCHRONY FINANCIAL 8.1
REGIONS FINANCIAL CORP 7.2
PRUDENTIAL FINANCIAL INC 7.1
CITIZENS FINANCIAL GROUP INC 7.1
BB&T CORP 7.0
KEYCORP 6.8
WELLS FARGO & CO 6.8
DISCOVER FINANCIAL SERVICES 5.2
US BANCORP 4.8
CITIGROUP INC 4.8
 
Top Holdings (% of Portfolio) 65.0%
Total Number of Holdings 21


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††
Jun, 2018 06-22-2018 06-25-2018 06-29-2018 0.023 0.023
Jul, 2018 07-24-2018 07-25-2018 07-31-2018 0.023 0.023
Aug, 2018 08-24-2018 08-27-2018 08-31-2018 0.025 0.025
Sep, 2018 09-21-2018 09-24-2018 09-28-2018 0.024 0.024
Year to Date   0.095 0.095

† 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.

The RBC ETFs referred to herein have been developed solely by RBC GAM.

Solactive Canada Bank Yield Index, Solactive U.S. Banks Yield Index and Solactive U.S. Banks Yield (CAD Hedged) Index are calculated and published by Solactive AG. The RBC ETF referred to herein is not sponsored, promoted, sold or supported by Solactive AG. Solactive AG does not offer any express or implicit guarantee or assurance regarding the results to be obtained from the use of the index or index price nor does Solactive AG make any representation regarding the advisability of investing in the ETF.