RBC CANADIAN BANK YIELD INDEX ETF CAD UNITSRBC CANADIAN BANK YIELD INDEX ETF CAD UNITSRBC CANADIAN BANK YIELD INDEX ETF CAD UNITS

RBC CANADIAN BANK YIELD INDEX ETF CAD UNITS

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Key stats

Assets under management (AUM)
‪245.82 M‬CAD
Fund flows (1Y)
‪−17.09 M‬CAD
Dividend yield (indicated)
4.90%
Discount/Premium to NAV
−0.4%

About RBC CANADIAN BANK YIELD INDEX ETF CAD UNITS

Issuer
Royal Bank of Canada
Brand
RBC
Expense ratio
0.32%
Inception date
Oct 19, 2017
Index tracked
Solactive Canada Bank Yield Index - CAD
Management style
Passive
The fund invests in the constituent securities of an index that includes stocks of Canadas six largest banks. The stocks are selected by market capitalization and weighted based on their indicative annual dividend yields. The two highest dividend yielding Canadian bank stocks each receive a 1/4 weight. Stocks which rank third and fourth each receive a 1/6 weight, and the remaining two each receive a 1/12 weight. The index is rebalanced every quarter.

Classification

Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Banks
Strategy
Dividends
Weighting scheme
Tiered
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 26, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Stocks99.51%
Finance99.51%
Bonds, Cash & Other0.49%
Cash0.49%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows