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About RBC Emerging Markets Dividend 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
CA7493291081
The fund is actively managed to invest in equities that exhibit above-average dividend yields. In selecting emerging market equities, the portfolio manager assesses the economic outlook of the emerging markets, including expected growth, market valuations, and economic trends. The stock selection process involves fundamental research and quantitative, technical, and material ESG factors, including intrinsic value, liquidity, and overall portfolio risk. The fund may invest up to 10% in mutual funds managed by RBC GAM or an affiliate. The fund may also use derivatives such as options, futures, forward contracts, securities lending, repurchase, and reverse repurchase transactions to generate additional income or as a shortterm cash management tool. The ETF Series units intend to distribute any net income quarterly starting March in cash. The fund intends to distribute any net capital gains annually in December.
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
Electronic Technology
Retail Trade
Stocks100.17%
Finance35.25%
Electronic Technology19.57%
Retail Trade10.73%
Consumer Durables6.93%
Non-Energy Minerals5.46%
Technology Services5.07%
Distribution Services2.45%
Communications2.37%
Transportation2.23%
Process Industries1.69%
Consumer Services1.40%
Health Technology1.11%
Commercial Services1.09%
Consumer Non-Durables1.06%
Utilities1.00%
Industrial Services0.99%
Energy Minerals0.81%
Health Services0.78%
Bonds, Cash & Other−0.17%
Cash−0.17%
Stock breakdown by region
Asia68.55%
Latin America8.61%
Africa8.36%
Europe6.62%
North America4.56%
Middle East3.30%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
REMD invests in stocks. The fund's major sectors are Finance, with 35.31% stocks, and Electronic Technology, with 19.60% of the basket. The assets are mostly located in the Asia region.
REMD top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Alibaba Group Holding Limited, occupying 9.96% and 4.65% of the portfolio correspondingly.
REMD assets under management is 1.31 M CAD. It's risen 34.68% over the last month.
REMD fund flows account for 537.41 K 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, REMD doesn't pay dividends to its holders.
REMD 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.
REMD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
REMD invests in stocks.
REMD price has risen by 5.12% over the last month, and its yearly performance shows a 34.05% increase. See more dynamics on REMD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.33% over the last month, showed a 15.81% increase in three-month performance and has increased by 32.02% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.33% over the last month, showed a 15.81% increase in three-month performance and has increased by 32.02% in a year.
REMD trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.