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)
‪131.75 M‬CAD
Fund flows (1Y)
‪6.40 M‬CAD
Dividend yield (indicated)
3.43%
Discount/Premium to NAV
0.2%

About RBC 1-5 YR LADDERED CANADIAN CORPOR CAD UNIT


Issuer
Royal Bank of Canada
Brand
RBC
Expense ratio
0.28%
Inception date
Jan 15, 2014
Index tracked
No Underlying Index
Management style
Active
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
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 December 24, 2024
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