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About RBC Quant EAFE Dividend Leaders ETF USD
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Inception date
Jan 15, 2014
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
RBC Global Asset Management, Inc.
ISIN
CA74931R2081
The fund aims to provide income with potential for long-term capital growth through an actively-managed portfolio of dividend-paying companies in the developed markets, excluding North America. Securities are selected using a rules-based, multi-factor approach that gauges a companys financial strength. Among the factors it considers includes the companys balance sheet strength, the stability and sustainability of its dividend payout and/or its ability to pay or grow dividends in the future. The funds sub-advisor also considers ESG factors if deemed applicable to the investment decision. Securities are weighted using a modified capitalization weighting methodology designed to reduce the dispersion of weights between larger and smaller capitalization companies. Holdings are reconstituted and rebalanced on a quarterly basis.
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
Stocks99.04%
Finance24.61%
Health Technology9.99%
Electronic Technology9.96%
Consumer Durables7.43%
Producer Manufacturing7.10%
Communications6.24%
Utilities5.70%
Consumer Non-Durables5.10%
Non-Energy Minerals4.41%
Transportation3.42%
Energy Minerals2.75%
Retail Trade2.73%
Technology Services2.52%
Distribution Services2.24%
Commercial Services1.40%
Industrial Services1.23%
Consumer Services1.05%
Process Industries1.03%
Health Services0.11%
Bonds, Cash & Other0.96%
Cash0.96%
Stock breakdown by region
Europe68.48%
Asia24.70%
Oceania6.81%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RID.U invests in stocks. The fund's major sectors are Finance, with 24.61% stocks, and Health Technology, with 9.99% of the basket. The assets are mostly located in the Europe region.
RID.U top holdings are Roche Holding Ltd Dividend Right Cert. and Novartis AG, occupying 4.08% and 4.05% of the portfolio correspondingly.
RID.U assets under management is 6.46 M USD. It's risen 2.07% over the last month.
RID.U fund flows account for 1.66 M USD (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, RID.U doesn't pay dividends to its holders.
RID.U shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Jan 15, 2014, and its management style is Active.
RID.U expense ratio is 0.72% meaning you'd have to pay 0.72% of your investment to help manage the fund.
RID.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RID.U invests in stocks.
RID.U price has risen by 0.72% over the last month, and its yearly performance shows a 27.00% increase. See more dynamics on RID.U price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.97% over the last month, showed a 7.96% increase in three-month performance and has increased by 21.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.97% over the last month, showed a 7.96% increase in three-month performance and has increased by 21.84% in a year.
RID.U trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.