RBC GAM introduces 5 income-oriented ETFs

Ticker

Fund name and description

Management

fee

RPSB

RBC PH&N Short Term Canadian Bond ETF invests primarily in a diversified portfolio of short duration Canadian government and corporate bonds, as well as Canadian bonds issued by foreign corporations. RPSB is actively managed by the fixed-income investment team at Phillips, Hager & North Investment Management, and aims to provide monthly income and stability of capital.

0.35%

RMBO

RBC 6-10 Year Laddered Canadian Corporate Bond Ladder ETF consists of a rules-based, actively managed portfolio of Canadian bonds with a term to maturity ranging from six to 10 years. RMBO aims to provide regular monthly income and offers staggered maturities to aim to reduce interest rate risk.

0.25%

RUSB

RBC Short-Term U.S. Corporate Bond ETF invests primarily in short duration U.S. corporate bonds and is the first active short-term U.S. fixed income ETF in Canada. RUSB aims to provide investors with yield and potential for modest capital appreciation. RUSB is also offered in a USD version with the ticker RUSB.U.

0.35%

RBDI

RBC BlueBay Global Diversified Income (CAD Hedged) ETF consists of a diversified global bond portfolio designed to maximize yield for a particular level of credit risk by targeting bonds with the most attractive yield/quality characteristics. RBDI aims to provide investors a simple way to access monthly income from a specialty global fixed income strategy.

0.60%

Ticker

Fund name and description

RBNK

RBC Canadian Bank Yield Index ETF tracks the performance of a portfolio of the largest six Canadian bank stocks. RBNK aims to provide investors with an efficient way to invest in the Canadian banks and a source of tax-efficient income.

0.29%