RBC Short Term U.S. Corporate Bond ETF (USD Units)

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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.U
Exchange: TSX
Assets ($mm): 9.50
Units Outstanding: 600,000
Mgmt. Fee**: 0.35

CUSIP: 74934F201
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 January 16, 2018)
Closing Price 15.83
Change ($) 0.00
Change (%) 0.00
Market 52 Week High 16.04
Market 52 Week Low 15.81
Volume 0
Fund Net Asset Value
(as of January 16, 2018)
NAV Price 15.84
Change ($) 0.00
Change (%) -0.02
NAV per Share 52 Week High 16.03
NAV per Share 52 Week Low 15.84
   


Performance Analysis

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


Portfolio Analysis

 (as of January 16, 2018)
Number of Securities 121
Weighted Average Yield to Maturity (%)*
Weighted Average Current Yield (%)*
Weighted Average Coupon (%)* 3.18
Weighted Average Duration 2.77
Weighted Average Credit Rating BBB+
*Gross Of MER

Sector Breakdown
(as of December 31, 2017)


Underlying Holdings  (as of January 16, 2018) % Assets
WESTPAC BKG CORP FLTG JAN 11 22 2.3
COOPERATIEVE CNT RAI FLTG JAN 10 23 2.3
SEMPRA ENERGY 2.900 FEB 01 23 2.3
BANK AMER CORP 2.503 OCT 21 22 1.8
JPMORGAN CHASE & CO FLTG OCT 24 23 1.4
CITIGROUP INC FLTG AUG 02 21 1.4
AMERICAN TOWER CORP 3.400 FEB 15 19 1.4
VERIZON COMMUNICATIO 2.946 MAR 15 22 1.4
CITIGROUP INC 2.650 OCT 26 20 1.4
TD BANK 2.500 DEC 14 20 1.4
 
Top Holdings (% of Portfolio) 16.9%
Total Number of Holdings 121


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 0.029 0.029
Dec, 2017 12/27/2017 12/29/2017 01/05/2018 0.065 0.065
Year to Date   0.094 0.094

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.