RBC 1-5 YR LADDERED CANADIAN CORPOR CAD UNITRBC 1-5 YR LADDERED CANADIAN CORPOR CAD UNITRBC 1-5 YR LADDERED CANADIAN CORPOR CAD UNIT

RBC 1-5 YR LADDERED CANADIAN CORPOR CAD UNIT

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Key stats


Assets under management (AUM)
‪133.80 M‬CAD
Fund flows (1Y)
‪4.63 M‬CAD
Dividend yield (indicated)
3.42%
Discount/Premium to NAV
0.1%
Shares outstanding
‪7.15 M‬
Expense ratio
0.28%

About RBC 1-5 YR LADDERED CANADIAN CORPOR CAD UNIT


Issuer
Royal Bank of Canada
Brand
RBC
Inception date
Jan 15, 2014
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
RBC Global Asset Management (US), Inc.
The fund combines active management with a laddered strategy to provide diversified exposure to the Canadian corporate bond market. The fund invests equally in five RBC Target Maturity Corporate Bond ETFs that each has one to five years remaining term to maturity. To maintain the one-to-five-year ladder structure, the fund rolls each nearest-term, target-date ETF into a new five-year, target-date ETF at the end of each year. The portfolio is rebalanced on a semi-annual basis.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Broad credit
Niche
Short-term
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 29, 2025
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.99%
Cash0.01%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows