The RBC ETF seeks to provide unitholders with exposure primarily to the performance of a diversified portfolio of Canadian corporate and government bonds, divided (?laddered?) into five groupings with staggered maturities from one to five years, that will provide regular income while preserving capital. The RBC ETF is not an index mutual fund and is managed in the discretion of the manager in accordance with its investment objectives and strategies and, as such, is generally more active in nature than index mutual funds.
Research context
RBC 1-5 Year Laddered Canadian Bond ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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