RBC Target Maturity Bond ETFs (RBC TMB ETFs) are a suite of fixed income investment solutions designed to meet the evolving needs of investors.
These innovative ETFs combine the defined maturity and regular income characteristics of individual bonds with the transparency, diversification, and tradability of an exchange trade fund.
Solutions include RBC Target Maturity Government Bond ETFs and RBC Target Maturity Corporate Bond Index ETFs.
Diversification
Each ETF holds a basket of government or corporate bonds, helping reduce risk relative to individual bond positions.
Defined maturities
Similar to an individual bond, investors will receive the ETF’s net asset value at maturity.
Smooth income stream
Payouts on the same day each month can simplify cash management.
Convenience
Ease of trading, deep liquidity, and annual maturities each September provide a convenient and efficient means to manage fixed income.
Flexibility
With a wide range of maturity dates, you have the flexibility to build ladders, match future liabilities or target positions on the yield curve.
Professional management
Investment professionals monitor and maintain portfolio quality and risk for you.
RBC Target Maturity Government Bond ETFs (RBC TMGB ETFs)
Each RBC TMGB ETF provides exposure to a basket of Canadian government bonds with effective maturities in the same calendar year.
The portfolio managers actively manage risk and credit quality.
RBC Target Maturity Corporate Bond ETFs (RBC TMCB ETFs)
Each RBC TMCB ETF provides exposure to a basket of Canadian investment grade corporate bonds1 with effective maturities in the same calendar year.
Semi-annual rebalancing is designed to manage risk, credit quality and yield to maturity.
1The ETFs may hold provincial bonds from time to time to enhance diversification