RBC Target 2027 Canadian Corporate Bond Index ETF

The RBC Target 2027 Canadian Corporate Bond Index ETF is a fixed-income exchange-traded fund designed to give investors exposure to a diversified portfolio of Canadian corporate bonds with maturities in 2027. The primary purpose of this ETF is to provide predictable income and a level of principal preservation over a defined period, suitable for investors with specific investment timelines. The fund invests in investment-grade corporate bonds issued by Canadian companies across various sectors such as financials, utilities, and industrials. As an ETF, it allows for easy access to the bond market, offering liquidity, diversification, and transparency through its publicly listed structure. By aligning with a target maturity date, this fund provides clarity on interest rate risk and return of principal at the end of the investment horizon, making it a useful tool for strategic asset allocation regarding future financial planning.