(As of 4/30/2023)

RBC Target 2023 Corporate Bond Index ETF (RQK)

(Canadian Short Term Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2021





Inception Return
(9/20/2016)
1.93 %
YTD Return 1.71 %
NAVPS
(5/29/2023)
$18.94
Change $0.00 / 0.01 %
Growth of $10,000 (As of April 30, 2023)
MER 0.27 %
Assets ($mil) -
Rank (1Yr) 36/276
Std Dev (3Yr) 2.76 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The investment objective of the RBC Target 2023 Corporate Bond Index ETF is to provide income, for a limited period of time ending on the RBC Target 2023 Corporate Bond Index ETF's Termination Date, by replicating, to the extent possible, the investment results that correspond generally to the performance, before the RBC Target 2023 Corporate Bond Index ETF's fees and expenses, of the FTSE TMX Canada 2023 Maturity Corporate Bond Index.
Fund Manager

RBC Global Asset Mgmt Inc.

Portfolio Manager

RBC Global Asset Mgmt Inc.

Sub-Advisor
Data not available
 
Asset Allocation
(As of January 31, 2023)
Sector Allocation
(As of January 31, 2023)
Geographic Allocation
(As of January 31, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
Canada Government 0.00% 09-Nov-2023Domestic BondsFixed IncomeCanada10.14%
Canadian Imperial Bank Commrce 2.43% 09-Jun-2023Cash and EquivalentsCash and Cash EquivalentCanada8.15%
Toronto-Dominion Bank 1.91% 18-Jul-2023Cash and EquivalentsCash and Cash EquivalentCanada5.89%
Sun Life Financial Inc 3.05% 19-Sep-2028Domestic BondsFixed IncomeCanada5.75%
Daimler Trucks Finance Cda Inc 1.85% 15-Dec-2023Domestic BondsFixed IncomeCanada4.61%
Manulife Financial Corp 3.32% 09-May-2028Domestic BondsFixed IncomeCanada4.26%
Pembina Pipeline Corp 2.56% 01-Jun-2023Cash and EquivalentsCash and Cash EquivalentCanada4.25%
Royal Bank of Canada 2.33% 05-Dec-2023Domestic BondsFixed IncomeCanada4.02%
Honda Canada Finance Inc 3.18% 28-Aug-2023Cash and EquivalentsCash and Cash EquivalentCanada3.89%
VW Credit Canada Inc 3.25% 29-Mar-2023Cash and EquivalentsCash and Cash EquivalentCanada3.59%

Performance Data (As of April 30, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.41 1.17 2.49 1.71 2.83 1.56 2.68 -   
Benchmark 0.41 0.89 2.77 2.10 1.67 -0.29 1.37 1.43
Quartile Ranking 3 1 4 4 1 1 1 -

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -0.89 -0.44 6.29 5.54 1.00 1.24 -      -      -      -     
Benchmark -3.98 -0.92 5.17 2.98 1.89 0.27 0.90 2.56 3.01 1.84
Quartile Ranking 1 2 1 1 3 1 - - - -

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