RBC CANADIAN BANK YIELD INDEX ETF CAD UNITS

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

RBNK trades at 29.07 CAD today, its price has fallen −0.72% in the past 24 hours. Track more dynamics on RBNK price chart.

RBNK assets under management is ‪271.01 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

RBNK invests in stocks. See more details in our Analysis section.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RBNK technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RBNK shows the buy signal. See more of RBNK technicals for a more comprehensive analysis.

Yes, RBNK pays dividends to its holders with the dividend yield of 4.48%.

RBNK shares are issued by Royal Bank of Canada

RBNK follows the Solactive Canada Bank Yield Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Oct 19, 2017.