Key stats
About RBC CANADIAN ULTRA SHORT TERM BOND 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 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
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
Corporate
Bonds, Cash & Other100.00%
Corporate99.41%
Cash0.59%
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
RUST last dividends amounted to 0.13 CAD. The month before, the issuer paid 0.13 CAD in dividends, which shows a 3.85% increase.
RUST assets under management is 2.50 M CAD. It's risen 0.01% over the last month.
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.
Yes, RUST pays dividends to its holders with the dividend yield of 4.08%. The last dividend (May 30, 2025) amounted to 0.13 CAD. The dividends are paid monthly.
RUST 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.
RUST follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RUST invests in bonds.
RUST trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.