Key stats
About RBC TARGET 2031 CANADIAN GOVERNMENT CAD UNITS
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Inception date
Apr 2, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
RBC Global Asset Management, Inc.
The fund is a held-to-maturity portfolio that aims to provide income by actively investing in investment grade, Canadian government bonds with effective maturities in 2031. 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 yield to maturity, credit quality, issue size, liquidity, and overall emphasis on issuer diversification. The funds' maturity date will be on or about September 30, 2031. 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
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
Government
Corporate
Bonds, Cash & Other100.00%
Government79.24%
Corporate20.22%
Cash0.54%
Stock breakdown by region
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
Frequently Asked Questions
RGQT invests in bonds. The fund's major sectors are Government, with 79.24% stocks, and Corporate, with 20.22% of the basket. The assets are mostly located in the North America region.
RGQT top holdings are Canada Treasury Bonds 1.5% 01-JUN-2031 and Canada Treasury Bonds 1.5% 01-DEC-2031, occupying 23.76% and 21.57% of the portfolio correspondingly.
RGQT last dividends amounted to 0.03 CAD. The month before, the issuer paid 0.03 CAD in dividends, which shows a 16.67% increase.
RGQT assets under management is 10.88 M CAD. It's fallen 8.56% over the last month.
RGQT fund flows account for 8.92 M CAD (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.
Yes, RGQT pays dividends to its holders with the dividend yield of 1.67%. The last dividend (May 30, 2025) amounted to 0.03 CAD. The dividends are paid monthly.
RGQT shares are issued by Royal Bank of Canada under the brand RBC. The ETF was launched on Apr 2, 2025, and its management style is Active.
RGQT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RGQT invests in bonds.
RGQT trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.