The RBC iShares alliance includes RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited.

What are discount bond ETFs?

RBC Discount Bond ETFs provide exposure to high quality, short- term government and corporate bonds, with an emphasis on discount bonds. These ETFs seek to deliver an attractive after-tax return that consists of both interest income and capital gains. This means they are an ideal option for investors seeking a tax-efficient, shorter-term solution for their non-registered accounts. RBC Discount Bond ETFs can also be a great complement to a fully diversified ‘core’ bond portfolio to shorten duration and increase tax efficiency.

Simplicity

Access a single ticket, cost efficient diversified portfolio of short-term Canadian or U.S. government and corporate bonds.

Tax-efficiency

Enjoy a more tax-efficient return in non-registered accounts when compared to bonds purchased at par.

Liquidity

Benefit from strong liquidity and ease of trading relative to many other fixed income solutions.

Active Management

Put the breadth and depth of experience of the RBC GAM Fixed Income Team to work for you.

How do we manage RBC Discount Bond ETFs for you?

A consistent rules-based approach

We apply a disciplined process to select shorter-term government and corporate bonds at a discount.

A focus on value – Price Awareness

We look for bonds trading below the weighted average price of a custom short-term bond universe.

A focus on quality

Invests in high-quality Canadian or U.S. government and corporate bonds and actively managed by the RBC GAM Fixed Income Team.

Discount
Bond

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Explore RBC Discount Bond ETFs

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Explore RBC Discount Bond ETFs

Download the Fund profiles (Canada) Download the Fund profiles (United States)

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Additional resources

How can we help?

The RBC iShares alliance offers an unparalleled breadth of ETF solutions, a commitment to exceptional service and top investment expertise located around the world.

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Investors: Contact your financial advisor to discuss which investments may be right for you.