RBC CANADIAN ULTRA SHORT TERM BOND CAD UNITSRR

RBC CANADIAN ULTRA SHORT TERM BOND CAD UNITS

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Key stats


Assets under management (AUM)
‪2.50 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
4.08%
Discount/Premium to NAV
0.008%
Shares outstanding
‪50.00 K‬
Expense ratio

About RBC CANADIAN ULTRA SHORT TERM BOND CAD UNITS


Brand
RBC
Home page
Inception date
Apr 2, 2025
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
RBC Global Asset Management, Inc.
The fund provides segmented exposure to the Canadian fixed income market. It specifically targets investment grade debt securities issued by corporations in Canada with a remaining term to maturity of 12 months or less. 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, duration, and overall emphasis on issuer diversification. The fund seeks to provide regular income.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Ultra-short term
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
100%
Top 10 holdings
Symbol
Assets
Symbol
Assets
B
Bell Telephone Company of Canada 3.55% 02-MAR-2026
7.48%
R
Royal Bank of Canada 2.088% 30-JUN-2030
7.46%
N
North West Redwater Partnership, Inc. 3.2% 24-APR-2026
7.07%
F
Federation des caisses Desjardins du Quebec 1.093% 21-JAN-2026
6.99%
C
Central 1 Credit Union 5.417% 29-SEP-2025
6.09%
W
Westcoast Energy Inc. 3.77% 08-DEC-2025
6.06%
H
H&R Real Estate Investment Trust 4.071% 16-JUN-2025
6.05%
T
Toronto-Dominion Bank 2.667% 09-SEP-2025
6.05%
A
Allied Properties Real Estate Investment Trust 1.726% 12-FEB-2026
5.58%
I
Intact Financial Corporation 3.77% 02-MAR-2026
5.26%
Top 10 weight64.10%
20 total holdings

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Frequently Asked Questions


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.
RUST net asset value is 50.02 today — it's risen 0.29% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RUST assets under management is ‪2.50 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.
RUST fund flows account for 0.00 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.
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.
RUST invests in bonds. See more details in our Analysis section.
No, RUST isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RUST pays dividends to its holders with the dividend yield of 4.08%.
RUST trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RUST shares are issued by Royal Bank of Canada
RUST follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 2, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.