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About RBC Canadian Equity Income Fund ETF Trust Units
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Inception date
Mar 8, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
RBC Global Asset Management, Inc.
ISIN
CA74935U1084
The fund seeks to provide high monthly cash flow, capital growth potential, and tax-efficient distributions. It actively manages a broad portfolio of common and preferred securities issued by dividend-paying Canadian companies of any size with above-average dividend yields and/or dividend growth potential. The fund also invests in real estate investment trusts (REITs) and other income trusts that have the ability to maintain and grow distributions while keeping sufficient cash flow for organic growth opportunities. The selection process is primarily based on fundamental research, with consideration to quantitative, technical, and material ESG factors. The fund may invest up to 35% of its net assets in foreign securities and up to 10% in high-yield corporate debt. In addition, the fund may engage in securities lending and use derivatives such as options, futures, and swaps for hedging purposes, as a substitute for direct investment, or to generate income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Industrial Services
Stocks96.45%
Finance45.11%
Industrial Services11.65%
Utilities8.10%
Energy Minerals6.51%
Non-Energy Minerals5.92%
Transportation4.75%
Retail Trade3.62%
Communications3.38%
Distribution Services2.79%
Process Industries2.37%
Technology Services0.84%
Commercial Services0.51%
Miscellaneous0.35%
Health Technology0.30%
Producer Manufacturing0.27%
Bonds, Cash & Other3.55%
Cash2.63%
UNIT0.83%
Miscellaneous0.08%
Corporate0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RCEI invests in stocks. The fund's major sectors are Finance, with 45.11% stocks, and Industrial Services, with 11.65% of the basket. The assets are mostly located in the North America region.
RCEI top holdings are Royal Bank of Canada and Toronto-Dominion Bank, occupying 7.75% and 5.17% of the portfolio correspondingly.
RCEI assets under management is 4.84 M CAD. It's risen 4.28% over the last month.
RCEI fund flows account for 2.89 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, RCEI doesn't pay dividends to its holders.
RCEI shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Mar 8, 2023, and its management style is Active.
RCEI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RCEI invests in stocks.
RCEI price has risen by 6.33% over the last month, and its yearly performance shows a 18.89% increase. See more dynamics on RCEI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.55% over the last month, showed a 8.93% increase in three-month performance and has increased by 21.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.55% over the last month, showed a 8.93% increase in three-month performance and has increased by 21.81% in a year.
RCEI trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.