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.
Smooth income stream
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