RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited ("BlackRock Canada").
RBC Target Maturity Bond ETFs (RBC TMB ETFs) are a suite of fixed income investment solutions designed to meet the evolving needs of investors.
These innovative ETFs combine the defined maturity and regular income characteristics of individual bonds with the transparency, diversification, and tradability of an exchange-traded fund.
Mature like a bond
A bond portfolio with a specified maturity date in September of the stated maturity year. Similar to an individual bond, investors will receive the ETF’s net asset value at maturity.
Trade like a stock
RBC TMB ETFs trade throughout the trading day on the stock exchange. Investors have access to real-time market pricing. Portfolio holdings and characteristics information is available daily.
Diversified like a fund
Get exposure to a diversified basket of investment-grade bonds in a single ETF.
Competitive yields
Yields ranging from 3.29%-4.60% for maturity dates from 2024 to 2029*
Flexibility
Tailor fixed income portfolios with government bonds or corporate bonds across a number of maturity dates.
Stable Income
Interest income is distributed monthly which can help smooth investors’ cash flow relative to holding individual bonds which pay semi-annually.
*As of July 31, 2024. Portfolio characteristics subject to change
Explore RBC TMB ETFs
RBC Global Asset Management has a 12+ year track record of managing TMB ETFs, $3+ billion in TMB ETF AUM, and the broadest range of TMB ETF options to meet investor needs.1{{unit.mainTarget.title}}
How to use RBC TMB ETFs
Bond ladders: Bond ladders are a great way to manage interest rate or maturity risk, however, finding suitable individual bonds can be challenging. RBC TMB ETFs are a convenient and cost-effective solution for building and maintaining ladders.
Yield curve positioning: RBC TMB ETFs offer investors an effective way to gain exposure to specific points on the yield curve. For example, investors can easily take a short or long-term view, or even implement a “barbell” approach.
Liability matching: In addition to providing monthly income, RBC TMB ETFs can provide a lump-sum source of cash flow to match known future needs.
Download the fund profiles
Additional resources
How can we help?
RBC iShares offers an unparalleled breadth of ETF solutions, a commitment to exceptional service and top investment expertise located around the world.
Advisors: Contact your dedicated sales team and access portfolio resources – Login here.
Investors: Contact your financial advisor to discuss which investments may be right for you.