Key stats
About RBC AAA CLO (CAD Hedged) ETF Trust Units
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Inception date
Apr 25, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
RBC Global Asset Management, Inc.
ISIN
CA74937F1099
The fund actively manages a portfolio of collateralized loan obligations (CLOS), with at least 75% of the portfolio allocated to AAA-rated CLO tranches and up to 25% to AA- or A-rated tranches. Investments will not include CLOs rated below A-. The fund focuses mainly on US-issued CLOs but may also hold European CLOs. Holdings may include derivatives to hedge foreign currency exposure relative to the Canadian dollar. Additionally, the fund may also use derivatives for both hedging and non-hedging purposes. The fund incorporates ESG factors into its investment process.
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
Securitized
Cash
Bonds, Cash & Other100.00%
Securitized84.54%
Cash12.66%
Corporate2.81%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RCLO invests in bonds. The fund's major sectors are Securitized, with 84.54% stocks, and Corporate, with 2.81% of the basket. The assets are mostly located in the N/A region.
RCLO assets under management is 49.80 M CAD. It's risen 8.51% over the last month.
RCLO fund flows account for 48.99 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, RCLO doesn't pay dividends to its holders.
RCLO shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Apr 25, 2025, and its management style is Active.
RCLO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RCLO invests in bonds.
RCLO trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.