RBC U S DIVID COVERED CALL ETF CAD UNITRBC U S DIVID COVERED CALL ETF CAD UNITRBC U S DIVID COVERED CALL ETF CAD UNIT

RBC U S DIVID COVERED CALL ETF CAD UNIT

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Key stats


Assets under management (AUM)
‪23.56 M‬CAD
Fund flows (1Y)
‪7.26 M‬CAD
Dividend yield (indicated)
5.30%
Discount/Premium to NAV
0.4%
Shares outstanding
‪1.02 M‬
Expense ratio
1.03%

About RBC U S DIVID COVERED CALL ETF CAD UNIT


Issuer
Royal Bank of Canada
Brand
RBC
Home page
Inception date
Jan 17, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Distributes
Capital Gains
Tax on distributions
Qualified dividends
Primary advisor
RBC Global Asset Management, Inc.
The fund seeks income and long-term capital appreciation by investing in a diversified portfolio of US companies with above average dividend yield or good prospects for dividend growth. The fund adviser primarily uses a fundamental approach in the selection process. The fund also considers quantitative and technical metrics, as well as material ESG factors, including corporate governance, employee health and safety, human rights, and environmental management. The fund writes covered call options on some of the equity portfolio. Covered calls partially hedge against price declines of the underlying securities. The fund is actively managed, the adviser has full discretion to buy, hold, or sell securities at any given time. The fund may also engage in securities lending and invest in derivatives, cash, and money market instruments.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
U.S.
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 31, 2025
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Finance
Stocks92.70%
Electronic Technology21.60%
Finance13.67%
Technology Services8.39%
Health Technology8.36%
Consumer Non-Durables8.15%
Retail Trade5.20%
Utilities5.10%
Consumer Services4.93%
Health Services4.27%
Transportation3.76%
Energy Minerals3.48%
Communications2.31%
Producer Manufacturing2.31%
Industrial Services1.17%
Bonds, Cash & Other7.30%
ETF3.72%
Cash3.58%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows