As announced earlier this year, the RBC Target 2020 Corporate Bond Index ETF will mature effective the close of business today,
ETF | TICKER | FINAL NAV PER UNIT |
RBC Target 2020 Corporate Bond Index ETF | RQH |
The final NAV per unit consists of the following:
Income per unit | |
Capital per unit | |
Final NAV per unit |
The maturity proceeds will be paid out of the ETF today to the holders of the remaining outstanding units.
The suite of RBC Target Maturity Corporate Bond ETFs includes seven ETFs with maturities ranging from 2021 to 2027. Unlike traditional ETFs, which have a perpetual life, target maturity ETFs have a specified maturity date established when the ETF is launched, enabling investors to build customized fixed income portfolios tailored to specific investment needs.
For further information regarding RBC ETFs, please visit https://www.rbcgam.com/etfs.
Commissions, management fees and expenses all may be associated with investments in exchange-traded funds ("ETFs"). Please read the applicable prospectus or ETF Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns. RBC ETFs are managed by
About RBC
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of
SOURCE RBC Global Asset Management Inc.
© Canada Newswire, source