RBC Short Term U.S. Corporate Bond ETF

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Investment Objective

RBC Short Term U.S. Corporate Bond ETF seeks to provide regular monthly income with the potential for modest capital growth by investing primarily in a well-diversified portfolio of short-term fixed-income securities issued in the U.S. market by U.S. and foreign corporations.

Fund Information

Ticker Symbol: RUSB
Exchange: TSX
Assets ($mm): 1.01
Units Outstanding: 50,000
Mgmt. Fee**: 0.35

CUSIP: 74934F102
Income Distribution: Monthly
Capital Gains Distribution: Annually
Inception Date: Oct, 2017
Registered Account Eligibility: RRSPs, RRIFs, RESPs, DPSPs and TFSAs


Prices

Fund Market Price
(as of November 16, 2017)
Closing Price 0.00
Change ($) 0.00
Change (%)
Market 52 Week High 0.00
Market 52 Week Low 0.00
Volume 0
Fund Net Asset Value
(as of November 16, 2017)
NAV Price 20.28
Change ($) -0.07
Change (%) -0.36
NAV per Share 52 Week High 20.60
NAV per Share 52 Week Low 19.91
   


Performance Analysis

(as of October 31, 2017) 1
  YTD 1Mo 3Mo 6Mo 1Yr 3Yr 5Yr Since Incep
NAV


Portfolio Analysis

 (as of November 16, 2017)
Number of Securities 99
Weighted Average Yield to Maturity (%)*
Weighted Average Current Yield (%)*
Weighted Average Coupon (%)* 3.37
Weighted Average Duration 2.78
Weighted Average Credit Rating BBB+
*Gross Of MER

Credit Ratings Distribution/Breakdown
(as of October 31, 2017)


Sector Breakdown
(as of October 31, 2017)


Underlying Holdings  (as of November 16, 2017) % Assets
WELLS FARGO CO MTN B 2.150 JAN 30 20 2.4
HSBC HLDGS PLC 5.100 APR 05 21 1.7
BANK AMER CORP 7.625 JUN 01 19 1.7
MORGAN STANLEY 5.500 JAN 26 20 RGD 1.7
COOPERATIEVE CENTRAL 4.500 JAN 11 21 1.7
JPMORGAN CHASE & CO 4.950 MAR 25 20 RGD 1.7
PNC FINANCIAL SERVI 4.375 AUG 11 20 1.7
AMERICAN TOWER CORP 3.400 FEB 15 19 1.6
VERIZON COMMUNICATIO 2.946 MAR 15 22 1.6
AMERICAN HONDA FINA 2.45 SEP 24 20 1.6
 
Top Holdings (% of Portfolio) 17.3%
Total Number of Holdings 99


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††
Nov, 2017 11/23/2017 11/24/2017 11/30/2017 0.037 0.037
Year to Date   0.037 0.037

Notes:

Securities regulations do not allow us to report performance for an exchange-traded fund that has been available for less than one year. This fund was launched October 19, 2017.

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.