Overview
Description
The RBC Target 2026 Canadian Corporate Bond Index ETF is an investment fund designed to offer investors exposure to a diversified portfolio of Canadian corporate bonds, set to mature around the year 2026. This fixed-income ETF primarily aims to provide regular income distribution through its holdings in mid-term corporate bonds issued by Canadian companies across various industries. By focusing on bonds with a specific maturity date, the ETF seeks to mitigate interest rate risk, providing a defined time horizon for investors' capital preservation strategies. The ETF is particularly useful for investors seeking predictable income streams and risk-adjusted returns while maintaining portfolio diversification. Its role in the financial market is to facilitate access to a collection of high-quality corporate debt instruments, making it an attractive option for investors with an intermediate investment horizon and low-risk tolerance. This focused approach allows for lower bond turnover and the convenience of a passive investment vehicle.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE