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About RBC TARGET 2028 US CORPORATE BOND E UNITS CAD
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Inception date
Apr 24, 2024
The fund is a held-to-maturity portfolio that aims to provide income by actively investing in investment grade, US corporate bonds with effective maturities in 2028. It is designed for investors with low-risk appetites who can accept fluctuations in the value of their investment. Each bond is assessed and selected for its term and yield to maturity, credit quality, issue size, liquidity, and relative price to par. The funds' maturity date will be on or about September 30, 2028. The fund will voluntarily delist from the TSX in advance of its termination date, and upon maturity, it will dissolve and return all capital to investors.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.82%
Cash1.18%
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