Key stats
About RBC U S DISCOUNT BOND ETF UNITS CAD
Expense ratio
0.33%
Home page
Inception date
May 18, 2023
The fund seeks to provide regular income while preserving capital by holding short-term US government and corporate bonds. The fund primarily invests in bonds trading below the weighted average price of the US short-term bond universe, with a preference for discount bonds. To select bonds, the fund adviser uses a rules-based, proprietary process that considers key factors such as term to maturity, credit quality, yield to maturity, duration, and issuer diversification. The fund adviser also incorporates material environmental, social, and governance (ESG) factors in the selection process. 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
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%
Government78.18%
Corporate21.33%
Cash0.48%
Top 10 holdings
Dividends
Dividend payout history