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About RBC Global Technology 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
CA7493471006
The fund utilizes the Issuers research expertise to invest in companies that provide services to technology or telecommunications firms or those that may benefit from developments in these sectors. Stocks selected may be of any market capitalization and located anywhere around the globe. Selection is based on fundamental research but may also consider quantitative and technical factors. Key attributes considered are market leadership, predictable growth, high and sustainable profitability, companies with strong management teams, and trading at an attractive valuation. Material ESG factors are also considered. A team of portfolio managers and global research analysts support the funds portfolio manager. Portfolio risk is managed by assessing the expected return of individual positions relative to their volatility compared to other positions in the portfolio. As an actively managed fund, the portfolio manager has full discretion to buy or sell positions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RTEC assets under management is 14.82 M CAD. It's risen 7.41% over the last month.
RTEC fund flows account for 3.74 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, RTEC doesn't pay dividends to its holders.
RTEC 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.
RTEC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RTEC price has risen by 3.83% over the last month, and its yearly performance shows a 26.91% increase. See more dynamics on RTEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.05% over the last month, showed a 11.33% increase in three-month performance and has increased by 27.76% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.05% over the last month, showed a 11.33% increase in three-month performance and has increased by 27.76% in a year.
RTEC trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.